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Tacoma Vendor Information

Information For Vendors

CCC serves as the clearing house for all aspects of plan administration except for the standard Payroll functions of receiving Salary Reduction Agreements, data entry into the Payroll system, and remittance of contributions to investment companies. The For Vendors main site button up top leads to Vendor-specific information designed to assist vendors in providing up-to-date company and agent information and to assist vendors in seeking payroll slots.

Important Observation

This website is 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.

CCC's Relationship with Tacoma

CCC serves as the third party administrator (TPA) of the 403(b) Tax-Sheltered Annuity Plan (TSA) for Tacoma on a contractual basis, which began on 3/24/2009. Tacoma 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 Tacoma 403(b) Plan, please contact us with any questions.

Please note: Tacoma sponsors two 403(b) Plans, one being this Selected Vendors Plan that is administered by CCC, the other we refer to as the Existing Plan is administered by a different Third Party Administrator (TPA). CCC gladly answers questions which span both Plans, but CCC is unable to provide administration services for the Existing Plan.

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. Employer policies, practices, and procedures are available online, along with enrollment steps, Salary Reduction Agreement forms, and instructions for changing investment companies or contribution amounts. CCC monitors contributions for IRS compliance.

Frequently Asked Questions

If you still have questions about your employer's 403(b) plan after browsing other pages of this website, check out the answers to these Frequently Asked Questions.

Information Of General Interest

CCC provides general information that may be of interest, including CCC information & services, employee/participant resources, employer resources, vendor resources, and current CCC clients.

 

Plan Document for Tacoma

If you'd like to review the most recent Tacoma iteration/draft of its 403(b) Plan Document that will govern 403(b) policies for Employees of Tacoma beginning 1/1/2009, you may do so here. Once the Plan Document is officially adopted by the Employer's Board, the "Draft - Not Effective" banner will be removed.

Payroll Slot Rules and Requirements to Receive Exchanges and Transfers

Rules concerning payroll slots and becoming an eligible vendor to receive exchanges and transfers under the plan are contained in the plan document for Tacoma. We encourage vendors to contact CCC for assistance with these processes. The relevant plan document sections for Tacoma are linked below:

  • Requirements to Gain and Maintain Active or Inactive Payroll Slots;
  • 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 Tacoma Public Schools. 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: No
    • Permissive Service Credit Transfers: Yes
    • Plan-to-Plan Transfers To the Plan: Yes
    • Plan-to-Plan Transfers From the Plan: Yes

    457(b) Deferred Compensation Plan Available

    Tacoma sponsors a 457(b) Deferred Compensation Plan (DCP) in addition to its 403(b) Tax Sheltered Annuity (TSA) Plan. Tacoma employees are eligible to contribute to both plans, making it possible to essentially save double the amounts they could contribute to either plan separately, all the while deferring Federal and State income tax on the contributions.

    However, Tacoma has elected not to have CCC provide administrative services with respect to the Employer's 457(b) Plan. Therefore, information about the Tacoma 457(b) Plan must be obtained from the Employer Office.

    List of Vendors

    For a list of 403(b) Contribution Vendors for Tacoma Public Schools, along with additional Vendor information, please visit the List of Vendors page.

    Transaction Types - Definitions

    Click here for information about the various types of transactions associated with 403(b)accounts and information concerning the submission of transactions to CCC.