- April 2009 > Retirement Corner
If you’re looking for a way to lower your taxable income while saving for your retirement, significant tax savings are available to you right now through your UTSaver 403(b) Tax Sheltered Annuity (TSA) and UTSaver 457(b) Deferred Compensation Plan (DCP).
All employees can contribute to either of these retirement plans for as little as $20 a month or choose a higher contribution rate. Either way you save on your taxes and you save for your future.
Saving a little or a lot will make a difference for your future while helping your tax bill.
Limits may vary based on your individual circumstances. Please contact your benefits office at www.utsystem.edu/benefits/contacts/#1 for a personal limit calculation.
If you have a Benefits question, submit your question by replying to the “newsletter email” or by sending an email to firstname.lastname@example.org.
UT System Employee Benefits Web site: www.utsystem.edu/benefits/
UT System Retirement Programs Web site: www.utretirement.utsystem.edu
Your Local Benefits Office: www.utsystem.edu/benefits/contacts/#1