Tax-deferred Annuity Plan
This is an optional program that allows the sheltering of a portion of an individual's annual taxable gross salary from federal taxes through payroll deduction in accordance with the Internal Revenue Code, Section 403(b) and related sections, and the Massachusetts General Laws, Chapter 15, Section 18A, all as amended.
For more information about this program please the UMass Treasurer's page on tax-deferred annuities.
You may also want to download from the UMass Treasurer's Website the Salary Reduction Agreement form (28 KB PDF) required for tax-deferred annuities.
For one-on-one financial counseling, see schedule.