May 2, 2008
  HR Update



Save for retirement with a TDA
Tax season got you down? Did you know that if you contribute to a Tax Deferred Account (TDA), you pay less income tax? Your savings are deducted from your income before federal income taxes are calculated. The earnings on your savings are not subject to income taxes until you withdraw your money at the time of retirement. That way, your savings will grow more quickly. Plus, you make your contributions through the convenience of automatic payroll deduction.

All salaried employees are eligible to contribute to a voluntary TDA through payroll deduction. You also may hear these accounts referred to as 403(b) plans, 457(b) deferred compensation plans, or Tax Sheltered Annuities (TSA).  The maximum allowable contribution is $15,500 annually. You can start and stop your TDA at any time during the year -- you do not have to wait for an enrollment period. For more information about TDA’s, contact Human Resources Benefits at ext. 2690.

Defensive driving May 15
The next defensive driving course for UNTHSC employees, students and their family members is Thursday, May 15, from 8 am to 5 pm in EAD- 291. Seating is limited, so stop by Human Resource Services to reserve your seat and bring $25 cash or check for the course fee. Sorry, reservations won’t be accepted by phone. UNTHSC Logo

 

Campus Connection
University of North Texas Health Science Center
817.735.2554
3500 Camp Bowie Boulevard | EAD 834 | Fort Worth TX | 76107-2699