See the latest updates and information regarding the COVID-19 pandemic at semo.edu/covid19.
To help you better develop your retirement strategies, please see related links below. If at any time you have a question, feel free to contact Alissa Davis at (573) 651-2206.
The Tax-Sheltered Annuity Program is a supplemental retirement savings program authorized by section 403(b) of the Internal Revenue Code. All University employees are eligible to participate. Eligible employees can enroll at any time.
Through this Program you can invest a portion of your income for retirement on a pre-tax basis. Participation in the Plan is voluntary. You make the entire contribution; there is no employer match. Investment options include a wide array of mutual funds and fixed and variable annuities managed by authorized investment companies. Click here for a list of authorized investment companies.
The Missouri Deferred Compensation Program is a supplemental retirement savings program, regulated by Section 457 of the Internal Revenue Code (IRC). It is available to all University employees.
This program provides eligible employees with the opportunity to invest a portion of their annual earnings into the traditional tax-deferred and the post-tax Roth IRA option. Section 457 of the IRC sets forth certain limitations and restrictions that must be followed including the amount of compensation that can be deferred, as well as when and how account balances can be distributed.
For information regarding the program, or how to enroll, contact an Education Specialist at:
State of Missouri Deferred Compensation Plan
3349 American Ave, Suite A
Jefferson City, MO 65109
Plan Information Line: (800) 392-0925