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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)
Most Colorado educators are generally aware of the formula that calculates their PERA pension benefit: Years of Service Credit x 2.5% x Highest Average Salary (HAS) They also are generally aware of which HAS Table they use so they know when they qualify for a "full" retirement (non-green-shaded areas of your HAS Table). If you … Continue reading Colorado PERA Retirement Options 1, 2 and 3
First, a caveat. Health care - and health insurance - are complicated and nuanced topics that are heavily influenced by individual circumstances and options. The following post should be generally applicable for folks who are in a similar situation as we are, but you should always investigate the particulars for your situation carefully. This post … Continue reading Health Insurance: PERACare vs. the ACA Marketplace
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
I was recently interviewed on the Teach and Retire Rich Podcast (also available here). It’s…not horrible (although I do sound like I’m yelling). My books that are mentioned (and resources) If you want to help co-author another state.
Fisch Financial 