Investment Opportunities

  • Bossier Parish School Board offers our eligible employees the opportunity to save for retirement by participating in the 403(b) Plan. You can participate in this plan by making pre-tax contributions. The Plan may permit you to reduce your compensation by electing to contribute a dollar amount to the 403(b) Plan on a pre-tax basis.

    To start your contributions to the 403(b) Plan, meet with a registered representative who has previously been approved by the school board to enroll and complete a salary deduction agreement.

    If you are already currently contributing to the 403(b) Plan, you may be able to increase your pre-tax contributions. To change your contributions, complete and return a salary reduction agreement with your registered representative. Of course, you can keep your contributions at their current level. In the alternative, if your current financial situation means that you need to lower your savings for retirement, you can change your contribution rate by completing and returning a salary reduction agreement with your registered representative, as described above.

    According to IRS guidelines the maximum contribution for 2023 is $22,500. The IRS may adjust this amount annually.

     

Approved 403(b) Representatives

Approved 403(b) Representatives

FAQ

  • This website is not intended as tax or legal advice. Neither your employer nor the investment provider offering retirement saving products under the plan can provide you with tax or legal advice. Employees are encouraged to contact their financial representative or tax professional with any questions.