Plan Summary

The UW Tax-Sheltered Annuity (TSA) 403(b) Program is a supplemental retirement savings program authorized by section 403(b) of the Internal Revenue Code. Through the TSA Program you can invest a portion of your income for retirement on either a pre-tax basis, an after-tax basis (Roth), or a combination of both. Participation in the UW TSA Plan is voluntary. You make the entire contribution; there is no employer match.

UW TSA 403(b) Program investment options include a wide array of mutual funds and fixed and variable annuities managed by five investment companies:

See the Quick Guide for company information, including contact information and website links.

The TSA program is administered by the UW System Office of Human Resources and Workforce Diversity.  The TSA Review Committee provides oversight of the program.

Eligibility

All University of Wisconsin employees, including rehired annuitants, student hourlies and graduate assistants — with the exception of some employees-in-training, fellows, and interns — are eligible to participate. Eligible employees can enroll at any time.

Fees

The UW TSA 403(b) Plan provides a low-cost way to save for retirement. All funds are no-load: there are no sales commissions or broker fees. There is no University fee. The UW TSA companies have no annual fees. Participants have access to funds with special low-cost share classes like Fidelity K Shares and TIAA and T. Rowe Price Institutional share classes.

Contact

Contact your institution benefits office for questions regarding enrollment, limits or compliance.