Many educators
are pleasantly surprised to see what they can accumulate in
a 403(b) TSA. By having money deducted from your paycheck
before you pay taxes, you can put more money to work for you
than you can on an after tax basis. For
example: a reduction of $300 in your net take home pay allows
you to save $416 in a 403(b) TSA! (The
amounts listed below are estimates based on a 28% tax bracket,
no loans or withdrawals, and calculated at 5%)
| Reducing
your monthly net take home pay by this amount each
month... |
Allows
you to save
this amount in
a 403(b) TSA
each month! |
|
 |
| ACCUMULATION
VALUE |
| 5
years |
10
years |
15
years |
20
years |
| $100 |
$138 |
$9,457 |
$21,527 |
$36,931 |
$56,591 |
| 200 |
277 |
18,914 |
43,053 |
73,892 |
113,163 |
| 300 |
416 |
28,371 |
64,580 |
110,793 |
169,774 |
| 400 |
555 |
37,828 |
86,107 |
147,724 |
226,365 |
| 500 |
694 |
47,285 |
107,633 |
184,655 |
282,957 |
| 600 |
833 |
56,742 |
129,160 |
221,586 |
339,548 |
| 700 |
972 |
66,199 |
150,687 |
258,517 |
396,140 |
| 800 |
1,111 |
75,656 |
172,213 |
295,448 |
452,731 |
| 900 |
1,250 |
85,113 |
193,740 |
332,379 |
509,322 |
| 1,000 |
1,389 |
94,569 |
215,267 |
369,310 |
565,914 |
| |
|
|
|
|
|
| The
sooner you start... |
|
|
|
|
| |
The
more you can save! |
|
