Retirement

Voluntary Retirement Plans

403(b) Tax Sheltered Annuities (TSA)

The University of South Florida offers all employees (Administration, Faculty, Staff and Temporary) the opportunity to participate in tax-deferred programs through 403(b) Tax Sheltered Annuities and/or 457 Deferred Compensation plans. These programs offer employees the opportunity to save money for retirement while reducing their current income tax liability. Taxes on earnings and contributions are deferred until you receive them as income. Contributing to a tax-deferred program is voluntary. Contributions are made through payroll deduction and forwarded to a participating investment company.

How to Enroll in a 403b plan

How to Change Your Contribution Amount

To submit forms via campus mail:

 

457 Florida Deferred Compensation Plan

The Florida Deferred Compensation Program offers employees (Administration, Faculty, Staff and Temporary) the opportunity to save money for retirement while reducing their current income tax liability. Taxes on earnings and contributions are deferred until you receive them as income. Contributing to the Florida Deferred Compensation Plan is voluntary. Contributions are made through payroll deduction and forwarded to a participating investment company.

The Florida Deferred Compensation Program allows loan and hardship withdrawals under the plan. For information on eligibility contact the Florida Deferred Compensation office at (877) 299-8002.

How to Enroll

How to Change Your Contribution Amount