All employees who normally work at least 1,000 hours per calendar year and are not student employees are eligible to contribute to the TSUS TSA plan.

You're just a few steps away from choosing Fidelity as your provider for contributions under the Texas State University System (TSUS) TSA Plan. Follow the steps below to select Fidelity as your provider:

1) Through Retirement@Work, retirementatwork.org/tsus, designate your contribution amount and choose Fidelity Investments as your investment provider.

2) Go to netbenefits.com/TSUS and click on the green Start Now button to establish your account, select your investments and assign a beneficiary. Use Plan #89387. If no selection is made, future contributions will be invested in the default fund.

When enrolling, choose the TSUS institution where you are employed.

Institution Name	Division Code
Lamar University	LU01
Lamar Institute of Technology	LIT1
Lamar State College Orange	LSCO
Lamar State College Port Arthur	LSCP
Sam Houston State University	SHSU
Sul Ross State University	SRU1
Texas State University	1XST
Texas State University System Administration	1SUS

You may elect to make contributions under the TSUS TSA plan as pre-tax and/or Roth after-tax contributions. Your contributions will be automatically deducted from your pay and sent to Fidelity.

A Roth contribution to your retirement savings plan allows you to make after-tax contributions and take any associated earnings completely tax free at retirement - as long as the distribution is a qualified one. A qualified distribution, in this case, is one that is taken at least five tax years after your first Roth contribution and after you have attained age 59½, or become disabled or die. Through automatic payroll deduction, you can contribute a percentage of your eligible pay as designated Roth contributions, up to the annual IRS dollar limits.

Find more information online within the "Plan & Learn" drop down and "Learn" section of NetBenefits^®.

Roth In-Plan Conversion options are available in Texas State University System Supplemental Tax-Sheltered Annuity (TSA) Plan. This option provides you with the opportunity to convert all, or a portion of your non-Roth assets to Roth assets. The amount eligible for conversion, may include all of a participant’s vested assets, including both eligible contributions and related earnings.

Special tax rules apply to Roth In-Plan Conversion options and are an important consideration in determining whether to do such a conversion. Generally, the taxable amount of a conversion is determined as if the converted assets were distributed to you from the Plan, although the assets will only be transferred to the Roth portion of your account and no amount will actually be paid from the Plan. The taxable amount (determined as if actually distributed to you) is taxable to you in the year of the conversion and should be reported on your income tax return for that year. For more information related to the tax consequence of a conversion, you should consult your tax or financial advisor before undertaking such a conversion. You may contact the Fidelity Retirement Benefits Line at 1-800-343-0860 to process a Roth In-Plan Conversion.

The IRS contribution limit for 2025 is $23,500 from all sources.

If you have reached age 50 or will reach 50 during the calendar year January 1 – December 31 and are making the maximum plan or IRS contribution, you may make an additional catch-up contribution each pay period. The maximum annual catch-up contribution is $7,500. Going forward, catch-up contribution limits will be subject to cost-of-living adjustments (COLAs) in $500 increments.

When you are "vested" in your savings, it effectively means the money is yours to keep. You are always 100% vested in all contributions to the TSUS TSA plan, as well as any earnings.

Your beneficiary or beneficiaries will inherit your account in the event of your death. You should consider identifying a beneficiary when you enroll in your plan, and consider updating the information if you experience a life-changing event such as a marriage, divorce, birth of a child, or death in the family.

Fidelity's Online Beneficiaries Service, available through NetBenefits^® offers a straightforward, convenient process to choose or update your beneficiary or beneficiaries that takes just minutes.

Go to 'Profile' in the navigation bar at the top of your NetBenefits^® page and click on the 'Summary tab' and then 'Beneficiaries'.

You are generally allowed to withdraw money from your plan when you leave your employer, retire, become permanently disabled, or reach age 59½. Also you may be eligible for a distribution if you have a financial hardship as defined by your plan. Withdrawals may be subject to income taxes and, if they occur prior to you becoming age 59½, a 10% early withdrawal tax penalty.

For more information, call the Fidelity Retirement Benefits Line at 1-800-343-0860.

Although your plan account is intended for the future, you may borrow from your account for any reason. Generally, plan rules allow you to borrow up to 50% of your vested account balance.

The minimum loan amount is $1,000, and a loan must not exceed $50,000. Any outstanding loan balances from the previous 12 months may reduce the amount you have available to borrow. Loans are repaid with monthly after-tax payments deducted directly from your authorized bank account.

You may have one loan outstanding at a time. The cost to initiate a loan is $50, and there is a quarterly maintenance fee of $6.25. The initiation and maintenance fees are deducted directly from your plan account.

Note: If you fail to repay your loan (based on the original terms of the loan), it will be considered in "default" and treated as a distribution, making it subject to income tax and possibly to a 10% early withdrawal tax penalty. Defaulted loans may also impact your eligibility to request additional loans. To learn more about or request a loan, call the Fidelity Retirement Benefits Line at 1-800-343-0860.

Online, on the phone, or in person, you have access to your account the way you want it. Log in online to NetBenefits^® virtually 24/7 or call Fidelity at 1-800-343-0860 to speak with a representative or use the automated voice response system.

Fidelity financial professionals provide complimentary one-on-one consultations for participants in your plan. You can also contact Fidelity for a statement of your account by calling 1-800-343-0860 or visiting NetBenefits^®.

For more information about the TSUS TSA Plan, please contact your institution's Human Resources department.