University of Wisconsin–Madison

UW 403(b) Supplemental Retirement Program (SRP)

The UW 403(b) Supplemental Retirement Program (SRP), formerly the UW Tax-Sheltered Annuity (TSA) 403(b) Program, is a supplemental retirement savings plan that allows you to invest a portion of your income for retirement either on a pre-tax or post-tax (Roth) basis or a combination of both. Participation in the UW SRP Program is voluntary with employees making the entire contribution; there is no employer match.

Important changes are coming to the 403(b) Program: Your TSA 403(b) Program – Reimagined!

The UW offers SRP accounts through the following providers:


Eligible Employees

  • Employees covered by the WRS
  • LTE and Project employees
  • Rehired annuitants
  • Student hourly employees
  • Graduate Assistants
  • Short-Term Academic Staff employees

Ineligible Employees

  • Employees-in-Training
  • Fellows
  • Interns


Minimum Contributions

  • $8.00 per biweekly paycheck

2021 Maximum Contributions

  • $19,500 if under age 50
  • $26,000 if age 50 or older at any time during the year

Special 15-Year Catch-Up

If you have 15 years or more of UW service, and your average SRP contribution is less than $5,000 per year, you may be eligible to contribute an additional $3,000 per year ($15,000 maximum over 5 years). You must confirm your eligibility each year by contacting HR.


You may withdraw your contributions (take a distribution) only when you:

  • Leave employment with the UW System,
  • Reach age 59½—even if you are still working, or
  • Become disabled

Once you meet this eligibility criteria, you have three options to manage your UW SRP 403(b) program assets:

  • Leave your assets with your provider in the UW SRP Program
  • Roll over to another plan with a new employer or to an Individual Retirement Account (IRA)
  • Cash out. Get immediate access to your retirement savings, minus 20% withholding and possible early withdrawal penalties if under age 59½

To access your money, contact your SRP provider(s). Withdrawals from TIAA and Fidelity may be initiated over the phone; TIAA and Fidelity also provide online distribution requests.

Note: a signature from the UW Plan Administrator is not required for any of the current SRP providers—just complete the form, sign it, and submit it directly to the SRP provider.

Updating Contributions

You may update your SRP contribution amount at any time by completing a Salary Reduction Agreement or by using the online self-service tool in MyUW.

Rollovers and Transfers

If you have funds in an account from a previous employer or you have funds with one of our frozen providers, you may benefit from moving that money to a current provider with the UW SRP Program. To get started, contact your former plan or employer to obtain distribution paperwork. You may also need roll-in paperwork from your current UW SRP Program provider. Contact your provider directly for this paperwork.

Address and Beneficiary Changes

You can change your address by contacting your investment company via phone or in writing. You can change your beneficiary online with Fidelity and TIAA. With the other companies, you must submit a new beneficiary designation to change your beneficiary.

Learn more about the SRP Program

Online Education

Live Webinars

Individual Counseling Appointments

45-minute appointments are available from 9 am–4 pm. Make an appointment to discuss if you’re on track saving for retirement. Check “Today in the Union” the day of your appointment for the specific room at Union South and Memorial Union.


Schedule an appointment online or call 1-800-642-7131.