How to choose a 403(b) vendor

How to pick, or evaluate, a 403(b) vendor? It’s often not as simple as how the rep explains the product. Find out how with our in-depth steps.

I’m retired from teaching, now what?

This new phase of life can bring a sea of emotions, and many of them can be unexpected. However when it comes to planning what to do with your time – which can span decades – it pays to put some deliberate thought into it.

The Sterlings (Part 6): One Investment or Many?

Feeling pressure to put all your eggs in one basket? The right financial advisor should help you design a plan that’s as multifaceted as your goals.

Why (almost) every teacher shouldn’t use a 403b

A 403(b) is the staple of a teacher’s retirement savings plan – it’s not abnormal to run into a salesman in the hallway or teacher’s lounge, so many teachers end up using them. But they may not be the best account to use, and in many cases, many teachers shouldn’t be using them.

Social Security, WEP and a Teacher’s Pension [VIDEO]

If you’ve earned Social Security benefits on your record (40 credits or 10 years of working), you are eligible for Social Security benefits. However, your pension will reduce the amount as to how much you’re eligible. The part of the Social Security code which determines this is called the “Windfall Elimination Provision (WEP)”.

What will Bruce Rauner’s new budget mean for Illinois teachers?

In reading the summary of the new budget, it seems that every teacher will be affected by upcoming changes, and teachers who are relying on their pension being a certain amount may need to adjust their assumptions of what retirement might look like

Should I upgrade my pension to 2.2? [VIDEO]

Illinois teachers need to understand if they should upgrade their TRS pension to the 2.2 factor. Should you do it?

Illinois teacher’s retiree health insurance: TRIP or Obamacare?

For Illinois teachers who retire before age 65, should they choose TRIP or Obamacare for medical insurance? Or something else?

How should I invest my 403(b)?

Do not let your 403(b) representative tell you how you should be invested – challenge their decisions and decide for yourself.

Listen, investing as a teacher is COMPLICATED!

Given the fact that there will be a pension in play, do you invest more conservatively? Or should that be more aggressively?