A TSA 403(b) retirement savings account plan is a tax-deferred retirement program that allows employees to reduce their compensation on a pre-tax basis and have the contribution deposited into a 403(b) retirement investment account. If you choose to participate, contributions are deducted from your paycheck each pay period until you reach the maximum annual contribution as defined by the IRS* or until you initiate a change or stop order with us.
*The IRS establishes limits on the annual contributions you can make to a 403(b) plan. If you are age 50 or older, you are also permitted to make additional “catch up” contributions. Information on this year’s annual IRS limits can be obtained online or from your investment provider.