CARES Act 2020 Information

  • Do you need to take a loan or hardship due to COVID-19?  

    Here are the steps you need to take:

    1. Contact your financial advisor or company and request loan/hardship documents
    2. Complete the documents and send to TCG services for the TPA (Authorization) signature along with the coversheet for the 403(b) or 457
      1. TCG will send the complete forms back to your company for processing
      2. 403(b) Coversheet or 457 Coversheet

    3. Funds will be sent directly to you

    For more information concerning the CARES Act, please visit https://www.aliefisd.net/Page/13996 or emails us at riskmgnt@aliefisd.net

     

    TCG Services
    900 S Capital of Texas Hwy #350
    Austin, TX 78746
    Phone: (512) 600-5221 / 800-943-9179
    Fax: (888) 989-9247

    https://tcgservices.com/covid19/

     

    403(b) Coversheet

    457 Coversheet


IRS Announces 19/20 Contribution/Benefits Limits

If you are having trouble viewing the document, you may download the document.

403(b) Retirement Savings Plans

  • 403(b)

    Effective September 1, 2019, TCG will no longer certify 403(b) companies nor will TCG maintain a list of registered 403(b) investment products. This change is pursuant to legislation that was adopted by the Texas Legislature in May 2019. Read the text of House Bill 2820

    • Individual retirement plan
    • Contributions are tax deferred
    • Earnings grow tax deferred
    • 10% IRS penalty if withdrawn prior to age 59½
    • Multiple investment options – limited by TRS in Texas (see list at www.tcgservices.com)
    • Investment choices vary depending on the company you elect
    • Loan/Hardship Withdrawals allowed depending on provider- contact your investment provider for information and documents
    • Certified Vendors for 403b plans

     

    For information on 403b, Roth 403b and 457 FICA accounts: www.tcgservices.com

     

    Start/Stop/Make Changes to your 403b or Roth 403b accounts:

    ·         https://retirement.tcgservices.com/

    ·         New participants (clicking new user on the left corner): 403b password: alief403b; Roth 403b password: aisd403R

    ·         Existing users: log in using the user ID and password you used to create the account.

    ·         Please call TCG Services 1-800-943-9179 for additional assistance

    **This site only makes contribution increases/reductions

     

    For loan/hardship withdrawals: contact your investment provider for documents.  Documents from investment provider must be sent to TCG for processing along with their distribution form.  TCG is our 3rd Party Administrator for 403b products. 



457 Retirement Savings Plans

    • Employee deferred plan
    • Contributions are tax deferred
    • Earnings grow tax deferred
    • No IRS penalty for withdrawals at separation from service from employer, regardless of age
    • Fixed and variable sub-accounts, and mutual funds
    • Loan/Unforeseeable Emergency Withdrawals allowed depending on provider- contact your investment provider for information and documents
    • Approved vendors- National Life Group, Pentegra, VALIC, VOYA

     

    Start/Stop/Make Changes to your 457 account:

    ·        www.myretirementmanager.com

    ·         New participants: click “I’m a New User” to create your profile.

    ·         Existing users: log in using the user ID and password you used to create the account.

    ·         Please call ext. 29146 for additional assistance.

     

    For Loan/Unforeseeable Emergency withdrawals: contact your investment provider for documents.  Documents from investment provider must be sent to TCG for processing along with their distribution form.  TCG is our 3rd Party Administrator for 457 products (effective August 1, 2016).

Financial Vendor Information





Contact Us

  • Samenta "Sam" Willis

    Work Phone: (281) 498-8110 ext. 29146 (Tuesdays & Thursdays)

    Call/Text: (346) 291-4339 

    Fax:  (832) 678-2446

    e-mailsamenta.willis@aliefisd.net 

     

457 Vendors