What is the Supplemental Tax Deferred Annuity (STDA) Plan and when can I participate?
The Supplemental Tax Deferred Annuity (STDA) Plan is a savings investment program that allows you to defer taxes and save money at the same time. The Plan is a defined contribution plan under Section 403(b) of the Internal Revenue Code. The STDA Plan is available to all employees beginning on their first day of employment. Participation in the plan is voluntary and funded completely by your own contributions. There is no waiting period and you can join at any time during the year.
