The most common type of defined contribution plan for teachers is the 403 (b) plan. Closely resembling the private sector’s 401 (k) plans, a 403 (b) lets you have money deducted from your paycheck and ...
School workers in states where districts don't participate in Social Security are poised to see bigger monthly checks.
Q: I am 41 years old, and my wife and I are both public school teachers. We’ve been contributing ... Your current retirement savings into 403(b)s provides tax benefits to you now, but may ...
“Teachers who don't receive Social Security benefits due to their state's policies have a unique challenge, but there are steps they can take to ensure a secure retirement,” says Eliza ...
President Joe Biden signed the Social Security Fairness Act into law on Jan. 5 , prompting hundreds of thousands of educators across the country to wonder whether they’d benefit from the new policy.