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CCC will be closed on Wednesday June 19th, 2024 for the Juneteenth Holiday.

Seattle Public Schools is offering Roth 403(b) Contributions starting with Contributions from your February 1, 2021 paycheck.

Steps to Enroll

1. Determine the Amount per Paycheck

The Seattle Public Schools 403(b) plan is a voluntary retirement plan option, you may contribute to this plan by deferring from your paychecks and contributing those funds (in an amount you specify) to an account held under a 403(b) Vendor with an Active Payroll Slot in the plan.

Traditional 403(b) accounts are tax deferred, meaning funds are deferred from your check to your investment account on a pre-tax basis. When you contribute to a Traditional 403(b) account, your net pay is not reduced by the full amount of your contribution (please see our net pay impact illustrations page for detailed examples).

Seattle Public Schools allows Roth 403(b) contributions to any Seattle Public Schools vendor that will accept such contributions. Roth contributions are deferred on an after-tax basis, as opposed to Traditional 403(b) which are deferred on a pre-tax basis.

Please note: There are annual (calendar year) contribution limits that apply.

2. Create or Login To Your CCC Employee User Account

Effective October 2020, SPS adopted paperless Salary Reduction Agreements (SRAs), which are handled through the CCC website. The first requirement is that you create a CCC Employee User Login Account. If you haven’t already created your account, click here. If you have already created your account, click here to login. Additional information about enrolling in the SPS 403(b) Plan is available once you are logged in. Contact Us if you have any questions or concerns.

3. Submit an Salary Reduction Agreement Online

Create an Online Account to complete and submit a Salary Reduction Agreement (SRA) or Log into Your Existing Account. Please have your Account Number handy to evidence that you completed Step 2, the Online SRA will require that information.
For more information on CCC Online Accounts please visit our Online Account FAQs and Tutorials page.

Continuation Until Cancellation: The most recent 403(b) SRA document on file at Seattle Public Schools remains in effect until you cancel the agreement, change the contribution amount, or change the vendor via the submission of a new 403(b) SRA.

Seattle Public Schools May Reduce Or Suspend Contributions: Seattle Public Schools is required to avoid contributions that might exceed IRS limits. Consequently, the 403(b) SRA stipulates that Seattle Public Schools may reduce and/or suspend contributions to avoid excess deferrals over your contribution limit.

 

 

Page Last Modified: 1/25/2024 1:52:49 PM