PNWU Retirement

All employees are eligible to participate in the 403b tax deferred retirement account. Employees can contribute, up to the annual IRS maximum, pretax wages as a percentage or dollar amount. Employees own all of the funds in this account immediately.

Employees direct their own investment options. Participants can access their account at www.americanfunds.com. Log in with your account number found on your statement. The default pin should be the last four digits of your social security number. You will then be prompted to at least change the pin number to a permanent one. For assistance call 1-800-421-0180.

In addition to the 403b account, employees who work 1,000 hours or more a year and have at least six months of continuous service are eligible for up to five percent of base pay deposited into a tax deferred account on an annual basis up to the IRS maximum. This account has a vesting schedule. You must have worked the entire month to have that month count towards the service requirement. Employees direct their own investment options.

Participants can access their account at www.americanfunds.com/retire. Log in with your social security number, and the last four digits of your social security number is the default pin number. You will then be prompted to set up a permanent user name and password. The phone number is 1-800-421-6019.

PNWU has contracted with local broker BBM Financial Services, and they are available to give you investment advice, explain the plan, or assist you with any paperwork. Please call them at 509-248-7930.