Tax Sheltered Annuity- 403(b)

Summary   
The University of South Florida offers all employees (Administration, Faculty, Staff and OPS) the opportunity to participate in tax sheltered annuities. This program offers employees the opportunity to save money for retirement while reducing their current income tax liability. Taxes on earnings and contributions are deferred until you receive them as income. Contributing to a tax sheltered annuity is voluntary. Contributions are made through payroll deduction and forwarded to a participating investment company. Click here for a list of available companies.

How to Enroll

• Enrollment can be done at any time.

• Contact the available company of your choice to sign a contract with the company.

• Complete a salary reduction agreement form.

• Submit the salary reduction agreement to Human Resources Benefits.

How to Change Your Contribution Amount

• Submit a new salary reduction agreement form with the desired contribution amount to Human Resources Benefits.
  Salary Reduction Agreement Form
   

• Submitting forms through campus mail:
          USF Main Campus (Tampa) - SVC2172
          USF Polytechnic - LAC1192
          USF Sarasota Campus - SMBC116
          USF St. Petersburg Campus - BAY206
   

• Changes can be made at any time.