What Is a 457(b) Plan and Can California Educators Use It Alongside Their Pension?
What Is a 457(b) Plan? A 457(b) plan is a retirement savings account often offered to public employees, including some school and government workers. It allows eligible employees to save money from their paycheck for retirement, usually on a pre-tax basis, Roth...
How Do You Compare 403(b) Providers Offered by Your California School District?
Choosing a 403(b) provider through your California school district can feel confusing because the decision is not just about opening another retirement account. It affects how you save, how much you pay in fees, how your money is invested, and how your supplemental...
Roth 403(b) vs. Traditional 403(b): Which Is the Better Choice for California Teachers?
For many California teachers, retirement planning is not just about having a pension. A CalSTRS pension can be a strong foundation, but it may not replace your full working income. That is why many educators also look at supplemental savings options, including Roth...
What Is a 403b Plan for California Teachers and How Does It Work?
If you are a teacher in California, you have probably heard about the 403b plan. Maybe someone at your school mentioned it during an enrollment meeting, or a plan representative stopped by your district to talk about retirement savings. But most educators walk away...