Definition of "Tax Sheltered Annuity (TSA)"

An employer sponsored retirement savings program limited by law to employees of public educational organizations and certain nonprofit organizations.

For expert help with your annuity call toll-free 866-866-1999
© Copyright 2004 - 2012 Total Return Annuities
Use This Free
Instant Annuity Calculator
Select your state, age, and gender and enter a dollar amount
Optional - Enter Joint Annuity info.
Enter a Premium Amount
and Click to Calculate
Need help? call 1-866-866-1999
(b) of the Internal Revenue Code employees of a public school system or a qualified charitable organization are allowed to contribute up to $9,500 into a retirement plan. The accrual of dividends and cash values is not taxable until the annuitant actually receives the benefits, and only on the amount that exceeds the investment in the annuity.

For expert help with your annuity call toll-free 866-866-1999
© Copyright 2004 - 2012 Total Return Annuities