Voluntary Deductions
Flexible Spending Accounts
A Flexible Spending Account is an account you put money into that you use to pay for certain out-of-pocket health care costs. You don't pay taxes on this money. This means you'll save an amount equal to the taxes you would have paid on the money you set aside.
Your benefit program includes a Section 125 Plan, which not only allows you to pre-tax premiums for qualified benefits, it also allows you to enjoy a tax-saving way to pay for eligible medical or dependent day care expenses with a reimbursement account that deducts pre-tax dollars from your paycheck. Simply choose the amount to be deducted, and the funds are set aside to be used for eligible expenses throughout the year. You can choose from several types of plans.
Tax Sheltered Annuities (TSA)
Schools First Credit Union is the district's Third Party Administrator that provides assistance with compliance and retirement plan education. If you want to setup a supplemental retirement plan for any of the following plan types, contact Schools First.
Schools First Credit Union is the district's Third Party Administrator that provides assistance with compliance and retirement plan education. If you want to setup a supplemental retirement plan for any of the following plan types, contact Schools First.
- 403(b)
- Roth 403(b)
- 457
These plans are available to Certificated and Classified staff of the district. Please review attached approved vendor List.
Additional Voluntary Insurance
MetLife offers the following services for eligible employees of Lynwood Unified School District
- Home Insurance
- Auto Insurance
- Pet Insurance
Aflac is available for eligible employees.
Colonial Life offers additional insurance programs