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CCC Lincoln County Enrollment Information
ALERT!!
Effective 08/08/2008, no changes will be made to CCC’s legacy
website, now with Internet address www.ncompliancelegacy.com. Henceforth, www.ncompliance.com
goes directly to CCC's new, dynamic, database supported website.
For many months now, CCC has been developing and testing a new, dynamic, database-supported website,
which now resides at www.ncompliance.com, while at the same time maintaining this website, which is
now our legacy website (www.ncompliancelegacy.com). Development of the new website was essential to
allow CCC to provide dedicated sections of its website to more than 50 new clients accumulated since
publication of the Final 403(b) Regulations on July 23, 2007. We chose completion of the Plan Document
System on the new website as the appropriate time to migrate from the legacy website, even though
considerable work remains to be done. Specifically, we will be working with Vendors through the end
of calendar year 2008 to incorporate updated Vendor information into the new website. Moreover, 457(b)
Deferred Compensation Plan (DCP) information remains only on this legacy website, but those CCC clients
for which we are managing their 457(b) Plans may continue to refer to this legacy website until the full
migration has been accomplished.
We are very proud of our new website, especially the Plan Document System and the Content Management
System (CMS), which allows Client Employers and Vendors to manage the content of their own sections of
the website. We hope you share our enthusiasm and will create links form your own websites to your
dedicated sections of the CCC website. Doing so will provide everything your employees need to know
about their 403(b) Program.
1. Determine
The Monthly Amount
The above link provides information on maximum allowable contribution
(MAC) amounts. However, you may be either unwilling or unable to contribute
the maximum allowable amount. You must decide how much you would like
to contribute to the plan each month based on your financial goals and
your budget constraints. Keep in mind that the tax deferred nature of
these contributions means that your net pay is not reduced by the full
amount of your contribution. Final determination of the impact of tax
deferred contributions on net pay depends on your federal and state marginal
tax rates. For additional information, see net
pay impact illustrations. For personalized calculations, paycheck
evaluation software is useful. Online calculators for various purposes
are available on the useful links
page. For a personal MAC calculation or if you have additional questions,
contact us.
2.
Select An Authorized Vendor
You may make monthly contributions to one or more investment companies
on this list of authorized vendors for the District. Your research into
which companies best meet your need may be aided by visits to company
and agent links available at the authorized vendor site.
3. Complete Vendor Application
Your paperwork must be completed with your selected vendor and
you must submit a copy of your application to the Payroll Office.
4.
Sign Salary Reduction Agreement
This link allows you to complete your 403(b) Salary Reduction Agreement
online, print it, sign it, and submit it to the Payroll Office (address
below), along with a copy of documentation that you have established an
account with the vendor. Contributions will begin the month after the
date an authorized District official signs the agreement. Plan and Agreement
Forms for 457(b) participation must be obtained from the 457(b) vendors.
Payroll Office
Lincoln County School District
459 SW Coast Hwy
PO Box 1110
Newport, OR 97365
Phone: 541-265-9211
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