Tax Shelter Annuities (Policy 2.220)

Authority: F.S. 1001.64; Internal Revenue Service Code 403(b); 457(b)
Date Adopted: 6/92; Rev. 12/02, 12/04, 05/09; 09/2013
Date of Review: 05/09; 08/11; 08/2013


The Board of Trustees will facilitate the purchase of tax-sheltered annuities by entering into salary reduction agreements with full-time and regular part-time employees, as permitted by Sections 403(b) and 457(b) of the Internal Revenue Code, and remitting appropriate amounts to the providers (companies) of the tax-sheltered plans as designated by the employees.

Want more info? Contact us.

Seminole State College
100 Weldon Boulevard
Sanford, Florida 32773-6199

Seminole State General Contact Information