Resolution No. 2521-403(b) Plan

The internial Revenue Service has changed rules involving individual retirement accounts known as 403(b)'s    There is a substantially increased responsibility on the part of the employer.  The ESD, as a service to school districts reviewed Third Party Administrators and recommended a company who passews all fees through to the vendors of these financial products.  This resolution authorizes Stacy to execute the plan agreement on behalf of the school district.  /ADMINISTRIATIVE RECOMMENDATION/  I move we approve Resolution 2521 as presented.

 

 

Woodland School District #404

Resolution No. 2521

403(b) Plan

BE IT RESOLVED, that the Woodland School District 403(b) Plan set forth in the Plan Agreement, a copy of which is attached hereto, is hereby adopted;

BE IT FURTHER RESOLVED, that the Director of Business is hereby authorized and instructed to execute said Plan Agreement for and on behalf of the organization.

APPROVED         by the Board of Directors of Woodland School District #404, Cowlitz County, Washington on the15th day of December, 2008.

 

ATTEST:

___________________________                  __________________________________

Secretary to the Board                                                  President

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director

 

                                                                        __________________________________

                                                                        Director

 

 

 

 

 

 

 

 

 

Certificate

I, Michael Z. Green, Superintendent and Board Secretary for Woodland School District, do hereby certify that Resolution No. 2521- 403(b) Plan was, upon motion, duly made seconded and unanimously carried and adopted.

 

 

_______________________________

Michael Z. Green, Superintendent

Woodland School District

Attached Files:
NameSizeType
403(b) Plan.pdf 20 application/pdf