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Getting Started on TSA contributions

Introduction for a 403B/457B
Getting Started on TSA contributions

TSA's (Tax Sheltered Annuities), also known as 403B and 457B. TSA's allow praticipants to save for retirement on a tax deferred basis, TSA's are voluntary deductions. Employees have the availability to contribute however much they want without passing IRS limits or leaving them with a negative check.
Enrollment

Steps to enrolling in a TSA
Enrollment

  1. Pick your Invesment Provider: Review the list of the authorized Investment Providers. The list to see the investment providers employees can click the link Authorized Investment Providers
  2. Contact the Investment Provider: Once the employee has chosen who they want to contribute to, the employee will need to contact the investment provider to establish an account.
  3. Complete a SRA (Salary Reduction Agreement): Once an account has been established with the investment provider, employees will need to complete an SRA Online through U.S. OMNI &TSACG Compliance Services online SRA System. *
    1. If the employee is having trouble with navigating through the website, employees are welcome to use the SRA Tutorial
 
*Cut off dates vary-Files are sent to the Benefits Department on the 10th of each month, making the cut off day on the 9th of the month. However, if the 10th of the month falls on the weekend, the cut off date would be on the 8th of the month so Benefits could receive the files on the 9th. 
Submitting Distributions

Distributions for loan, rollover, and withdrawals
Submitting Distributions

Distribution requests can be submitted and approved using our the Online Distribution System within minutes. The Online Distribution System allows participants and advisors alike to gain immediate approval certification for eligible distribution. 
Questions?

Contact Information
Questions?

Feel free to contact U.S. OMNI &TSACG Compliance Services's Distribution and SRA Team
 
Customer Service Number:
(888) 796-3786
Distribution Team: Option 4
SRA Team: Option 5
 
Customer Service Hours: 
Monday-Thursday
7:00 a.m. to 7:00 p.m. CT
Friday 
7:00 a.m. to 5:00 p.m. CT