Katonah-Lewisboro Public Schools 403b & TSA Retirement Options
This resource guides Katonah-Lewisboro Public Schools employees through the voluntary 403b options, Tax-Sheltered Annuities (TSA), and retirement planning benefits available within their district. For NYSTRS members, a 403b and a TSA refer to the exact same type of tax-advantaged account. These supplemental accounts are authorized by the district but managed by independent third-party providers.
Westchester Financial Partners provides independent pension optimization and 403b/TSA coordination for New York educators.
Frequently Asked Questions About Katonah-Lewisboro District TSA Plans
What is the difference between a 403b, a TSA, and a Roth 403b?
A 403b—frequently referred to as a Tax-Sheltered Annuity (TSA)—is a voluntary retirement account that allows eligible Katonah-Lewisboro school employees to accumulate supplemental savings alongside their traditional NYSTRS pension. A traditional 403b uses pre-tax contributions to lower your current taxable income, with withdrawals taxed as ordinary income in the year received. Alternatively, a Roth 403b choice allows after-tax contributions, meaning your savings grow tax-deferred and qualified withdrawals are completely tax-free in retirement. Tax penalties and penalties for early withdrawal may apply if funds are withdrawn prior to age 59 ½.
Authorized Katonah-Lewisboro 403b / TSA Investment Providers
Eligible staff can view the full menu of active 403b/TSA investment providers, plan fee structures, and download Salary Reduction Agreements via the official OMNI compliance portal assigned to the Katonah-Lewisboro Union Free School District (Plan ID 353).
Want to maximize your NYSTRS pension alongside a 403b/TSA?
Navigating third-party investment menus and contribution limits can be complex. Schedule a structural review with a financial advisor at Westchester Financial Partners to strategically align your district 403b/TSA options with your specific pension tier.
Or speak with an advisor directly at: 914-809-5009