Banner Health's 403(b) Plan offers eligible employees the opportunity to set aside money in a pre-tax retirement plan without a waiting period.
Contributions can be directed to the regular 403(b) using pre-tax dollars, the Roth 403(b) using after-tax dollar or a combination of both but not to exceed the IRS annual limits. Please refer to the Banner Retirement Plans Information for further details.
Roll Over to a 401(k)
According to IRS regulations, in order to do a rollover, a distributable event must take place. The IRS defines a distributable event as termination from employment, reaching age 59 ½, disability or death.
Summary Plan Description
Detailed information on this benefit such as eligibility, plan coverage, limitations and contact information can be found in the Summary Plan Description (SPD).