A 403b contract is the non-profit sector equivalent of the 401k, a tax shelter. Though the district does not contribute money, a teacher can contribute a significant portion of her pre-tax salary income to her 403b. The contract allows members to set up 403-b contracts with any reputable provider. Two CPA firms are currently arranging a standard, reasonable fee for PAEA members who need the tax practitioner document in order to contract with an unlisted 403b provider. This arrangement will be detailed in a future Buzzzz.
Sites have great flexibility in spending certain funds.
Sites have a legal obligation to review safety plans and monitor program effectiveness. Serving on an SSC is a fabulous way to earn salary advancement credit or a nice stipend. Not only are the meetings easy to find, they can be stimulating and rewarding. Categorical funds are always in jeopardy when the funded program is out of compliance with ed. Because PAEA wants to see the funds wind up in the classroom, it is beginning to systematically monitor the many SSC's for compliance.