Tax Sheltered Annuities 403(b)
At Ocean View, we are committed to ensuring that managing your 403(b) plan is a seamless and straightforward experience. Our plan administration services are proudly provided by School’s First Credit Union, a trusted partner dedicated to your financial well-being. Ocean View School District offers an optional deferred program for employees which meets the requirements of section 403(b) of the Internal Revenue Service code. Under this plan, employees can set aside certain amounts of money each pay period. The employee does not pay income tax on this amount until it is withdrawn. Interest earned on these funds is also not taxed until withdrawal. Certain withdrawal restrictions apply. Generally, these funds may not be withdrawn until the employee attains age 59 1/2.
If you have questions about setting up your 403(b) plan or need assistance with any changes, our expert representative is here to help. Feel free to reach out to them directly using the contact information provided below. Alternatively, you can easily fill out the form on this page, and we’ll make sure your needs are addressed promptly.
RESOURCES:
Understanding Your 403(b) & Roth 403(b)
Salary Reduction Agreement (SRA) Form
For CalPERS Members
CalPERS Information
The California Public Employees' Retirement System provides individual counseling services and workshops for their members through the CalPERS regional offices. To speak to a CalPERS representative, call toll free (888) CalPERS (225-7377). Estimates of retirement benefits and general information may also be obtained through the CalPERS web site http://www.calpers.ca.gov/.
Contact CalPERS
California Public Employees' Retirement System\ P.O. Box 15275\ Sacramento, CA 95851-0275\ (888) CalPERS (225-7377)
CalPERS Glendale Regional Office\ 655 North Central\ Glendale, CA 91203\ (888) 225-7377
For CalSTRS Members
CalSTRS Forms
The CalSTRS website allows you to download and print current CalSTRS forms and publication. Forms highlighted with red text can be filled out online before you print them.
CalSTRS Counseling Appointments
A limited number of individual counseling appointments are available to all certificated school employees. These counseling services provide information about the retirement benefits, disability benefits, and survivor benefits available through CalSTRS. To schedule an appointment, please contact Janet Kateley at
(805) 383-1993.
CalSTRS Telephone Counseling
CalSTRS now offers telephone appointments with counselors at their headquarters in Sacramento. These appointments are available during regular business hours, as well as evenings and Saturdays. If you would like to schedule a telephone appointment, please call CalSTRS at (800) 228-5453.
Contact CalSTRS
California State Teachers Retirement System
P.O. Box 15275\ Sacramento, CA 95851-0275\ (800) 228-5453