Save more with the UTSaver Deferred Compensation Plan

The UTSaver 457(b) deferred compensation plan (DCP) offers you a way to save even more for retirement. When you combine it with a 403(b) plan, you have the opportunity to contribute twice as much to tax-advantaged retirement savings accounts each year. Of course, you can choose one or the other depending on which plan’s features are more beneficial to your circumstances. Each plan has unique benefits, and you can take advantage of them all if you choose to contribute to both plans.

All employees

Pretax dollars

Generally, you may contribute up to $17,000 in 2012.

Age-based: You may contribute an additional $5,500 in 2012 if you are age 50 or older.

Service-based: You may contribute up to an additional $17,000 in 2012 if you are within the last three taxable years ending in the year prior to normal retirement age as defined under your plan and have under-contributed in prior years.

You may not combine the two catch-up contributions in the same year.

Taxable when withdrawn

Distributions made prior to attaining age 70½ are subject to federal restrictions and ordinary income tax. The 10% income tax penalty for withdrawals prior to age 59½ does not apply to 457(b) DCPs.

More choice than ever. You have an unusual opportunity to customize your retirement savings. Any combination of the traditional or Roth 403(b) TSA and the 457(b) DCP allows you a variety of options — all available from the same source: VALIC.

To view or print a prospectus, visit www.valic.com/utsystem and look to the right-hand side of the screen. Click the appropriate link inside the box titled "Prospectuses and Other Important Materials." Click on "Funds" in Quick Links, and funds available for your plan are displayed. The prospectus contains the investment objectives, risks, charges, expenses and other information about the respective investment companies that you should consider carefully before investing. Please read the prospectus carefully before investing or sending money. You can also request a copy by calling 1-800-448-2542.