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Blog

Chris Reddick | May 1, 2024

Should you use the Texas College Savings Plan?

college savings

What is a 529 Plan?

I often get the question of whether to use the Texas College Savings Plan. So, a 529 college savings plan is like a special savings account

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assorted-color balloons on air by Sagar Patil courtesy of Unsplash.
Chris Reddick | Mar 8, 2024

Maximizing Your Retirement: The Benefits of Saving in a 403(b) Plan Alongside Your State Pension

Retirement

Introduction

Planning for retirement is a crucial aspect of financial stability and security, especially for those working in public sector jobs. While many

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brown concrete building by Zhanhui Li courtesy of Unsplash.
Chris Reddick | Feb 11, 2024

Four Penalty-Free Options for Withdrawing Money from Your 529 Plan

college savings

Introduction

529 plans offer families a tax-advantaged way to save for education expenses, but life doesn't always go as planned. Fortunately, there are

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Chris Reddick | Jan 14, 2024

Common Mistakes Corporate Employees Make With Target Date Retirement Funds

Investments

Target date funds have become very popular in corporate 401(k) retirement plans. Employers began adopting target-date funds with greater regularity after

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Chris Reddick | Dec 2, 2023

What are the Retirement Challenges for Texas Teachers?

Despite the importance of teachers in Texas educating, mentoring, and nurturing our children, we are not preparing them enough for retirement. A 2020 poll

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selective focus photography of railroad by eberhard 🖐 grossgasteiger courtesy of Unsplash.
Chris Reddick | Nov 12, 2023

Unlocking Your TSP: Strategies for Penalty-Free Withdrawals Before 59.5

Retirement

Early retirement from the federal government requires careful consideration and planning. The federal government's Thrift Savings Plan (TSP) is a valuable

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three fireman preventing fire during daytime by Matt C courtesy of Unsplash.
Chris Reddick | Oct 27, 2023

The Benefits and Drawbacks of DROP Pensions for Public Sector Workers

Pension

Introduction

In the realm of public sector employment, retirement planning often takes center stage. As public servants dedicate their careers to serving their

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selective focus photography of multicolored confetti lot by Jason Leung courtesy of Unsplash.
Chris Reddick | Oct 20, 2023

Navigating Federal Retirement: Health Benefits, Pension, TSP, and Insurance

Retirement

Retiring from the federal government is a significant life event, and understanding your benefits is crucial to ensure a smooth transition into retirement. In

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Chris Reddick | Oct 1, 2023

How to Determine the Real Cost of College for Your Child?

College

Key Takeaways:

-The average total cost of college in 2022 was $27,940 for a four-year on-campus public university in-state tuition

-Use the College Scorecard

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Chris Reddick | Sep 13, 2023

Is there a simple way to know if you have enough saved in your 401(k) plan?

Retirement

A question that many financial planners get is: do I have enough to retire? In the past, this was an easy calculation, and you would get a defined benefit

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MacBook Pro, white ceramic mug,and black smartphone on table by Andrew Neel courtesy of Unsplash.
Chris Reddick | Aug 26, 2023

Should You Leave an Old Pension or Roll It into Your 401(k) Plan at Your New Job?

Retirement

Introduction

You may accumulate retirement benefits from different employers, including government pensions, as you navigate your career. This is common if you

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Chris Reddick | Aug 16, 2023

Top 3 Loan Forgiveness Programs for Texas Teachers: Easing the Path to Debt Relief

student loans

Introduction: Teaching is a noble profession, but it often comes with the weight of student loan debt for educators. Thankfully, specialized loan forgiveness

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RICP Retired Income Certified Professional
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