Teachers in Connecticut contribute to the state Teachers’ Retirement System and are eligible for a pension when they retire—but how else can teachers save for retirement and make sure their financial decisions benefit themselves and their families?
In the latest episode of CEA’s podcast, LEARN Education Association President Kristin Gemaly joins CEA President Kate Dias and Vice President Joslyn DeLancey for a conversation about what teachers need to know when it comes to investing for retirement and planning for the future.
The episode covers the power of compound interest, pre-tax vs. post-tax retirement investing, dependent care flexible spending accounts, health savings accounts, the importance of knowing whether a financial advisor is a fiduciary, and more.
Resources mentioned in the episode are below.
- Nerdwallet.com compound interest calculator
- A tool from 403bwise.org for evaluating district 403(b) plans
- Questions to ask before working with a financial professional
Listen to the episode below, or wherever you get your podcasts.
