Retirement Planning for Teachers and Public Employees
Educators and public employees have a unique set of retirement income options available to them. When attempting to diversify and optimize your retirement portfolio, it can be difficult to research all of the options to find the best solution for you. At Appreciation Financial, we will make sure your teacher retirement plan sets you up for the success you deserve.
403(b) Retirement Plans
403(b) plans are similar to 401(k) plans on the surface, however 403(b) plans are actually tax sheltered annuities, meaning that the funds in a 403(b) plan are not taxed until they are withdrawn. When selecting a plan upon being hired, your employer will likely present you with multiple plan options. Choosing the wrong option for your individual or family needs in retirement could have a large impact on your future.