Voluntary Retirement

COVID-19 Resources

CARES Act Retirement Plan Provisions

Enrolling in a voluntary retirement savings plan today can help bring you financial stability and security when you retire. These plans can not only help bridge the income gap at retirement, but can lower your current taxes and earn you tax-free income. Saving is easy with payroll deducted contributions.

A 403(b) is a retirement savings plan generally offered by public schools and other tax-exempt organizations that allows employees to make contributions on a pre-tax or Roth basis. For Texas public school employees, the Teachers Retirement System (TRS) determines vendors and products that are available for investment. Employees can open an account with any approved vendor. Contributions can be started, stopped, increased or decreased at any time, subject to payroll cutoff dates.

TCG Administrators is the third party administrator in charge of managing plan communications and participation for the 403(b).

Visit  http://tcgservices.com/documents/#/299/403b for details including:

  • Approved vendor list
  • Deadline dates for enrollments and changes
  • Summary plan description
  • Maximum contribution limits and calculator
  • Online enrollment portal and account access
  • Forms
  • FAQ’s

Or view the flyer below for more information:

RAMS Region 10 Flyer – 403(b) Savings Plan

2019 TCG Administrators 403(b) Plan Annual Notice GM3

2019 TCG Administrators 403(b) Plan Annual Notice in Spanish