An advantage we have where I teach is being able to save in both a 457 plan and a 403(b). We have the option of using the traditional pre-tax 457/403(b) or a Roth 457/403(b). This year, I’m planning on contributing to
We need to keep up with the times. Updated online automated banking accounts, homesharing, ridesharing and rewards travel credit cards are a few of the icons that are used and enjoyed by those in the Financial Independent community. But the
An annual fee of 0.2% produces a difference of $39,493.01 over 20 years compared to a 2% annual fee. Your total investment balance could be $215,865.03 if you save $200 every two weeks for 20 years, making deposits at the
Straight from the keyboard at CNBC’s Darla Mercad0, and just in time. Save yourself ten’s of thousand’s of YOUR dollars by taking action. Nobody else will do this for you.
I could see how the conversation was going to end. And it wasn’t good. This particular teacher sought out my advice and wanted to know what the real deal was on fees. We agreed that everyone deserves to earn a
In certain districts in some states, an alternative deferred compensation plan is offered instead of or in addition to a 403b plan. In my small district in the state of NY, we have a little-known savings plan called a 457.
No joke, I read this while doing research for our upcoming lesson on career exploration within the personal finance unit. The employer is clearly not interested in a candidate’s financial credentials: “The ideal candidate will have at least 3 years
You’re going to have to agree that building wealth is simple if you let the magical effects of compounding take over. Try it for yourself on this financial calculator.
Working for X number of years to get a pension is losing its steam. Going by the wayside are the days of being employed by one or two employers throughout one’s lifetime, and with it, a secure pension. For teachers, the trend