Save for Your Future with the Tax-Sheltered Annuity Program
July 9, 2015
Think of the things you plan for - a vacation, new vehicle, your home. Have you planned for your future retirement? Take advantage of an opportunity to supplement your retirement savings by participating in the UW Tax-Sheltered Annuity 403(b) Program. It’s easy with an automatic payroll deduction, and it feels good to save!
There are many benefits of participating in the UW Tax-Sheltered Annuity (TSA) program:
If eligible, you may enroll in this voluntary program at any time. All University of Wisconsin permanent, project and limited-term employees (LTEs), rehired annuitants, student hourly employees, and graduate assistants (with the exception of some employees-in-training, fellows, and interns) are eligible to participate.
You make the entire contribution; there is no employer match. Investment options include a wide array of mutual funds and fixed and variable annuities managed by five authorized investment companies. For a description of investment companies and how to enroll, see the Quick Guide to the UW TSA Program.
To find out more about the program, take a look at the TSA Q&A, which provides answers to frequently asked questions.
Source: UW System Administration
Categories: Tax