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Frequently Asked Questions
Retirement Plans
401(a)Money Purchase Pension Plan funded entirely by AURA.
- 10% of employee's base salary is contributed bi-weekly.
- 100% immediate vesting.
403(b) Tax Sheltered Account funded by employee contributions.
- Employees can contribute up to 100% of their salary or $16,500 in 2009.
- Employees over age 50 can contribute an additional $5,500 as a "catch-up"
provision.
AURA Retirement Plan Comparison
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