Enrollment & Contributions

 ACC and GTM members in good standing are eligible to enroll in the ACC Retirement Plan. Rabbis ordained from HUC-JIR may be eligible through the CCAR (via the GTM) only if they no longer meet RPB's eligibility requirements.

ACC and GTM Members can enroll in the Retirement Plan at any time. There is no waiting period, minimum contribution or weekly working requirement. Online self-enrollment and beneficiary designations are required. 

1. Read the General Information page to learn the basics of the ACC plan. Next, read the Fidelity Enrollment Guide.
2. Sign-up for an ACC 403(b)9 Retirement Plan account with Fidelity by following the instructions on page #1 in the Enrollment Guide.
3. Once you have created a Retirement Plan account, alert the Retirement Plan Administrator. If you are new to the ACC Retirement Plan, make sure to include this in your email, as there is a two-year administrative fee holiday for all new Retirement Plan participants.
4. Work with your employer to complete the Contribution Calculation Form, sign it, then return it to the ACC Office.

Refer to the plan documents and summary plan descriptions for all employer responsibilities. The primary responsibilities are assisting in enrolling new hires, determining the correct amount to contribute - both employer and elective salary deferral contributions, ensuring the IRS Annual Limits are not exceeded (see limits below), and contributing within the legal timeframe - the calendar year for employer contributions and by the 15th of the month following withholding from a paycheck for salary deferrals. 

1. Check that your cantor/soloist is a member of the ACC or GTM (see eligibility section above).
2. Ask your cantor if they have an ACC Retirement account. If they need to create an account, see the ACC/GTM Member Enrollment Instruction above. If they have an existing account, email the ACC Retirement Administrator the name of your new hire and the employer's full name. 
3. Complete an ACC Participating Employer Adoption Agreement and return it to the Retirement and Group Benefits Administrator. 
4. Sign up for Fidelity's Simplified Contribution Platform (SCP - pronounced skip), contact the Retirement and Group Benefits Administrator to receive your division code. 
5. Work with your cantor/soloist to complete the Contribution Calculation Form and return it to the ACC Office.

Fidelity's Simplified Contribution Platform (SCP) makes contributing easy. We are excited to offer you access to a secure and easy way to submit your plan contributions to Fidelity. 

New to SCP? Adding a new staff person to make contributions? Be sure you sign up for the system so you can make contributions as soon as you are invited. Once you have set up your SCP account, you are required to add a funding source (a bank account) so contributions can be completed. The Fidelity system will take up to 10 business days to verify your bank account, so it is important to complete the process as soon as possible. Additionally, if you are changing a bank account, keep in mind that the same 10-day confirmation period applies. 

It is generally the executive director, bookkeeper or accountant, or finance director. Often the same person who does payroll submits retirement plan contributions.

      You can request to be a SCP user by:

1. Selecting  'New User' below the login fields.
2. Filling in and submitting the form - plan number is 71280, contact the Retirement and Group Benefits Administrator for the division code (or leave it blank).
3. A request will be sent to the ACC office. Once Approved you will receive two next steps emails, one from Fidelity and one from the Retirement and Groups Benefits Administrator.
4. Once you have logged in to SCP successfully and updated your password, add a funding method right away as it takes Fidelity 10 business days to verify each new bank account added before it is available for use. The funding method will be available on the 11th day. 
5. After the bank account is verified, enjoy the simple contribution process!

All contributions are made electronically through the Simplified Contribution Platform (SCP). Once you have a SCP account, have added a funding method and it has verified, you can make a contribution. There is a SCP user manual located on the landing page of the website at the top right under 'Resources'. 

SCP is the required method for making all contributions to the ACC Retirement Plan. Here are some tips and best practices:

• Be sure to double check your funding source once a year. Remember, if you add a source (bank account), the Fidelity system takes up to 10 business days to confirm the accuracy to make the account available. 
• While SCP has a "repeat contribution" function, it is highly recommended that whomever is entering contributions use the current payroll report to confirm any additions or changes to staff salary deferrals. The ACC plan allows deferrals to begin or change at any payroll interval and it is the responsibility of the employer to insure the contributions--particularly salary deferrals--are correct. 
• Salary deferrals should be contributed to a participant's retirement plan within three days of each payroll. They can't be pre-paid and should not be held longer than necessary to facilitate contributions being made. 
• If you notice a mistake, please contact the ACC office immediately. 

Section 415 of the Internal Revenue Code provides for dollar limitations on benefits and contributions under qualified retirement plans. Section 415(d) requires that the Secretary of the Treasury annually adjust these limits for cost‑of‑living increases. Other limitations applicable to deferred compensation plans are also affected by these adjustments under Section 415. Under Section 415(d), the adjustments are to be made pursuant to adjustment procedures which are similar to those used to adjust benefit amounts under Section 215(i)(2)(A) of the Social Security Act.

Should you choose to exceed the limits the excess should be deposited into your non-qualified Supplemental Plan account by your employer.

Retirement Plan Limits 2023

Under 50 years of age:

Elective Deferral or Salary Deferral Contributions $22,500 or 100% of the participant's taxable compensation*, whichever is less.

Annual Maximum Employer Contribution $66,000, may include up to $22,500 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

Those aged 50 years of age and older:

Additional Catch-up Contribution $7,500 in addition to the basic limit on salary deferrals for a $30,000 total limit to salary deferral contributions or 100% of the participant's taxable compensation*, whichever is less.                  

Annual Maximum Employer Contribution $73,500, may include up to $30,000 of individual salary deferral contributions, or 100% of the participant's compensation, whichever is less.

*Taxable compensation excludes parsonage allowance.

Fidelity Investments' SCP Help Desk is eager to assist you in the use of the Fidelity SCP system, every step of the way. Once your login has been established by following the above instructions, please contact Fidelity with any training, support, or technical issues. Unlimited training and support is available to employers at no charge; Fidelity's exceptional services are included as a benefit of our Plan.