The UW Tax-Sheltered Annuity (TSA) 403(b) Program is a supplemental retirement savings plan offering all UW System employees the tax-advantaged opportunity to invest a portion of your income to help prepare for a secure financial future. The UW TSA 403(b) Program is unique, because it’s managed by the UW System and a TSA Review Committee specifically for UW System employees. Currently, the program is under review for updates and enhancements with the following goals in mind:
- Offering leading provider(s)
- Providing proven investment options
- Communicating with participants in a simple and engaging manner
As a part of this process, UW System and TSA Review Committee teams are reviewing the program, including current providers and investment options, with an eye to cost-effectiveness, simplification and ease of use for our participants. UW System’s goal is to make it easy to enroll, select investments, and monitor investment performance on an ongoing basis.
The UW System team is committed to sharing more throughout this review process and as decisions are made over the coming year. UW System’s objective is to be transparent and informative, with regular communications to participants and the UW System community as a whole. We will be sending out communications from time to time, but this website will serve as an ongoing communication tool that will be regularly updated with information as it is available. Please bookmark this site and check back to stay updated on our progress.
Program Changes Announcement
A part of the program review was to determine if UW Tax-Sheltered Annuity (TSA) 403(b) Program was still an appropriate name for the program or if there were better options. After discussion with a focus group of UW System employees, the TSA Review Committee decided to change the name to the UW 403(b) Supplemental Retirement Program, or 403(b) SRP for short.
After completing a request for proposal (RFP), the TSA Review Committee Recordkeeping Review Subcommittee worked through the process of choosing a new recordkeeper or recordkeepers. The new recordkeepers for the UW 403(b) Supplemental Retirement Program (UW 403(b) SRP) are TIAA and Fidelity.
Note: No action is needed at this time.
FAQs on Upcoming Changes
Click below for a list of FAQs about the program and upcoming changes.
Program Information & Communications
We understand that emails can get overlooked or lost in junk mail. As communications are available, you can find them here.
What is the UW TSA Program?
The UW Tax-Sheltered Annuity (TSA) 403(b) Program is a supplemental retirement savings program. 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 Program is voluntary with employees making the entire contribution.
Visit the 403(b) Program website for more information.
What is the TSA Review Committee?
The TSA Review Committee (TSARC) is a nine-member committee consisting of faculty, academic, and university staff that provides oversight of the program and advice on program issues.
Learn more about the TSA Review Committee here.