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The University of Texas at Austin - Tax-Sheltered Annuity Program, 403(b)
20 Questions for a Tax-Sheltered Annuity (TSA) Company

The questions below may assist employees in selecting an authorized TSA company that best meets individual needs. It is not all-inclusive.

1. What kind of account access does the company offer? (e.g. internet, toll-free numbers, TDD, bi-lingual)
2. What kind of annuities does the company offer? (e.g. fixed, variable, indexed)
3. What kind of mutual funds does the company offer? (e.g. class A, B or C)
4. Does the company have a local representative?
5. How often does the company send an account statement?
6. What is the minimum guaranteed interest rate on each fixed investment?
7. What is the short-term performance of each available investment? (e.g. one year)
8. What is the long-term performance of each available investment? (e.g. three, five and ten years)
9. Will the company send notification when new investment opportunities become available?
10. What fees are assessed with each monthly deposit?
11. Under what conditions can funds be withdrawn?
12. What fees are assessed when withdrawals are made?
13. What fees are assessed when transferring funds within the company, from one investment account to another?
14. How often can funds be transferred within the company?
15. What fees are assessed when transferring funds from the company to another company?
16. What fees are assessed if deposits are to be allocated to various investments?
17. What fees are assessed on a yearly basis? Does the number of investment accounts affect the fees?
18. What is the length of time an investment account must receive deposits, in order to transfer funds either within the company or to another company, without any fees assessed?
19. Does a maximum limit apply to any of the fees?
20. What are the loan and hardship provisions?