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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- 4. How important is it for me to start a 403(b) TSA ?
- Even though a 403(b) TSA's is a voluntary savings program, it is extremely important that you start a 403(b) TSA as soon as possible. A TSA can provide "essential" supplemental income at retirement. For example: If you can afford to have your "net" take home pay reduced by $300 per month, you would be able to save $416 per month in a 403(b) TSA! This, will accumulate to $28,371 in 5 years, $64,580 in 10 year, $110,793 in 15 years, and $169,774 in only 20 years!(Based on a 28% tax bracket, no loans or withdrawals, calculated at 5%) For more examples, please see "TSA Savings".
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