Trust’s TSA Program is Enhanced

By Scott Culver
Communications Specialist
WEA Trust

December 2000

The WEA Trust’s tax-sheltered annuity (TSA) program has added eight mutual funds and relaxed limitations on how investors can allocate their money.

These changes mean participants in the TSA program can now choose from among 14 investment choices, including a guaranteed investment, to create a portfolio to match their tolerance for risk.
A participant’s portfolio can run the investment spectrum from 100% mutual funds to 100% in the Guaranteed Investment. Previously, the Trust required participants to invest a minimum of 20% in the Guaranteed Investment, leaving a maximum of 80% for mutual funds.

The Trust’s Guaranteed Investment traditionally offers among the highest yield available to Wisconsin public school employees. Interest is compounded daily to yield 7.5% during 2001, less the service expenses of the Trust.

These enhancements were made November 1 in response to TSA participants’ requests for more mutual funds and fewer restrictions.

Choosing funds
In selecting the additional mutual funds, the Trust looked for funds with a strong track record, stable management, and low fees and operating expenses.

In addition, the Trust considered how the funds complemented its current investment offerings. Since many participants asked for more investment choices, one of the Trust’s objectives was to add funds in distinct investment categories. Our mutual fund offerings allow participants to mix different types of funds to create a well-rounded portfolio.

The Trust also responded to members who asked for more socially responsible funds. Two choices added in this area are from Citizens Funds and complement the existing Domini Social Equity Fund. Participants can now create a diversified, socially responsible portfolio.

Before investing
As with all investment decisions, carefully consider your choices in relation to your long-term goals and tolerance for risk. Before investing in a mutual fund, call and request a prospectus.

If you have questions about planning for retirement, you can call a Trust retirement consultant at (800) 279-4030 or check out the WEAlth Educator planning software on the Trust Web site at www.weatsa.com. WEAlth Educator can be used to customize an asset allocation that fits your investing profile.

TSA basics
Your employer has a list of available TSA providers. The Trust TSA program is open to public education employees in nearly every Wisconsin school district. To receive an enrollment kit, contact the WEA TSA Trust by phone at (800) 279-4030, e-mail tsa@weains.com, or log on to the Web site at www.weatsa.com.

If you are already a participant in our TSA program and would like to move your money into the new funds, call the Account Information Line at (800) 279-2490 or visit the Web site.