Cherry Creek Public Schools Single-Vendor 403b Plan: Is It The Best Choice?

I've written before about 401k, 403b, and 457b retirement plans and the similarities and differences between them. Unfortunately, many school districts offer some truly horrible 403b plans (listen to Learned by Being Burned for more info). But there has been a positive development lately in that some school districts, typically large ones, have now started … Continue reading Cherry Creek Public Schools Single-Vendor 403b Plan: Is It The Best Choice? →

Denver Public Schools Single-Vendor 403b Plan: Is It The Best Choice?

I've written before about 401k, 403b, and 457b retirement plans and the similarities and differences between them. Unfortunately, many school districts offer some truly horrible 403b plans (listen to Learned by Being Burned for more info). But there has been a positive development lately in that some school districts, typically large ones, have now started … Continue reading Denver Public Schools Single-Vendor 403b Plan: Is It The Best Choice? →

401ks and 403bs and 457bs, Oh My!

The Individual Retirement Account (IRA) is well-named. (Technically, the 'A' actually stands for "arrangement", not account, but everyone just says account.) It describes really well what the account is for (although the details around it can still be confusing), and people quickly grasp the concept. The same can't be said, unfortunately, about employer-sponsored retirement plans. … Continue reading 401ks and 403bs and 457bs, Oh My! →

Illinois TRS SSP: A Good (but not great) 457 Plan

The Teachers' Retirement System of Illinois (TRS) is rolling out a new 457b plan in January of 2022 called the Supplemental Savings Plan (SSP). This does not change anything with the TRS pension, but is simply an optional additional tax-advantaged savings vehicle. This post will look at the pros - and cons - of this … Continue reading Illinois TRS SSP: A Good (but not great) 457 Plan →