Retirement
One of the best ways to ensure a secure retirement is to start saving as early as possible. Our 403(b) savings plan allows you to save for retirement on a pretax basis. You can begin contributing to the plan at any time once you become eligible and start making contributions to your account through convenient payroll deductions.
The San Fransisco Symphony offers a 403(b) through Newport Group. The 403(b) plan allows you to save for retirement and enjoy significant tax advantages. You can contact Newport Group any time by logging in to newportgroup.com for more information about the plan, your account balance, making contributions, changing investment elections, initiating a rollover or requesting a loan or withdrawal.
In-Network Benefit Highlights
Deductible (Individual/Family)
$XX/$XX
Out-of-Pocket Max (Individual/Family)
$XX/$XX
Preventive Care
$XX
Primary Care Visit
$XX
Specialist Visit
$XX
Urgent Care
$XX
Emergency Room
$XX
Who is Eligible for the 403(b)?
All US-based employees over the age of 18 are eligible to participate in the company’s retirement savings plan.
How Do I Enroll in the 403(b)?
You can enroll in the retirement savings plan by visiting newportgroup.com and registering with your personal information. Once registered, you’ll be able to select your contribution percentage.
Increase Your Retirement Savings with a 403(b)
- The San Fransisco Symphony will match your contribution at 50% for each dollar you contribute to the plan, up to the first 6% after two years of employment.
- Contribute using convenient payroll deductions up to the IRS limit of $23,500 per year.
- Change the amount of your contributions or stop your payroll contributions at any time.
- Decide how to invest your 403(b) or allow the plan to choose for you.
- The 403(b) contribution limit for employees age 50 or older is $31,000 in 2025.