• 403(b) Plan Info
  • 457(b) Plan Info
  • Vendors
  • Forms and Documents
  • Investment Reference
  • Calculators
Learn About the 403(b)
What a 403(b) Is and Why It’s Important
How a 403(b) Works
Who is Eligible?
How Much Can be Contributed
What Else I Need to Know Before Starting
Frequently Asked Questions
Employee and Retiree Service Center (ERSC)
Phone: 301-517-8100
Email: ERSC@mcpsmd.org
Plan Administrators
John Kevin
Dodi Lambert
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How Much Can be Contributed

For 2010, participants are permitted to contribute up to $16,500. MCPS recommends that employees limit salary deferrals to no more than 75 percent of income to ensure other pre-tax deductions are taken prior to the 403(b) contribution. Additionally there is an Age 50 Catch provision.

Age 50 Catch-up Provision

Participants age 50 or older at any time during calendar year are eligible to contribute an additional $5,500 to their 403(b), raising their combined contribution amount to $22,000 for 2010.

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403(b) Reference Guide
Vendors
Fidelity Investments
Hendershot Financial
(Lincoln Investments)
ING
Lincoln Financial Group
MetLife Resources
Morgan Stanley Smith Barney
T. Rowe Price
TIAA-CREF
VALIC
Forms and Documents
403(b) Salary Reduction Agreement (PDF)
Please be sure that you have completed a vendor application to establish your account prior to submitting a salary reduction request to MCPS.
Annual Limit Notice
2010 Defined Contribution Calendar
403(b) Calculators
Savings Calculator
Savings Distribution Calculator
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