403(b) Tax Sheltered Annuity Plan (TSA)
As a benefit to its employees, Finley School District sponsors a supplemental, tax-advantaged, retirement savings program authorized by Section 403(b) of the Internal Revenue Code. Such plans are often called 403(b) Plans or Tax Sheltered Annuity Plans or simply TSA Plans. Click Here to learn more about this excellent opportunity to better prepare for the financial aspects of retirement.
Roth Contributions Available
Finley School District has decided to allow its employees to make Roth 403(b) contributions to any Finley School District vendor that will accept such contributions. General information about Roth 403(b) contributions, which became available for the first time January 1, 2006, is available. Check the link periodically, since new information will be provided as it becomes available. For the most recent information about which vendors accept Roth 403(b) contributions, please see Vendors below. Again, check these lists periodically, since additional vendors are likely to begin accepting Roth 403(b) contributions.
General Employee Information
Information for Employees
CCC provides educational information below about advantages of tax deferred savings in general, along with links to websites that provide useful commentary and tools. Employer policies, practices, and procedures are available online, along with enrollment steps,
Salary Reduction Agreements, and instructions for changing investment companies or contribution amounts. CCC monitors contributions for IRS compliance.
Information Of General Interest
CCC provides general information that may be of interest, including CCC information & services, employee/participant resources, employer resources, vendor resources, current CCC clients, useful links, and ways to contact CCC.
Breaking News - Changes Ahead
Learn about significant changes either already set in concrete or under consideration.
CCC's Relationship with Finley School District
CCC serves as the plan administration of the 403(b) Tax-Sheltered Annuity Plan (TSA) for Finley School District on a contractual basis, which began on 6/15/2009. Finley School District is a Full-Service CCC Client. CCC is the primary point of contact for any questions concerning the Finley School District 403(b) Plan, please contact us with any questions.
This website updated on a regular basis to communicate complete and accurate information. We welcome your feedback concerning the website. Please contact us if you have comments or suggestions.
457(b) Deferred Compensation Plan (DCP)
As an additional benefit to its employees, Finley School District sponsors a supplemental, tax-advantaged, retirement savings program authorized by Section 457(b) of the Internal Revenue Code. Such plans are often called 457(b) Plans or Deferred Compensation Plans or simply 457 Plans. Click Here to learn more about this excellent opportunity to better prepare for the financial aspects of retirement.
Obtaining Transaction Authorization
CCC offers Plan Administrative Authorizations for plans CCC administers in various formats, depending on the transaction type.
CCC offers Authorization Vouchers for the following transaction types:
- 403(b) Distributions to the Participant (for qualifying events of Severance from employment and attainment of age 59.5)
- 403(b) Rollover Distributions (for qualifying events of Severance from employment and attainment of age 59.5)
- 403(b) Contract Exchanges within the Plan
- 403(b) Plan-to-Plan Transfers out of the Plan
For more information on requesting an Authorization Voucher, please click here.
Click here for information on submitting 403(b) Loans for authorization.
Click here for information on submitting 403(b) Hardship Distributions for authorization.
For all other transaction types
Participants may request plan authorization by completing the following steps:
- Complete a CCC Transaction Submission Cover Sheet and submit it, along with your completed vendor forms, to CCC. You may submit these documents to CCC using one of the following methods*:
- You may securely upload the documents to CCC by clicking here,
- You may fax the document to CCC at 503-968-7802, or
- You may mail the document to CCC at the following address:
Carruth Compliance Consulting
11515 SW Durham Rd. Suite E10
Tigard, OR 97224
- Once CCC receives your transaction submission we will review the documents, verify eligibility for the transaction.
- If appropriate, CCC will provide plan administrator's authorization for the transaction.
The CCC Transaction Submission Form is to be used to submit any transaction type except 403(b) Loans and 403(b) Hardships to CCC.
*Please note: some Vendors impose specific requirements before they will process certain (or any) transactions. Before you begin the process of submitting transaction, be sure to check for any special Vendor requirements (such as original document via mail only) by visiting their “General Information” page(s) available on the List of All Vendors page or contacting your vendor directly.
For more information on 403(b) transactions, including descriptions of the transaction types, click here.
View: CCC's Authorized Signatures Letter
Additional Employee Information
Additional Tax-Deferred Savings Information
CCC provides educational information about advantages of tax deferred savings in general, along with links to websites that provide useful commentary and tools. District policies, practices, and procedures are available online for this Plan, along with enrollment steps,
Salary Reduction Agreement
s, and instructions for changing investment companies or contribution amounts. CCC monitors contributions for IRS compliance.
What If I Need Financial Advice?
Click on this link for information about the financial advisor industry and helpful suggestions about how to locate one or more qualified, professional, and licensed financial advisors that meet your needs. Learn More
Frequently Asked Questions by Employees
Chances are, it's been asked before. If after reviewing subject-specific pages on this site you still have questions about your employer's CCC-administered 403(b) Plan, review these answers to Frequently Asked Questions (FAQ) by Employees.
Learn More 403(b)
Learn More 457(b)
Ask Your Own Questions
Click on this link to pose your own questions to Carruth Compliance Consulting, by electronic mail (email), telephone, fax, or any standard mail carrier. Learn More
Other Useful Links
Click on this link to review additional websites that CCC has found to be useful for various purposes. We welcome recommendations for additional websites to include on this Useful Links page. Learn More