Action Item:  Approval of 403B Plan Presenter: Casey Nichols Description: We currently offer 403(b) Retirement Plans as an added benefit to our employees. The 403(b) Retirement Plan acts very similar to a 401(k) Plan and provides several benefits, including: - Contributions to the plan are held in a governmental retirement account with tax benefits. - Money may be accessed for various reasons. - C

Staff Report & Agenda Item Details

9. Action Item:  Approval of 403B Plan Presenter: Casey Nichols Description: We currently offer 403(b) Retirement Plans as an added benefit to our employees. The 403(b) Retirement Plan acts very similar to a 401(k) Plan and provides several benefits, including: - Contributions to the plan are held in a governmental retirement account with tax benefits. - Money may be accessed for various reasons. - Contribution limits are much higher than the limits in IRAs. More information on 403(b) Plans, including a list of Approved Vendors can be found here: http://www.nbsbenefits.com/non-erisa-403b-forms/ .

This motion is scored as RESTRAINS_GOVERNMENT (Impact Weight: 2.8/10). Under the Bastiat Liberty Watchdog Index, voting YES on measures that cap or reduce ad valorem tax burdens, expand taxpayer exemptions, retire debt early, enforce competitive bidding caps, or remove regulatory/zoning barriers to private property rights earns a positive Pro-Liberty score.