403(b) Tax Sheltered Annuity Plan

City Colleges offers you a 403(b) Tax-Sheltered Annuity Plan to help you save for your retirement, in addition to SURS.

You can contribute up to $15,000 per year plus an additional $5,000 if you will be age 50 or older at any time during the current year. The contributions you make through payroll deductions are pre-tax and the earnings accumulate on a tax-deferred basis.

You decide where you would like your money to be invested from a list of vendors. The vendors will provide you with investment and enrollment information.

Your contributions are voluntary and can be changed at any time.

Download the Annuity Vendors (PDF)

Contact the Benefits Division for additional information.