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RAMS 457(b)
RETIREMENT SAVINGS PLAN
- Plan Administrator: JEM Resource Partners
- Phone: (800) 943-9179
- Fax: (888) 989-9247
- Address: 900 S. Caplital of Texas Ste 350
- Austin, TX 78746
- Email: info@jemtpa.com
- Website: www.Region10Rams.org
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What is the Region 10 457(b)?
The 457(b) is similar to a corporate 401(k). It provides you a vehicle to tax-defer money for your retirement. In the past educators have largely been limited to 403(b) investments which were expensive and had limited investment options. Region 10 Education Service Center cooperating with districts like WISD developed the RAMS 457(b) to provide an alternative. From the beginning RAMS 457(b) ha s provided low-cost access to a pre-screened list of high quality mutual funds. Additionally, at the direction of the Investment Advisory Committee, the plan’s investment advisor has created six professionally managed portfolios with predetermined risk profiles. The 457 mutual funds and the managed portfolios are selected from a field of more than 30,000 options. These investments are reviewed quarterly by the committee and all aspects of the plan are monitored constantly by Region 10 staff.
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