Image courtesy of debspoons at FreeDigitalPhotos.net The educational leadership is beginning to look out for your best interests. In case you missed it, Click here for my earlier post about the Los Angeles Unified School District’s 457(b), 2nd largest school district receiving a “Plan Design” award. In this blog post, I am thrilled to …
Looking for a GREAT Employer-Sponsored Retirement Plan? Read More »
From Fighting Over Money Issues: To Working Together: We think we have something valuable to say about couple disagreements as we celebrate our 40th anniversary this year. We believe our experience with financial decisions will encourage and inspire all couples, whether lesbian, gay or straight, to see how we worked together despite some inherent money-related …
Rebalancing Our Retirement Portfolio and Our 40-Year Relationship Read More »
Tax-sheltered Annuity’s (TSA) Long, Sordid, and Lucrative Sales History with the Public PreK-12 Educational Culture Since 1961 in California, the Tax-sheltered Annuity (TSA) retirement plan has had runaway sales in the billions of dollars to a very specific clientele: public school PreKindergarten-12th grade educators. Public school employees are familiar with the “TSA” label, which has been …
How Does Irony Explain the 403(b)/TSA “Safe” Money “Guarantees”? Read More »
My name is Steve Schullo, retired LAUSD elementary teacher and former UTLA member. Dan Robertson, also a retired educator, and I created this blog to start a conversation about retirement planning using our district’s volunteer retirement savings plans. This topic is rarely talked about in educational circles. Far too many of our colleagues have no …
Section 403(b) Compliance Guide for Public Education Employers by Ellie Lowder Book Review and an Editorial by Steve Schullo As a retired teacher serving on my district’s 403(b)/457(b) Retirement Investment Advisory Committee, I read this book with great interest. While it’s a compliance guide written for district employers and their benefit administrators, every public education …