On December 3, 2021, the recordkeeper for PERA's 401k, 457 and DC plans will change from Voya to Empower. This is a result of a request for proposals and PERA staff and the Board looking at the submissions. Your investing choices will remain the same, you'll simply login to Empower's website which should hopefully provide … Continue reading PERAPlus 401k/457/DC: New Recordkeeper, Same Fees (almost)
Like many teachers, the first time I heard about the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), my first response was, “That’s not fair!” Why should my Social Security benefit (by WEP) or Social Security Survivor’s Benefit (by GPO) be reduced simply because I worked as a public employee and earned a pension … Continue reading Are the WEP and GPO “Fair”?
Inspired by some of the work Ben Johnson has been doing, I decided to revisit two posts I've previously done on the retirement plans (401k/403b/457) available through Littleton Public Schools and Douglas County Public Schools. (Note that the expense ratios are slightly lower now than when I wrote those posts.) It's probably worth reading at … Continue reading Fees Matter: Vanguard, PERA, TIAA and MetLife Comparison