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Reliant's -43B Plan includes employer discretionary contributions for our Class 2 - Fixed term employees. Employer contributions are paid to Principal directly out of the MTD account. These contributions are not an a match and do not require that the employee contribute funds from their paychecks in order to receive the employer contribution. Employer contribution amounts are determined by the employee's program leadership and are included in the employee's fundraising goal.  

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Please reach out to your program team  team for assistance in makeing making a change to the Employer Contribution.

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What is the advantage of electing an Employer Contributions vs. personal saving in an IRA?
The advantage of a 403(b)(9) plan versus personal investing or saving is the employer contributiondoes contribution does not get taxed (until you retire and withdraw it). So, the Employer Contribution enables you to save extra money (on top of any money you save through other methods) towards your retirement.

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