University of Wisconsin Tax-Sheltered Annuity 403(b) Plan

Ameriprise Financial, one of the approved investment providers for your 403(b) plan, has been offering 403(b) services since 1962. We deliver financial solutions for today and tomorrow through a comprehensive and personalized approach built on a long-term relationship with a knowledgeable advisor.

University of Wisconsin 403(b) page

Your 403(b) plan is a supplement to the Wisconsin Retirement System (WRS) pension plan which provides retirement benefits for employees of the State of Wisconsin and most local units of government in Wisconsin. See http://etf.wi.gov/ for more information.

Investment options for your 403(b)

RiverSource Retirement Advisor 4 Access^® Variable Annuity

A variable annuity can work for you through every stage of your investing life – from saving, to receiving income in retirement, to leaving a financial legacy for your heirs. Variable annuities are insurance products that are complex, long-term investment vehicles that are subject to market risk, including the potential loss of principal invested.

Benefits that can help you reach your retirement goal:

• Access to a broad range of investment options. You can invest in subaccounts that include stocks, bonds (or a blend of the two) that have the potential to perform well in a variety of market conditions.
• Flexible income options. At retirement you can choose to take a lump sum withdrawal, set up systematic payments or choose an income stream that can be guaranteed to last as long as you live.
• Transfer your wealth. Death benefits guarantee your beneficiaries will receive at least the value of your original investment – minus any withdrawals.

Guarantees are based on the claims-paying ability of the issuing company and do not apply to the performance of the variable subaccounts, which will vary with market conditions.

Frequently Asked Questions

• How do I increase my contributions to my 403(b) plan?

  You can start, stop, or change your TSA contributions at any time – as often as you wish. Complete a new Salary Reduction Agreement (SRA) and submit it to your University of Wisconsin benefits office.

• How do I make address or beneficiary changes?

  To change your address call 1 (800) 862-7919. If you make a change over the phone, you may not request a distribution for 30 days. To change the beneficiary, fill out the Beneficiary Designation form and mail it to the Ameriprise home office address indicated on the form.

• How do I take a loan from my plan?

  Contact your Ameriprise financial advisor for the appropriate loan form.

• How do I redeem money from my 403(b) plan?

  In order to take a distribution from your 403(b) plan, you must have met a qualifying event:

  • Age 59½
  • Separation from employment
  • Disability
  • Death

  To request a distribution, complete the Distribution form and mail it to the Ameriprise home office address indicated on the form.

For additional questions, reference the UW TSA 403(b) Question and Answer Guide.

Our comprehensive approach

Retirement can be a welcome turning point in your life — a time to enjoy hobbies, travel, or even launch a second career. To enjoy the retirement you envision, it's important to start saving early and plan ahead. And with increasing life expectancies, you may need to plan for a retirement that could last 20-30 years or more.

One way to save for your retirement goals is through your tax-sheltered annuity 403(b) plan. Working with an Ameriprise Financial advisor allows you to create a 403(b) account that is invested based on your individual situation. Our advisors can assist in showing how the 403(b) program complements your Wisconsin Retirement System pension plan bringing much needed flexibility to your retirement.

We understand that retirement is not your only financial concern. An Ameriprise financial advisor has the tools and resources to help you with your complete financial picture. Fees for these services will vary based on the complexity of your financial situation.

• Cash and liabilities — Manage your cash and reduce debt so you can find money to both address your cash-flow needs and long term goals.
• Investments — Explore a complete range of diversified investment options that align with your longer-term objectives, like purchasing a new home or saving for your children's education.
• Protection — Protect your family and your assets from risk of unforeseen events.
• Taxes — Consider additional strategies that allow you to diversify the tax status of all your investments — recognizing that your 403(b) is already a tax advantaged way to invest.

For questions and assistance, please call 1 (888) WISC-TSA (947-2872). Office hours are Monday – Friday, 8:00 am – 5:00 pm Central time.

Brokerage, investment and financial advisory services are made available through Ameriprise Financial Services, Inc. Member FINRA and SIPC. Some products and services may not be available in all jurisdictions or to all clients.

You should consider the investment objectives, risks, charges and expenses of the variable annuity and its underlying investment options carefully before investing. For a free copy of the annuity's prospectus and underlying investment's prospectus, which contains this and other information about variable annuities, please visit www.ameriprise.com. Read the prospectus carefully before you invest.

Investment products are not federally or FDIC-insured, are not deposits or obligations of, or guaranteed by any financial institution, and involve investment risks including possible loss of principal and fluctuation in value.