FINANCIAL_SERVICESAPPROVED

Matawan-Aberdeen Regional School District AgendaPacket Committee of the Whole Meeting 2026-05-11

AIG Valic Approved as 403(b)/457(b) Vendor

Matawan-Aberdeen Regional School DistrictAIG VALICMay 11, 2026

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Description

The Board designated AIG Valic as an approved 403(b) and 457(b) tax-sheltered annuity provider for district employees for the 2026-2027 school year. This approval enables staff to participate in retirement savings plans through salary reduction agreements.

Contract Details

Vendor

AIG VALIC

Agency

Matawan-Aberdeen Regional School District, NJ

Contract Type

FINANCIAL_SERVICES

Document Date

May 11, 2026

Contract Term

2026-2027 school year

Renewal Date

2027-06-30

Renewal Info

Annual designation as an approved tax-sheltered annuity vendor for 2026-2027; subject to renewal in subsequent years by Board action.

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Issuing Agency

Matawan-Aberdeen Regional School District

School

Aberdeen, NJ

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Vendor