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TAX SHELTER ANNUITY PROGRAM
The CSU 403(b) Tax Sheltered Annuity (TSA) Program is a voluntary program that allows eligible CSU employees to save toward retirement by investing pre-tax contributions in tax-deferred investments in either annuities or mutual funds, under Internal Revenue Code (IRC) Section 403(b). TSA contributions are made solely by the employee through payroll deductions, prior to federal and state taxes being calculated. Consequently, these pre-tax contributions result in reduced taxable income for participating employees.
All salary reduction changes (stop, start, increase and/or decrease) are managed by the employee in Retirement Manager, an online process through AIG Retirement, the Master Administrator.
For more information, please visit the CSU Tax Shelter Annuity Benefits Portal