Graham ISD offers a 457(b) retirement plan as a way to help you save for life beyond your prime working years. Opening a plan can help you build savings with the convenience of contributing directly from your salary on pre-tax or after-tax (Roth) basis. You have the ability to start, stop, increase or decrease contributions any time. Enrolling in a 457(b) savings plan can help bring financial stability and security for life upon retirement. You can lower your current taxes or earn tax-free income, bridge your retirement income gap, and get closer financial independence. Unlike 403(b) plans, early withdrawals from a 457(b) account are not subject to a 10 percent early withdrawal tax upon separating from the employer.

Enroll and create your 457(b) account now!

1. Start at www.tcgservices.com/enroll.
2. Search for Graham ISD and choose the 457(b) Savings Plan.
3. Follow the steps on screen to select your salary contribution and investment options. Don’t forget to designate an account beneficiary. Note: If you’re unsure about which investment option to select or how much you should save, schedule a meeting with a Retirement Plan Specialist at www.tcgservices.com/telewealth.
4. Continue until you get a confirmation notice, and you’re done.

Participants may contribute up to $22,500 for 2023 and $23,000 in 2024. Participants aged 50 and older at any time during the calendar year are permitted to contribute an additional $7,500. You may simultaneously contribute to both 403(b) and 457(b) plans.