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The Owens Community College Intranet

403(b) and 457 Retirement Planning – Toledo-area Campus

Did you know that as an Owens employee you are able to put money away toward retirement on a pre-tax basis? You can save toward a 403(b) and/or 457 Supplemental Retirement Account. Investing in SRAs is a benefit covered in Sections 403 (b) and 457 of the Internal Revenue Service Code.

In 2018 most employees are able to contribute up to $18,500 for those under the age of 50 and $24,500.00 for those 50 and over to a SRA plan. The minimum contribution per pay period is $15.00.

Rick Clark from AXA will be conducting 15-minute individual information meetings from 11:30 a.m. – 2 p.m. on the Toledo-area Campus, September 13 and 14 in Human Resources. If interested, please contact Patti Watson at x7692 to reserve your spot for an individual meeting by Friday, September 10.

Dan Herzig from VALIC will be conducting 30-minute individual information meetings from 8:30 a.m. – 3 p.m. on the Toledo-area Campus, Wednesday, September 19 in Human Resources. If interested, please contact Patti Watson at x7692 to reserve your spot for an individual meeting by Friday, September 14.

Posted on Wednesday, August 22nd, 2018 at 10:46 am