Home > Benefits > Tax Saver Benefit

Tax Saver Benefit (TSB)

The TSB plan is designed to save tax dollars when you pay for IRS eligible expenses.  When you elect to set aside salary contributions into one or both of the TSB expense reimbursement accounts, the contributions are not subject to federal, state, local or FICA taxes. This can mean substantial savings.  The TSB accounts are administered by the Nyhart Company.

Eligible full-time (75% FTE or more) Academic (including IU Residents) and Staff employees are eligible to participate in either or both reimbursement accounts:

In order to receive a reimbursement from either TSB account you must submit a direct deposit form to Nyhart

What do you want to do?

Useful forms and publications in PDF