Tax Deferred Savings

The following programs allow eligible employees to save toward retirement by investing pre-tax contributions in tax-deferred investments. These contributions are made through payroll deductions, prior to federal and state taxes being calculated.

  • Tax Shelter Annuity – 403(b), Administered by Fidelity. All employees are eligible to participate in a 403(b), regardless of time base (with the exception of certain student classifications),including rehired annuitants
  • Thrift Plan – 401(k) and; Deferred Compensation Plan – 457, Administered by Savings Plus Program. Eligible for 401(k) or 457 enrollment?

2017 Tax Deferred Plans Comparison Chart

403(b) Universal Availability Notice

Tax Deferred Savings Plans - 2018 Limits

  • 403(b) = $18,500
  • 401(k) = $18,500
  • 457 = $18,500
  • Combination of 401(k) and 403(b) = $18,500
  • Combination of 401k/403b ($18,500) and 457 ($18,500) = $37,000
  • Catch-up provision for each plan for employees over the age of 50 = $6,000
  • Catch-up provision for the 403b plan for employees who have worked at least 15 years may be eligible to contribute an additional $3,000 per year for up to 5 years for a total of $15,000. Employees who wish to contribute using this catch-up provision must demonstrate eligibility by completing the CSU Max Contribution Allowance Worksheet [excel].

Tax Sheltered Annunity (TSA) Plan Contacts

403 (b) Plan

To enroll in the 403(b) plan, visit: Fidelity Net Benefits; CSU TSA Enrollment Flyer .
To schedule a one-on-one appointment, please visit getguidance.fidelity.com
*Prior to your appointment, please create an Fidelity account.

Representative:
Christel Whittier
310-401-0124
Christel.Whittier@fmr.com


401(k) or 457 Plan

More detailed information about the TSA program, including "How To" webcasts and information about contract exchanges, loans and hardship withdrawals, annual contribution limits and catch-up worksheets can be found on the CSU Systemwide Benefits Portal.

The 457 plan contains a "Traditional catch-up" contribution which may allow you to contribute a higher amount to make up for the years you were eligible to contribute to the 457(b) plan, but did not maximize your contribution for those years. The 401(k) does not contain this provision.
To enroll in either the 401(k) or 457 plan, visit: Savings Plus Program.
You can also contact Customer Service at (855)616-4776