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SOESD Employee Information

403(b) Tax Sheltered Annuity Plan (TSA)

As a benefit to its employees, Southern Oregon ESD sponsors a supplemental, tax-advantaged, retirement savings program. Such plans are called 403(b) Plans or Tax Sheltered Annuity Plans or simply TSA Plans. Click Here to learn more.

Online Access and Enrollment

New and Current Participants

  • Employees and former employees of SOESD may create an Online Account to monitor participation activities associated with the SOESD 403(b) Plan.

  • CCC encourages you to establish an Online Account, which will allow you to review information about your participation in the SOESD 403(b) Plan, including contributions to various vendors, account balances (if provided to CCC by vendors), and various transactions processed on your behalf by CCC (loans, hardship distributions, contract exchanges, plan-to-plan transfers, rollovers, required minimum distributions, etc.).

  • Click Here to create an Online Account.
  • Current employees who have created Online Accounts are encouraged to use CCC’s online enrollment system to submit Salary Reduction Agreements (SRA)* and manage contributions while logged in.

  • However, if you do not wish to create an Online Account but wish to enroll, you may submit an SRA in paper format. Click Here to access a printable SRA form.
*Please note: You must have an established account with a vendor in the plan to begin contributions.

Participants with Established Online Login Accounts

  • If you have already created a Online Login Account, Click Here or click the "Login" link in the upper-right-hand portion of this screen to login and access your account.

Step-By-Step Guidance

  • Guidance to Submit Your Very First Online SRA

  • If you have already created an online employee login account, Click Here for step-by-step guidance to change or cancel your current 403(b) TSA Plan contributions.

  • If you prefer not to create an online employee login account, Click Here for step-by-step guidance to submit a paper SRA to enroll, change or cancel contributions in the 403(b) TSA Plan.

Which Optional Features Does the District Allow in its 403(b) Plan?

403(b) Optional features are either included in, or excluded from, the Plan, as specified below and as further described in the parenthetically referenced sections in the Plan Document for Southern Oregon ESD. These options are listed here in abstract for convenient reference:

    Catch-ups under the Plan
  • 15 Years-of-Service Catch-up Elective Deferral Contributions: Yes
  • Age 50 Catch-up Elective Deferral Contributions: Yes
  • Contributions to the Plan
  • Direct Rollovers Into the Plan: Yes
  • Employer Contributions Allowed: No
  • Employer Post Severance Contributions Allowed: No
  • Exchanges Within the Plan: Yes
  • Roth Contributions: No
  • Other Plan Transactions
  • Hardship Distributions: Yes
  • In-service Distributions After Age 59-1/2: Yes
  • In-service Distributions From Rollover Accounts: Yes
  • Loans: Yes
  • Permissive Service Credit Transfers: Yes
  • Plan-to-Plan Transfers To the Plan: Yes
  • Plan-to-Plan Transfers From the Plan: Yes

CCC's Relationship with SOESD

CCC serves as the third party administrator (TPA) of the 403(b) Tax-Sheltered Annuity Plan (TSA) for SOESD on a contractual basis, which began on 3/24/2014. SOESD maintains a Selected Vendor 403(b) Plan Document that may have provisions that differ from the majority of CCC Full Service Clients and may restrict the addition of new vendors and/or exchanges or transfers to vendors other than those expressly stated in the Plan Document. CCC is the primary point of contact for any questions concerning the SOESD 403(b) Plan, please contact us with any questions.

Frequently Asked Questions by Employees

Please visit our 403(b) Frequently Asked Questions (FAQ) or 457(b) Frequently Asked Questions (FAQ) for additional information. For information concerning your Employer's plan, select your employer's link from the Information for Employees page.

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

 

Am I Eligible To Participate? How Much Can I Contribute?

Please review the Eligibility and Limits Announcement for a full description of the employees eligible to participate and the contribution limits that apply. SOESD does not require any minimum monthly contribution amount.

How Do I Begin, Change, or Cancel Contributions?

Please review the 403(b) Enrollment Procedures for step-by-step instructions on how to start, change, and cancel contributions to the plan.

What Are My Investment Options?

Please visit the 403(b) List of Vendors page for the options offered under the SOESD 403(b) plan. Click on the vendor names on the page to learn about product offerings and much more.

How do I choose a Vendor?

Generally speaking, vendors market their 403(b) investment products using one or more of the following approaches:

  • Agents Who Are Contracted Exclusively with the Vendor
  • Independent 403(b) Practitioners
  • Regional or Central Office Employees
  • Seminars, Meetings, and/or Brochure Distribution
  • Websites

Basic Information About Investment Products

Investment products for 403(b) plans may be broken down into the following investment types:

  • Fixed Annuities
  • Variable Annuities with a Fixed Account
  • Variable Annuities without a Fixed Account
  • 403(b)(7) Custodial Mutual Funds (No-Load)
  • 403(b)(7) Custodial Mutual Funds (Load)
  • 403(b)(7) Custodial Mutual Funds (Deferred Sales Charges)

Learn more about choosing an investment product.

403(b)Transaction Information

A transaction's availability may be limited by IRS guidelines, the optional features in the SOESD Plan and/or the underlying investment contract. To learn more about the transactions (including definitions and qualifying events), including how to obtain authorization for a transaction, please click here.