Beginning March 20, 2024, Austin Community College’s new online resource for retirement information and planning will be supported by our new partner, US Omni and TSACG Compliance Services. Using this new online tool, employees may start, stop, and make changes to their 403(b) tax-sheltered annuity, Optional Retirement Program (ORP), and 457 deferred compensation retirement accounts by completing a Salary Reduction Agreement (SRA). What is a SRA? A salary reduction agreement is an agreement between an employer and employee in which an employee agrees to a reduction in salary. By completing a SRA, employees agree to reduce their salary by a designated amount and remit these funds to an approved ACC retirement plan vendor. All ACC employees have access to this valuable online tool.
Key Benefits and Features:
- Simplified Process: Say goodbye to paperwork and delays! You can now make changes online without submitting any paperwork to HR Benefits.
- Convenient Access: Visit https://sra.tsacg.com to access the online system anytime, anywhere.
- Flexibility: Manage your 403(b), 457(b), or ORP retirement plans at your convenience, 24/7.
- Instant Confirmation: Receive immediate online confirmation for your requests.
- Simplified Distribution Process: All plan distribution documents requiring Plan Administrator approval will be routed directly to TSACG Compliance Services.
- Support: Authorized Investment Provider Agents/Representatives are available to assist you. Find the list of authorized Investment Providers at www.tsacg.com or 1.888.796.3786 Option 5.
CLICK HERE for detailed instructions on navigating the new system.
Plan Document Approval Tool
US Omni and TSA Compliance Services offer a web-based system that allows participants and advisors to gain immediate approval certification for eligible distributions.
CLICK HERE for detailed information on this service.
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