403(b) and 457 Retirement
Transamerica
Meet with a Transamerica Retirement Planning Consultant 11/20/23 - 12/11/23
Appointments with a Transamerica Retirement Planning Consultant are available in English and Spanish and can be held virtually or by phone.
For more information or to schedule an appointment, click here.
Eligibility
All employees are eligible to enroll at any time.
Minimum Deferral Amount:
1% of pay
Maximum Deferral Amount:
2023 limit is $22,500
Catch Up Contributions (age 50+) limit is $7,500 for a total of $30,000
2024 limit is $23,00
Catch Up Contributions (age 50+) limit is $7,500 for a total of $30,500
District 300 does not match contributions.
Contributions and Contribution Changes
To begin contributing, create an online account using the "Online Access and New Account Instructions" link in the Resources dropdown below. Once you set your contribution amount it will be sent to D300, it may take a couple of weeks for you to see the change on your paycheck.
To change your contribution, sign in to your online account, and click here. Click on “Contributions” under the Manage tab.
If you have questions about your Transamerica account contact Transamerica at 1-800-755-5801. If you have questions regarding your paycheck contributions email HR.Benefits@D300.org.
Rollover or Transfer?
All employees are eligible to enroll in this plan on their date of hire.
Forms to transfer or rollover may be found online once you create an account with Transamerica. Use the "Online Access and New Account Instructions" link in the Resources dropdown below.
Refer to the IRS website for contribution limits, click here
Beneficiary
Sign in to your online account and click “Beneficiaries” under the Home tab, click here.
Resources and Fee Disclosures
Contact Transamerica
Customer Service: 800-755-5801
E-Delivery Letter February 2022
You may receive letters in the mail from Transamerica regarding e-delivery for District 300 Retirement Readiness Plan (403b) and 457 Supplemental Savings Plan. Transamerica receives an employee census weekly that informs them who is eligible to contribute to these plans. This means you may receive a letter regardless of your participation in these plans, please see below for details.
If you currently contribute to a 403(b) or 457 and did not receive a letter in the mail you may already be set up for electronic delivery and can disregard this notice.
If you currently contribute to a 403(b) or 457 and received information by mail, please review the instructions in the letter if you want to update your email address, request a paper version of a document, or opt-out of electronic delivery.
If you currently do not contribute to a 403(b) or 457 and would like to continue receiving notices from Transamerica you have the option to update your email address, request a paper version of a document, or opt-out of electronic delivery.
If you currently do not contribute to a 403(b) or 457 and do not want to receive notices, no action is needed.