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A 403(b) plan may allow: Elective deferrals - employee contributions made under a salary reduction agreement. The agreement allows an employer to withhold money from an employees salary and deposit it into a 403(b) account.
What is a salary reduction agreement form?
The Salary Reduction Agreement (SRA) is to be used to establish, change, or cancel salary reductions withheld from your paycheck and contributed to the 403(b) and/or 457(b) Plan on your behalf. The SRA is also used to change the investment providers that receive your contributions.
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The University has approved phased retirement plans for academic years 2021-2024. Phased retirement allows a full-time faculty member who is 62 or older with
Apr 5, 2016 2015 (the Walker Letter Agreement) setting forth his compensation and benefits in such position. Pursuant to the Walker Letter Agreement, Mr.
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