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403(b), 401(k), 457, Roth IRA & Traditional IRA Notice to Employees

As an employee of Jordan School District (JSD), you are entitled to take advantage of federal law which allows employees to improve their retirement benefits by voluntarily participating in their own Tax Sheltered Annuity (TSA) program. With a TSA, you can set aside a certain amount of tax-deferred money each month toward your retirement.

Utah Retirement Systems (URS)
All employees are able to contribute into a retirement savings plan. If you are a contracted employee, a portion of your state retirement plan with the Utah Retirement Systems (URS) is in the form of a percentage contribution paid by the District into a 401(k) account. Also, all employees can increase their retirement benefit by contributing funds into a URS 401(k) account, a URS 457 plan, as well as a post-tax Roth or Traditional IRA. As an employee of JSD, these services are provided free of charge. URS does not endorse any outside financial advisors. Please beware of any financial advisor claiming to be affiliated with URS, or attempting to provide detailed information about URS. Information and forms regarding the 401(k), 457, Roth and Traditional IRA savings plans are available at www.urs.org.

403(b) Plan
You also have the option to begin a 403(b) plan with one of the various companies offering TSA programs. You may visit JSD’s third party administrator, National Benefit Services (nbs), website at nbsbenefits.com/403b for additional information.

Jordan School District does not endorse nor guarantee the performance of any TSA plan or company. Your participation is strictly voluntary and at your own risk.

We understand employees have been receiving emails, phone calls, and even personal visits to schools from individuals claiming to be associated with JSD or URS. As a reminder, vendors are not to solicit business from individuals during contract time. Furthermore, we strongly encourage employees to contact URS with their questions about URS benefits. The safety and security of our employees and their sensitive information is a paramount concern for Jordan School District (JSD). With an uptick in scams, please remember to be on the lookout and take extra precautions before responding to requests for information.