K-12 Employess
Teachers, administrators, and staff at K through 12 public schools are able to save money for retirement using a variety of supplemental retirement plan options. These include 403(b) and 457(b) tax deferred plans.
What should we talk about:
Increase understanding of pension benefits from STRS
Understand supplemental retirement options available to you as a K-12 employee (403b/ Roth 403b/ 457/ Roth 457).
Discuss tax deferral strategies.*
Understand the payout options at retirement from STRS
Discuss benefits of taking a Partial Lump-Sum Option Plan (PLOP)
Plan for your Required Minimum Distributions (RMD)
* Neither Voya Financial Advisors nor its representatives offer tax or legal advice. Please consult with your tax and legal advisors regarding your individual situation.