Most of the public school districts in Texas have TRS as their pension but do not pay into Social Security. So these teachers will get no benefit from Social
There are several reasons Roth IRAs are an excellent opportunity to save money for retirement. You put in after-tax money now, so there is no immediate tax
Professors, administrators, and staff in public higher education institutions in Texas have many different options for retirement plans.
Professors
The FIRE movement, or Financial Independence, Retire Early, is popular among millennials, especially in corporate careers who want to gain financial
A recent 2020 survey of members of TRS showed that younger active TRS members are less confident that they will have enough money saved for their retirement.1 T
Key Takeaways:
1. Maximize your TSP
2. Save in a Roth IRA
3. Have an emergency fund
4. Rental real estate
5. Open a brokerage account
6. Pay down debt
Key Takeaways:
Pros of TSP Rollover: Full control of investments, more investment options, portability, professional money management
Cons of TSP Rollover
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
Financial planners have traditionally been skeptical, to say the least, of annuity products. These products provide some guaranteed income with the potential
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
