Tax-deferred Annuity

All University of Alaska employees, including students, adjuncts and other part-time workers, are eligible to participate in a tax-deferred annuity (IRS Section 403(b) plan). A tax-deferred annuity (TDA) offers employees the opportunity to make tax-deferred contributions into a supplemental retirement account. When combined with other retirement programs, a tax-deferred annuity enhances your ability to provide a solid financial foundation for retirement years.

403 (b) (TDA) Plan Document

IRS Information on TDAs - Publication 571 (off-site)

2020 Tax-Deferred Annuity Salary Reduction Agreement Form

Maximum Allowable Contribution

The Internal Revenue Service places limits on the maximum allowable contributions to a tax-deferred annuity. The participant is urged to seek appropriate advice prior to electing to participate. The amount of allowable contributions and additional information about tax-deferred annuities are contained in the Salary Reduction Agreement Form (above).

If you wish to participate in a tax-deferred annuity, you must establish a 403(b) account with an eligible TDA vendor and complete a Tax Deferred Annuity Salary Reduction Agreement Form. Additional information is available through your regional human resources office.

Planwithease.com

The University of Alaska uses a third-party administrator to manage the regulatory requirements of loans, hardship distributions, Qualified Domestic Relations Orders (QDROs) and more. You can request approvals for these transactions online at your convenience. Please visit planwithease.com. Your initial user ID is your nine-digit social security number (numbers only, no dashes), and your temporary password of your birthday in MMYY format (no / or - please). When you enter the site the first time, you'll be prompted to change your user ID and password.

If you're having problems logging in to planwithease.com or have any questions about the website or the services they provide, you can call customer service at 855-464-6928 Monday through Friday 8 am to 6 pm Central time (5 am to 3 pm Alaska time).

Planwithease.com is only used for the voluntary tax-deferred annuity 403(b) program. It is not used for the UA Pension or ORP programs.