403(b) Retirement Savings Plan

Eligibility and Enrollment Information for the 403(b) Plan

403(b) Tax-Deferred Retirement Savings Plan

FCPS provides a 403(b) Tax-Deferred Retirement Savings Plan which lets employees set aside voluntary pre-tax dollars through convenient payroll deductions to save for retirement. All employees of FCPS are eligible to enroll in the Plan on their date of hire or any subsequent date during employment with FCPS. Even if you are already saving under the 457(b) Deferred Compensation Plan, you may also save under a 403(b) Tax-Deferred Retirement Savings Plan.

Enrollment is easy! Empower and CoreBridge are the approved 403(b) plan providers.

  • To enroll with Empower:
    • You will need the group ID/plan number and plan enrollment code available here.
    • From the Empower website, select "About your plan". From there, select "Enroll now" and then "Register". 
    • Select "I have a Plan Enrollment Code" and follow the prompts using the information provided. 
    • The website will guide you through the enrollment process. 
    • You may also contact your local EMPOWER representative to obtain this information and assist with your enrollment. See the Approved 403(b)/457(b) Providers Contact list.
  • To enroll with Corebridge:

Other key aspects of the 403(b) plan:

  • You contribute a percentage of your pay - ensuring that as your salary increases, your savings rate keeps pace.
  • Enroll in a plan and/or change your contribution percentage by the 20th of the month to ensure that your changes are effective on the 1st of the following month. Enrollment and/or changes made on or after the 21st of the month will be effective on the 1st of the second month that follows.
  • You can move money from one investment to another
  • Each 403(b) provider has an administrative fee per participant associated with their plan. The maximum quarterly account fees are as follows: EMPOWER - $14.75 and CoreBridge Financial - $11.25.


Universal Availability Notice

Review the 403(b) Universal Availability Notice.


403(b) Plan Documents