Voluntary Retirement Plans
To learn more about retirement self-sufficiency, watch the TRS Financial Awareness Video Series
403(b)/Roth 403(b)
This tax deferred annuity (TDA) program is available to interested employees. Investments can be made through UHS approved companies and their representatives.
With a traditional 403 (b), contributions are excluded from taxable income until distribution. A Roth 403(b) offers you the option to defer income on an after-tax basis with earnings growing tax free.
With Roth:
- Contributions are employee only
- Minimum monthly contribution is $25 and annual maximum is $23,000.
- If you are 50 years of age or older, you can contribute an additional $7,500.
- You may enroll in a TDA at any time, but may only change carriers twice per year.
Texa$averSM (457 PLAN)
With TexaSaver:
- Contributions are employee only
- Minimum monthly contribution is $20 and annual maximum is $23,000.
- If you are 50 years of age or older, you can contribute an additional $7,500.
- You can change your distribution arrangement as many times as necessary.
Darryl Goolsby | Retirement Plan Advisor
Office: 713-426-3334
Email: Darryl.Goolsby@empower.com
Schedule Today!
For more information on benefits, contact HR's Benefits Team. For information on managing your 403b retirement account, review the Retirement@Work Overview or log into Retirement@Work.
For more information about financial services available to you as a UHD employee, schedule a one-on-one session with a financial advisor from one of UHD’s trusted financial partners!
