Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT IS A TAX SHELTERED ANNUITY (TSA) 403(b) PLAN?

April 26, 2017Annuity Plan sheltered tax tsa

0

10 Posted

WHAT IS A TAX SHELTERED ANNUITY (TSA) 403(b) PLAN?

1 Answer

0

10 Posted

Tax-Sheltered Annuity (TSA), is a technical Internal Revenue Code (IRC) term and is governed by the section of the IRC 403(b) commonly referred to as a 403(b) plan. Employees of non-profit 501(c) tax-exempt organizations, higher education and public schools are eligible to tax defer income under this plan for additional retirement savings.