Finance Friday - Comparing 457b and 403b Plans - Which One Is Suitable for You One Is Suitable for You (Guest Post)
If you are a teacher and want to start saving early for your retirement, it is a good decision. It’s never too early to save your hard-earned money in a retirement fund and use it later. And considering the financial downfall in 2020, it should be our prime new year resolution for 2021!
One of the best ways to perform this task is to sign up for employer-sponsored and tax-favored retirement savings plans. There are two plan types - the 403(b) and the 457(b). The two accounts have several things in common, but they also have some key differences.
Let’s check out the differences between these two plans and choose which one is best for you.
2019 is ending in a few days. I'm going to take a moment and reflect on my finances this past year. I've always cared about finances, but 2019 is when I REALLY cared and started to rethink my financial goals. In the second half of 2019, I made quite a few major financial moves. I'll share with you what lessons I learned this past year, especially in the area of investing. Hopefully it will help you as well.
Happy Friday! For many of us, it's the start of the holiday break! Thank you so much for your hard work! You deserve it!
As the year wraps up and tax season looming around the corner, it's probably a good time to start reevaluating your finances. Today's topic is Public Service Loan Forgiveness (PSLF) that some of us should qualify for. I'm on it myself and it's a frustrating process. Let's talk about what it is, the pros and cons of PSLF, and its considerations.
Finance Friday - How I Manage My Personal Finances (as a “Broke” Educator) - Introducing Personal Finance
This post is an update and a re-launch of Chang the World’s personal finance section - Finance Friday! In this section, I will be diving into a variety of topics that you may find useful. Future posts will be topic specific complete with resources you can use for yourself or your students!
I have a lot of interests; personal finance being one of them. This is one of those subjects that should be taught in school. It’s so huge that I incorporate it into my economics class ever since my first year. Let’s face it. Most students are more likely to use personal finance skills straight out of the classroom than wonder about how the supply & demand of eggs are affecting its prices. I wasn’t taught it in school and “life skills” ALWAYS come up whenever you ask students what they want to learn.
I'm Jayson, a high school social science teacher with a strong passion for social justice and public education issues.