Retirement Security Is Higher for Veteran Teachers Than for New Entrants
More than 63% of new teachers will likely leave the classroom before they reach a decade of service in the...
Tag: K-12 403(b) plans
K-12 Educators Prefer Advisers for Retirement Planning
Educators who work with an adviser are nearly twice as receptive to learning about managing finances from social media as...
K-12 School Districts: Your Employees Are Confused About Retirement Benefits
Increased education and simplification will allow K-12 employees to better understand their options and how they can combine their benefits...
K-12 Public School Employees Need Retirement and Financial Planning Help
Personalized, holistic financial education through various mediums can make up for the one-on-one provider meetings they were used to before...
Engaging K-12 Employees With Retirement Saving in a Changed Environment
A mix of virtual and in-person education and planning, along with digital tools, is helping meet the needs of K-12...
Provider Choice Shown to Help K-12 Employees Save More for Retirement
Relationships are important, especially considering the differences between the K-12 403(b) market and other DC plan markets.
Opinions |
An Inside View of a K-12 Retirement Plan Consortium
A case study for a Public K-12 403(b)/457(b) plan consortium offers considerations for school districts about adopting this model.
K-12 403(b) Plan Participants Hungry for More Retirement Planning Help
Participants need more information about how their plan and investments work, a survey reveals.
New Models Continue to Be Introduced for 403(b) Plans
K-12 and university 403(b) plan sponsors have turned to multiemployer plan solutions—the latest of which is launching in Indiana.
State Laws Prevent Single Provider for Some K-12 403(b)s
Yet another law requiring multiple providers for K-12 403(b) plans is reigniting the debate over whether more choice is good...
Pennsylvania Law Requires Multiple Providers for School District 403(b)s
Some players in the K-12 403(b) plan marketplace say the multiple-provider model leaves plan sponsors with an unworkable number of...
Financial Professionals Improve Retirement Results for K-12 Educators
The median account balance for K-12 educators surveyed who work with a financial professional is $40,000 versus $21,000 for those...
K-12 403(b) Recordkeeping Requires a Number of Players
K-12 public school 403(b) plans haven’t changed as much as plans in other 403(b) market segments—mostly keeping the multiple-provider model—so...
Study Finds Link Between Lower Participation and Fewer Choices in K-12 403(b) Plans
Research published by NTSA also finds a 203% increase in average contribution rates among plans providing access to 15 or...