IRS rules that were to be effective 1/1/09 significantly changed the 403(b) world because they included a requirement for districts allowing 403(b) products for their employees’ use to serve as “plan sponsors” like 401k plans in the private sector, which inherently puts a greater fiduciary responsibility on the district offering the plan. Since there are [...]
Growing a 403b program that benefits all…..
Posted by admin on February 19, 2010
http://schoolbiztoday.com/?p=16
Service Center Finances, just how does it work!
One of the questions I get most often is how are Services Centers funded. ESC (Educational Services Centers) are self funded. We are truly like any business we have to generate revenue and watch expenses to survive. We receive no direct money from the State. other than the occasional grant. The term Interlocal is used [...]
Posted by admin on February 16, 2010
http://schoolbiztoday.com/?p=7