How the Plan Works

The Supplemental Retirement and Savings Plan offers you the opportunity to set aside additional money for your retirement in the following ways:

Before-tax Contributions - You pay no federal or state income tax on the before tax money you put into the Plan until you receive it. In addition the investment earnings on all contributions accumulate tax free until withdrawal.

Roth 403(b) Contributions - You pay federal and state income tax on the after tax money you put into the Plan. The investment earnings accumulate tax free and are paid to you tax free at the time you receive it as long as the withdrawal is qualified.