TDA contributions are deducted from your gross pay and reduce your current taxable income.

Your TDA contribution limit for the year is displayed. This annual limit is mandated by the Internal Revenue Code (IRC) for combined 403(b) and 401(k) contributions. However, some individuals may be eligible to make additional "catch-up" contributions. Please refer to the Your Tax-Deferred Annuity Program brochure for more information.

Your Current Rate is displayed. Enter a New Rate between 1.0% and 99.9%. If you would like to cancel your TDA contributions, enter 0% for the New Rate and check the corresponding option.

You can use the TDA Calculator to see how your rate will affect your paycheck. 

Select Option:

Select one of the three contribution options listed: ongoing, future-ongoing, or one-time.

• The date your ongoing contribution rate will become effective is displayed. Generally, it is the first payroll that occurs at least 30 days after TRS receives your request.
• You must select a date(s) for future-ongoing contribution(s) by clicking the calendar.
• You must select a date for your one-time contribution.

If you elect a new contribution rate for an ongoing election, it will supersede any previously-elected ongoing contribution rate.

If you would like to change your existing future-ongoing or one-time contribution, click the orange “Cancel” button to return to the TDA home page to cancel your current elections. Then update your future-ongoing and one-time options. When choosing a date(s), only eligible payroll dates display highlighted in gray. Dates previously selected will not appear.

After selecting your contribution percentage and option, click “Next.”

Confirmation:

If you are satisfied with your elections, carefully read and accept the Terms & Conditions and click “Finish.” You will receive an email confirming your TDA rate change.

Additional information:

Generally, your TDA contributions automatically continue until you choose to stop them, unless you choose the one-time contribution option. If you reach your contribution limit for the year, contributions would stop until the next calendar year.

Some things to consider before choosing a rate:

If you choose a low contribution rate, you may not reach your annual contribution limit, but your take-home pay would be higher. If you choose a high contribution rate, you may reach your annual contribution limit after contributing for only a portion of the year.

If the rate is too high (i.e., the requested TDA deduction exceeds the amount available to deduct), no TDA deduction would be taken from your pay. Please use caution when electing a high TDA contribution rate.