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Tax Sheltered Annuity (403B) Plan

Tax Sheltered Annuity (403B) Plan

 

  • All Township of Ocean School District employees are eligible to participate in an optional 403B and/or 457 Tax Sheltered Annuity (TSA) Programs.  These plans allow employees to save funds pre-tax for retirement via payroll deductions.  Earnings in a TSA are free from federal taxation until a participant withdraws the money. There are restrictions on your ability to access the funds.