I have about $8,200 in the account right now. I have about $900 in the "matched" account. Our district basically opened up a Terrps account and deposits about $200 or so each year but only if we contribute to a 403b tax sheltered annuity. Also, the district pays us not on how much we contribute but how well our schools perform. Oh, yeah and I also have a mandatory Teacher Retirement Plan that I contribute to.

I know I will have to pay fees on my TSA but I wonder if the Terrps account would balance that out. A TSA is the ONLY option i have through my school district if I want the district to make a contribution into my Terrps retirement account.

By the way, it's the surrender fees that will be waved.

CJ