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Posts Tagged ‘salary’

June 1st, 2010

What is the Teacher Retirement System?

(Money Manager) - Teacher retirement systems are offered by individual states, for the purpose of offering pension and retirement benefits to teachers and other qualifying education system employees. These systems can vary widely from state to state in the way they are funded and how the contributions are made. There are also differences in how the percentage of the teacher's final salary is calculated according to the plan and how a teacher qualifies for the pension. There are also differences in the portability of the pension benefits.

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September 15th, 2008

Choosing a Retirement Plan

(Money Manager) - Sometimes it seems as though everyone has a 401(k) plan these days. Did you ever consider getting one yourself but just don’t know how they work? Have no fear. We’re with the government and we’re here to help you. Really.

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September 9th, 2008

401k

(Money Manager) - A 401k is a type of employer-sponsored retirement plan. It is a way for employees to save for their retirement by having a certain percentage of their paycheck withheld by their employer and deposited into the company's plan. Employers can choose to match the employee's contributions and thereby share the profits of the company with their employees. The plan is usually operated through an investment firm.

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