403b /457b Retirement Plans
In addition to the state retirement plan (PSERS), UMASD offers a number of 403b and 457b deferred retirement plan options for ALL employees. Deductions are deferred from your paycheck and invested in an account of your choosing to complement your retirement income.
Plan Features
Everything You’ll Need to Know
The 403(b) plan of Upper Merion Area School District is open and available to all district employees. This plan allows ALL employees to make pre-tax contribution to Tax Shelter Annuities. The maximum amounts that can be contributed to this plan are governed by IRS regulations. A list of Board Approved Providers can be found under Plan Documents (below).
Watch this informative video on Retirement Options and Decisions.
Plan Documents
Non-elective Employer Contribution Agreement
Payment of Retirement Sick Leave
Non-elective Employer Contribution Agreement
Payment of Admin Annual Contribution