SchoolsFirst Federal Credit Union is proud to be the Third Party Administrator for many school districts in the Southern California area.
We have been selected by these school districts to act on their behalf as the administrator of their supplemental retirement plans – 403(b)/Tax Sheltered Account and 457(b)/ Deferred Compensation Plan. On behalf of your district, we provide investment guidance, retirement education and plan compliance services.
As a Third Party Administrator, it is our duty to ensure that all transactions – contributions, loans, distributions, exchanges, transfers or hardships – meet the guidelines set forth by the Internal Revenue Service (IRS). To assist you, SchoolsFirst FCU has developed working relationships and industry expertise, enabling our team to support you in reaching your retirement goals.