Since 1970 the Board of Trustees of the Teachers’ Retirement System of the City of New York has administered a Tax-Deferred 403(b) Annuity Plan (TDA) as a convenient way for TRS members to supplement their fixed dollar pensions.
With that said, TDA offers six investment choices. By far, the Fixed Return Fund is the most popular. Roughly 70 percent of TDA investment holdings is in the Fixed Return Fund.
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