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Tax-Sheltered Annuities

Tax-Sheltered Annuities

This agreement must be signed by the employee and received in the district payroll-personnel office no less than four weeks before the pay date for which it is to take effect. This agreement is not effective until district approved. Please read this agreement carefully. It is recommended that the employee review IRS Publication 571 “Tax Annuity Programs for Employees of Public Schools and Certain Tax-Exempt Organizations” BEFORE completing the certification and worksheets below.

 

Salary Reduction Agreement/Tax-Sheltered Annuities