Florida State University offers all employees (A&P, Faculty, USPS and OPS) the opportunity to participate in tax-deferred annuities. This program offers employees the opportunity to save money for retirement while reducing their current income tax liability. Taxes on earnings and contributions are deferred until you receive them as income. Contributing to a tax-deferred annuity is voluntary. Contributions are made through payroll deduction and forwarded to a participating investment company.
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