403(b) Plans
Tax Savings Arrangements
  • Restricted to organization exempt under IRC Section 501(c)(3) and public school employees
  • Employees contribute by payroll deduction on a pre-tax basis or after tax
  • Employer may match employee contributions
  • Financial hardship withdrawals permitted
  • Investment of assets directed by employee, in mutual funds
  • Employees bear investment risk
  • Assets held in custodial account with Charles Schwab
  • Mutual fund options selected by the THA Board of Trustees


Lea Anne Porter, vice president, retirement plans, 512/465-1544