Supplemental Retirement Plans
All University of Arizona employees are eligible to participate in these
Supplemental Retirement plans. Starting a new contribution is as easy as opening
an account with your selected TSA and/or Deferred Compensation investment company,
and completing the University of Arizona Salary Reduction Agreement (SRA) form.
Changes to the contribution amount may be made at any time by submitting a
revised SRA form to Human Resources. When calculating your annual contribution
amount, remember that voluntary deductions, such as these, are only deducted from
the first two paychecks of each month.
Tax Sheltered Annuity (TSA)
IRS Tax Code: 403(b)
Offers certain non-profit employee groups the opportunity to defer tax on a portion of earnings, by purchasing traditional annuity or mutual fund products through the University's approved vendors.
Deferred Compensation Plan
Contact Jeff Fox at (520) 770-1076 ext. 1155, or toll-free at 800-545-4730
IRS Tax Code: 457
State of Arizona plan administered by Nationwide, allows public employees (only) to defer a pre-tax portion of earnings into a supplemental retirement account.
Both programs are offered through payroll deduction.
Comparison of Voluntary Retirement Plans
Approved TSA Companies (MS Word)
Benefits Processing Schedule
TSA Brochure (PDF)
Salary Reduction Agreement form (for TSA program) (MS Word), (PDF)
TSA Participant Plan Information (PPI) (HTML)
Tax Sheltered Annuity Plan (PDF)
Maximum Deferral Amount (MDA) Limits
| |
2007 |
2008 |
| Annual Maximum Deferral Amount (MDA) |
$15,500 |
$15,500 |
| Annual Maximum Deferral Amount (MDA) for participants Age 50 and older in plan year |
$20,500 |
$20,500 |
|
