Frenchtown Board of Education Regular Meeting Agenda 2026-06-16
Board Updates 403b Plan With Equitable
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Description
The Frenchtown Board of Education will approve a revised Adoption Agreement for its salary reduction 403b plan with Equitable Life Insurance Company, effective January 1, 2026. The update aligns the plan with IRS Secure 2.0 elective provisions.
Contract Details
Vendor
EQUITABLE LIFE INSURANCE COMPANY
Agency
Frenchtown Borough School District, NJ
Contract Type
FINANCIAL_SERVICES
Document Date
June 16, 2026
Contract Term
Effective January 1, 2026 (ongoing plan document)
Renewal Info
Revised adoption agreement for an existing 403b plan, effective January 1, 2026; remains in effect until further amended or replaced.
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