Gilbert Public Schools employees* are eligible to participate in 403(b), Roth 403(b) and 457(b) retirement plans immediately upon employment.
Participants in a tax-sheltered 403(b) may:
o Reduce taxable income through pre-tax contributions,
o Enjoy tax-deferred earnings on plan contributions. If the contributions are made to a Roth 403(b) account,
o Pay less on distributions as distributions usually occur during retirement when an employee may be in a lower tax bracket,
o Have the ability to take loans from the 403(b) account.
For more information about 403(b) plans and the tax implications, visit:
For additional information about setting up a qualified 403(b) plan, visit our Plan Administrator:
Once there, please select:
“Plan Sponsor Page”
Select
“Arizona”
Scroll down to
“Gilbert Public Schools”
For a complete list of approved 403(b) and 457 providers, please click:
Approved Providers for 403(b) and 457 Plans