Tax Deferred Annuities (TDA) / Supplemental Retirement Annuities (SRA)
The City University of New York Voluntary Savings Plans - 2024 Universal Availability Notice
Tax Deferred Annuity (TDA) Percentage Change Form:
2024 Universal Tax Deferred Annuity Change Form for TIAA (SRA)
TIAA One-on-One Counseling Schedule
CUNY TIAA Plan Information and Enrollment Portal (Optional Retirement and Voluntary Plans)
2024 TDA Pre-Tax Limits
Effective January 1, 2024, the annual pre-tax limit for the Tax Deferred Annuity (TDA) are as follows:
| Tax Deferred Annuity (TDA) Before-Tax Contribution Limits | |
| Age Range | 2024 |
| Under Age 50 | $23,000.00 |
| Age 50 or Over | $30,500.00 |
TIAA Financial Counseling 403b
TIAA representative, Christian Hawkinson will be available for virtual one-on-one counseling sessions as needed.
Christian Hawkinson
201.498.8303 – Ext. 258303
Christian.Hawkinson@tiaa.org
Click here to register for a virtual appointment. Also consider using the call center: TIAA is here for you. Please call 800-732-8353, weekdays, 8 a.m. – 8 p.m. (ET)
Register for TIAA's Live Education and Advice Webinars
You may register for an account at tiaa.org/cuny. TDA Access Code: CUNYGSRA. Once your account has been registered, you may set up payroll deductions by completing a salary reduction agreement and submitting it to Human Resources. All employees are eligible for this program, but you may not elect a TRS TDA and TIAA TDA deduction at the same time.
NYS Deferred Compensation 457b
The New York State Deferred Compensation Plan (457b) is a voluntary savings plan offered by CUNY to help you save for and live in retirement. The plan offers both traditional pre-tax and Roth 457(b) accounts to provide you with retirement savings choices.
As part of CUNY, you are in the unique position of having access to both the 457(b) and the 403(b) Plans. Call the number below for helping in choosing the plan that is best for you, toll free: 844-867-8197
Mr. Benjamin Levy, our NYS 457 Plan representative, will be available for consultations. To schedule an appointment with Mr. Levy, please send an email to levyb4@nationwide.com .
For immediate access to speak with an account executive with NYS 457 Plan, please call the AE Connect Line (844-867-8197). No appointment needed.
Learn more about planning for your retirement with the New York State Deferred Compensation Plan!
Webinars are available! To register for a webinar, please click here. You may register for an account and set up payroll online at nysdcp.com. All employees are eligible for this program.
Any questions? Please contact the benefits team at benefits@ccny.cuny.edu
Last Updated: 08/20/2024 16:25