Lincoln Financial Group (pdf)
Individual Tax-Deferred Annuities
Supplemental tax-deferred annuities (TDAs) offer ECU employees an opportunity to set aside extra retirement savings on a voluntary basis. The employee decides how much money to contribute within the minimum and maximum guidelines set by the Internal Revenue Service. The employee's pay will be reduced by the amount of the set contribution and remitted to the investment company selected by the employee. ECU provides a listing of companies which may be used for a TDA contribution. Contributions and earnings grow on a tax deferred basis until the employee is eligible to participate in the annuity benefit. Contact the Personnel and Placement office for additional details.