Archive | Retirement Planning

401k Trustees - It's Time To Review Your Plan

401k Trustees – It’s Time To Review Your Plan

It isn’t lost on small business 401k trustees that these plans are not for the faint of heart. Endless changes in regulations and increased scrutiny leave some small business owners wondering why they even bother offering a plan at all. Keeping the plan in compliance and maintaining an investment platform can leave any seasoned business owner […]

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Tax-deferred vs Tax-free Investment Accounts

Tax-deferred vs Tax-free Investment Accounts

Tax-deferred vs Tax-free is a concept that is key to making good financial planning decisions. Most retirement accounts fall into these two categories. It’s critical to know which ones are which. It is also worth noting, this concept applies to more than just retirement accounts. Choosing which investment account to use for health and education […]

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403b Plans And What Teachers Need To Know

403b Plans And What Teachers Need To Know

Retirement investing for teachers can be confusing. In addition to pensions, teachers can have access to 403b and 457 plans. There are also considerations related to Social Security. It’s no wonder many teachers are scratching their heads. 403b plans were first introduced roughly 50 years ago. They are sometimes called Tax Sheltered Annuities or TSAs. Long ago, annuities were the […]

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CalSTRS Won't Be Enough

CalSTRS Won’t Be Enough For Retirement

CalSTRS won’t be enough for your retirement and I know that sounds harsh. While having a pension can bring a sense of comfort, teachers must resist this false sense of security. Relying on your teacher’s retirement pension alone might be harmful to your financial health. According to the California Teachers Association website CTAinvest.org “the median CalSTRS pension […]

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