- Tamaqua Area School District
- Tax Sheltered Annuity Information
Tax Sheltered Annuity
Internal Revenue Service regulations allow employees of school districts to contribute to individual retirement plans known as tax sheltered annuities or section 403b plans. The district offers this option to all employees via tax-deferred, payroll deductions. These plans are funded entirely by your contribution. To begin a TSA by payroll deduction, please contact an investment advisor with one or more of the firms listed on the form and forward proper information to the Payroll Department at least 2 weeks prior to the payroll date you want the deduction to begin.
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