PreK-12 Educators

L.A. Teachers: LAUSD’s Award Winning 457(b) Plan Presentation 2

L.A. Teachers: LAUSD’s Award Winning 457(b) Plan Presentation

Posted by on Mar 31, 2016 in Financial Education/Literacy, LAUSD Employees, Laymen to Laymen Financial Information, PreK-12 Educators, Retirement Planning

The first 100 Retirement Investment Workshop participants will get a complimentary paperback copy of Fighting Powerful Interests! (You can also get my free book right now on this blog as an eBook).
To register for the Saturday, April 16th workshop at UTLA headquarters, call Evy Vaughn, UTLA Conference Secretary (213) 487 5560 or register online by clicking “Learn More” below.

Learn More

What can 2.5 months do to my boring portfolio performance?

Posted by on Mar 19, 2016 in Beginning Investing, Consumer Finance, Do it yourself investors (DIY), LAUSD Employees, Laymen to Laymen Financial Information, PreK-12 Educators

The first six weeks of the new year was a bust for the stock market. But in the seventh week something magical happened–it turned bullish. Oil prices went up and our Federal Reserve Board remarks on the status of the economy was neutral, along with a thousand other economic moving parts. I ignore all of the noise and stick with my planned portfolio allocation.

Learn More
Welcome UTLA Members! 0

Welcome UTLA Members!

Posted by on Feb 26, 2016 in LAUSD Employees, PreK-12 Educators, Retirement Planning

Hi UTLA Members!
My name is Steve Schullo, and I assume you are here because of my ad in the United Teacher newspaper (If not, that’s okay too). I am very excited you took the time and effort to come here. My blog is a topic that is rarely talked about in our educational circles: retirement planning using the district’s 403(b) and the newer 457(b).

Learn More
How to manage your classroom budget with four fun lessons 0

How to manage your classroom budget with four fun lessons

Posted by on Dec 29, 2015 in LAUSD Employees, PreK-12 Educators

Because I am a retired teacher, from time to time I will post guest articles from other teachers anything about money management and classroom instruction. Susan Lee wrote an excellent article for teachers on how to fund educational projects with your money. As teachers, we all know that we spend hundreds of dollars each year to purchase supplies and other materials for those special projects. Susan skillfully integrates her ideas with the four major subjects: English, Math, History, and Science.

Learn More
K-12 School Districts and NAGDCA: Will They Ever Get Together? 0

K-12 School Districts and NAGDCA: Will They Ever Get Together?

Posted by on Dec 14, 2015 in Fiduciary Standard, Financial Education/Literacy, LAUSD Employees, National Save for Retirement Week, PreK-12 Educators

Before I report on my takeaways from this year’s conference, I want to discuss the background of NAGDCA and what this wonderful professional organization does for us. Our Los Angeles Unified School District “Retirement Investment Advisory Committee” members may not realize how important NAGDCA is in supporting and assisting us with our ultimate goal of reforming the 403(b) into a fiduciary powerhouse. Public K-12 403(b)s have never been a fiduciary. Thus, LAUSD took advantage of showing the world by providing a fiduciary example with our Award Winning 457(b). Sandy and I thank the committee for voting to pay for our expenses in each of the last four years. We thank Benefits Administration for paying the annual NAGDCA governmental membership fees. Without LAUSD’s institutional membership, Sandy and I could not attend. Finally, we thank this great organization for doing the right thing for all public sector employees.

Learn More