Retirement Benefits and Savings Plans
Please Note
This information refers to benefits and compensation for UW Hospital and Clinics house officer positions. For information about Family Medicine residency and fellowship benefits and compensation, go to the UW Department of Family Medicine site.
Retirement Benefits
- Tax Sheltered Annuities (TSA - 403b Plans)
Deductions are taken pre-tax from your paycheck and invested in a TSA account, Contributions will begin as soon as administratively possible after your application is received. You can enroll in this program at any time.
Savings Plans
- Savings Bonds
Savings bonds earn market-based interest with a guaranteed minimum rate, and are exempt from state and local income tax. If bonds are used for post-secondary education, they are exempt from Federal taxes. - EdVest: A Savings Plan for Your Children's Education
EdVest is a state-sponsored Section 529 college savings program administered by the Wisconsin Office of the State Treasurer. Strong Capital Management, Inc., a registered investment advisor, manages the program. Contributions to your EdVest account are placed in a trust, which consists of a variety of investment options.