403(b) Tax Sheltered Annuity Plan

A 403(b) plan is a tax-deferred contribution plan permitted by a section of the Internal Revenue Code, section 403(b).  This Code Section allows those employed by certain employers to participate in a tax-deferred savings plan/tax-sheltered account (TSA).  The IRS defines qualified employers to include public school systems.  All common law employees (except student workers) willing to contribute at least $15.00/month, are immediately eligible to make contributions under the Plan through a voluntary payroll deduction.  A third party administrator  manages the program for APS.  To participate in the program, make changes to existing accounts, or keep your name and address current please contact JEM Resource Partners at: 1-800-943-9179 or log onto their website at: www.jemtpa.com