Contributing to the UTSaver Tax-Sheltered Annuity Program can significantly reduce your current taxes and help you save for retirement. Contributions are conveniently taken by payroll deduction.
Contributing to the UTSaver Tax-Sheltered Annuity Program can significantly reduce your current taxes and help you save for retirement. Contributions are conveniently taken by payroll deduction.
Retirement Programs at a Glance
All employees of the UT System are eligible to participate in the UTSaver TSA.
You can contribute as little as $15 per month or as much as 100% of your eligible compensation up to $23,000 for 2024 (was $22,500 for 2023) in the UTSaver TSA, (Traditional and Roth combined). There are also two catch up provisions:
Your UTSaver Deferred Compensation Plan contributions do not affect the total amount you are able to defer under the UTSaver TSA.