The
Salisbury Township School District currently offers 403(b) - TSA accounts to its employees. You may choose from several types of investment products for 403(b) accounts for your retirement savings. The different investment products listed below represent the majority of all account types currently available. The assistance of a professional representative can prove helpful in understanding how a particular investment product may be beneficial in achieving your accumulation goals and should suggest a plan (or combination of investment products) suitable to your risk tolerance. Note that each investment product has specific provisions and advantages associated with its use.
Standard Interest Annuity - This is the simplest form of retirement savings and is similar
to a savings account.
Equity Index Annuity - Combines most of the characteristics of an interest annuity with
the opportunity to participate in any positive returns realized in a stock market index.
Variable Annuity - Several investment alternatives are combined within these plans. The
participant may select one or more investment accounts managed by the carrier or other
various investment management companies.
Mutual Funds - Offered by investment management companies and brokerage firms. Participants may direct their contributions to various investment portfolios which are
managed by the custodian or management company.
For more information on contribution limits, see the "Calculations" section of our site.
