Choose from among a variety of fixed annuity, variable annuity and mutual fund products. Federal tax not withheld until income is received from the annuity. Upon arrangement with the plan administrator. Paid by employee. No employer matching.
Contributions are voluntary for benefited employees and are made on a tax deferred basis.
Aetna is the plan administrator. Within 60 days of employment. Minimal administrative fee paid by employee. Vacation Leave Awarded on the last Saturday of each month . Paid by UMass.