 If you have specific questions that are not included below, please contact us by email or call us tollfree at 1-877-TSA-PLAN (872-7526).
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- 12. How is a TSA different than my State Teachers Retirement System (STRS)?
- TSA’s are voluntary contributions and often used as supplemental retirement income. TSA’s can be increased, decreased, or stopped at your discretion and most TSA’s have loan provisions. If you move out of State and continue in the teaching profession, you may normally continue your TSA contributions.
The State Teachers Retirement System (STRS) provides you with a retirement income based on years of service, salary and other factors. STRS contributions are normally mandatory and there are no loan provisions. If you move out of state, you can not continue contributing to STRS but do have the option of transferring your funds to a rollover IRA.
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