Inclement Weather Policy

Fraud, Waste & Abuse Hotline

P:  (540) 464-7322
F:  (540) 464-7299 

Human Resources Office
Virginia Military Institute
305 Letcher Avenue
Lexington, VA 24450

A Tax Shelter Annuity is a voluntary savings toward your retirement. Employees may contribute up to 100% of their gross annual salary not to exceed $17,500 if under age 50. If 50 years old or more, participants may shelter $23,000 for the 2014 tax year. Anyone receiving a W2 form from VMI may participate in this program. Contributions may be changed at any time by completing a new TSA Salary Reduction Agreement. Because this is a retirement savings, there is a penalty for withdrawal of funds before the age of 59 1/2.  Contact the VMI Benefits Office for more details.