BVSD offers 401(k), 403(b), and 457(b) voluntary tax-deferred savings plans to which you can contribute through payroll deductions.  Contributions made to any of these plans will reduce your taxable income for the calendar year that the deduction is made.

Each of these plans works in a similar way: money is deducted from your paycheck on a pre-tax basis, and invested by the plan providers into investments of your choice.  Federal and state taxes on these contributions and any investments income are deferred until distribution.

A calendar-year contribution limit applies to these plans - in 2011, the maximum contribution is $16,500 for employees under age 50, and $22,000 for employees age 50 and over.  You may contribute up to the maximum amount to 401(k) and/or 403(b) plans combined, and also contribute up to the maximum amount to the 457(b) plan.

Please read each plan's information before investing.  This information is not intended as investment advice.  BVSD recommends that you consult a professional advisor for investment advice.

The plans listed below are voluntary, and contributions to these plans are separate from the required 8% PERA retirement contribution.

Salary Reduction Agreement  -  Start, change, or stop a contribution to your 401k or 403b plans

BVSD Authorized 403b Plan Vendors

BVSD 403b Product Summary

BVSD Performance

AXA - EQUI-VEST Information

 

AXA - EQUI-VEST Strategies Investment Options

 

AXA - Expense Ratios EQUI-VEST

 

Great West 403b Performance-Expenses

 

Great-West 457 Features

 

Great West 457 Performance-Expenses

Great West 457 Enrollment Information

MetLife Brochure

 

MetLife Prospectus 

 

PERA 401k Fees

PERA 401k Information and Enrollment Kit

    PERA 401(k)

 

Security Benefit Advisor Mutual Funds Summary

 

Security Benefit Advisor Performance

 

Security Benefit Advisor Program Summary 

Valic Fund Expenses

 

Valic 403(b) Information 

 

Valic Portfolio Director Prospectus 

 

Valic Portfolio Director Annuity

 

Are you aware that federal tax law offers certain retirement plan participants a tax credit to help save for tomorrow by reducing your taxes today?  Tax credits are designed to directly reduce the amount of federal income tax you have to pay each year.  With less money owed to the federal government, there may be room to start saving for retirement in your Boulder Valley School District 457 or 403(b) Retirement Plan or increase your current savings efforts.  If you're lucky enough to be receiving a tax refund, you'll then have to decide what to do with the extra income.  If you're looking for good ideas, consider investing in your Boulder Valley School District 457 or 403(b) Retirement Plan.  Making consistent contributions to your Plan offers the benefit of tax-deferred compounding.  Investing in your Plan could help you earn money tax-deferred for your retirement.  And best of all, by contributing to your Plan, you lower your taxable income, still giving you a chance for that refund and a tax credit.  If you would like to learn more or get started, please contact your financial advisor.

2011 Tax Credit

Todd Dunning of Great-West Retirement Services provided this information. Todd can be contacted at 720-231-1513 to schedule an individual appointment. Great-West Retirement Services manages the Great-West 457 and the Great-West 403b for BVSD.