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Program Basics

retirement income three-legged stool illustrating 3 sources of income, social security, pension, and personal savingsThe Big Picture

The Retirement Investors' Club (RIC) 403b Program (also known as TSA or Tax-Sheltered Annuity) is an employer-sponsored voluntary retirement savings program. 403b participants choose to save any portion of their wages through salary reductions (see IRS Maximum 403b Limits). Deductions are deposited into your selection of RIC investments in your 403b account.

Your RIC 403b contributions and earnings are available at retirement to supplement your IPERS and Social Security income benefits.


Your eligibility to participate in the 403b program is determined by your employer (view your employer's plan elections). In many cases, employers do not have eligibility requirements for participation.

403b Roth Option

Your employer may have elected to offer a 403b Roth account (view your employer's plan elections) in addition to the 403b pretax account. The 403b Roth allows eligible employees to make after-tax contributions through salary reductions. IRS annual maximum 403b contribution limits apply to the combined total contributions to your 403b pretax and 403b Roth accounts.

Education-Related Employers

Program Summary