Financial planners have traditionally been skeptical, to say the least, of annuity products. These products provide some guaranteed income with the potential
President Biden’s administration has outlined a tax policy built upon the agenda introduced during his campaign. Biden’s tax plan focuses on raising taxes on
We all want to take charge of our spending. There are many circumstances where you get tempted to spend more than what you bring in each paycheck. This puts you
What is ESG?
Environmental, social, and governance (ESG) is the newest trend in investing that has seen explosive interest among investors. Morningstar
For teachers currently enrolled in TRS, you may be asking yourself, what is the Rule of 80? TRS is the defined benefit retirement pension plan for public
What are FSAs?
In March 2019, 14 percent of private industry workers had access, and 37 percent of state and local government had access to Flexible Savings
What are Target-Date Funds?
Target-date funds are essentially one mutual fund you can save for your 401(k) retirement plan. You would pick your target
Creating a financial plan may seem overwhelming to those that have never completed one, but taking the first steps to create a plan is much easier than you may
Many pension plans offer an array of options to take your pension when you retire. One option is the lump sum. This is an important decision to make as once it
For many Texas teachers who will receive TRS, you should understand the rules for getting Social Security. If you have paid into Social Security and expect to
For those in the education field, such as teachers, professors, and administrators, it incumbent upon them to save for retirement. One of the benefits of
Goal-Based Financial Planning
Goal-based financial planning has become extremely popular in personal finance circles. This is where you prioritize your
