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Tax Sheltered Annuities

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Tax Sheltered Annuities

A 403(b) tax-sheltered annuity (TSA) allows an employee to make contributions from his income into a retirement plan. The contributions are deducted from the employee's income and, as a result, the contributions and related benefits are not taxed until the employee withdraws them from the plan. Because the employer can also make direct contributions to the plan, the employee gains the benefit of having additional tax-free funds accruing.

 

Company

Phone Number

Fidelity 518-880-4147
AXA Equitable 518-373-7300
First Investors 518-452-8118
Oppenheimer Funds 800-225-5677
Ameriprise (River Source) 518-869-8613
Voya 800-584-6001
Lincoln Investments 800-242-1421
Metropolitan Life (Travelers) 800-962-8320
VALIC 800-853-6399
The Legend Group 800-735-9395


TSA deductions can be changed during the timeframes listed below ONLY:

Forms MUST be in payroll by AUGUST 10TH
To be effective the 1st of September 

Forms MUST be in payroll by DECEMBER 10TH
To be effective the 1st of January

Forms MUST be in payroll by APRIL 10TH
To be effective the 1st of MAY 

IMPORTANT NOTE FOR NEW ENROLLEES:  Before a payroll deduction can be implemented, your TSA account must be established prior to the deadlines listed above.  Please contact your financial representative to initiate your account set-up.  


 
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