Investment Program - Sponsored Hires

The school has a flexible investment program for employees to save for retirement or other long-term financial needs. ACS offers up to 5% in an investment plan if matched by the employee and is automatically deposited in the school-sponsored account. This is not an IRA and there are penalties if withdrawn before the timeline is established. For US citizens, any interest, dividends, and/or capital gains earned from this account are taxable and must be reported to the IRS on your tax returns. 

Additionally, all staff receives an annual retirement benefit of 4% of that year's base salary, paid on the last day of each school year with a June - July paycheck and also deposited in the school-sponsored retirement plan. The account is portable and investments are based on the specific needs of each participant.

Currently, the ACS investment plan is with LPL Financial. Staff are required to establish an account to earn this benefit.