You may be familiar with the Teacher Retirement System (TRS) or the Optional Retirement Program (ORP) because participation in one of these programs is mandatory for University of Texas benefits-eligible employees. However, these plans will only replace a portion of your income in retirement.
The UTSaver Tax Sheltered Annuity (TSA) and UTSaver Deferred Compensation Program (DCP) are designed to help you save more money on your own so that you have the income needed to last throughout your years in retirement.
We can help you with your questions about planning for retirement. Schedule an appointment with your local financial professional to get answers tailored to your situation.