With five easy tips, you can start saving for retirement as an educator. Having a financial plan and understanding of your personal finances is the gateway to opportunity when it comes to your retirement.
457b is a tax-deferred retirement plan. This plan allows individuals to save funds for retirement while also placing funds aside to supplement funds from their pension.
As a public-school teacher, you are likely entitled to a pension for retirement. But did you know your pension will only be a fraction of your retirement savings?