More than 120,000 in-service members and retirees participate in the UFT’s Tax-Deferred Annuity program. When you retire, you have three choices for handling your money in your TDA. Learn about all your options in this month's Secure Your Future.

Learn about your pension benefit distribution options.

The IRS has announced the amount employees can contribute to their tax-deferred annuities and Roth accounts for 2026.

Whether you are a new member, in mid-career or close to retirement, here are steps you can take to learn about your pension benefits and stay on track as you progress down the road to a financially secure retirement.

In-service TRS members can start to contribute to a Roth account in January 2026. A Roth option offers no upfront tax break, but withdrawals in retirement are generally tax-free.

UFT members who have requested to transfer from the Board of Education Retirement System to the Teachers’ Retirement System must complete and notarize a key form by Dec. 10 for their transfer to be finalized.

The Teachers’ Retirement System introduced a Roth option in addition to its Tax-Deferred Annuity Program starting in 2026.
Learn about this new opportunity to save for retirement.

The start of the school year is is an excellent time to make sure you’re taking the right steps to prepare for retirement and secure your own future. Here are the most important things you need to know about your pension benefits as a UFT member.

UFT members who are currently enrolled in the Board of Education Retirement System have the option to transfer into the Teachers’ Retirement System, under a new state law signed by the governor.

One of the many benefits provided by the Teachers’ Retirement System (TRS) and the Board of Education Retirement System (BERS) is the ability to borrow against your Qualified Pension Plan and your Tax-Deferred Annuity (TDA) savings.