Bloomington Public Schools - District #271

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403(B)s or Tax-Sheltered Annuities

The District 403(B) Plan, also known as tax-sheltered annuities (TSA), is self-administered.

  • 403B Wage Deferral Authorization Form (use for new enrollment or change of deduction - includes list of authorized vendors)
  • Questions on 403(B) accounts should be directed to Payroll at 952 681-6479.

Plan Documents

Vendor Letters

Minnesota Deferred Compensation Plan (MNDCPLAN) - 457 Accounts

  • Customer Service: 651-296-2761 or 1-800-657-5757
  • MNDCPLAN website
  • Additional retirement accounts, called 457s, are available through the Minnesota State Retirement System (MSRS).
  • Deposits are subject to FICA and Medicare withholdings, but are tax-deferred for Federal and State taxes.
  • Go to the MSRS Deferred Compensation website for information and forms to set up your account. Then contact Payroll to start your withholdings.

HR Communicates Archives: 403(b) Information