Teach and Retire Rich

Scott and Dan were all set to attend the National Tax-Deferred Savings Association's conference in Denver this weekend and then Scott got an email. 

Also, 403bwise.org releases a What is a 403(b)? video

• Meridian Wealth Management
• 403bwise.org

Scott thinks a new 457(b) rule could make that plan a better choice than the 403(b). 

Pod #63: The 457(b)

Meridian Wealth Management

403bwise.org

Scott thinks a new 457(b) rule could make that plan a better choice than the 403(b). 

 

• Pod #63: The 457(b)
• Meridian Wealth Management
• 403bwise.org

Today’s guest, Rob Phelan, who we are jokingly dubbing Rob FI-elan, is the kind of teacher you wish you had or that your kids had. Not only does he teach them personal finance concepts, he teaches them how to start their own business. He is also part of the FI or Financial Independence movement which means he has several side hustles.  

The Simple Startup

Rob’s Teachers Pay Teachers page

Meridian Wealth Management

403bwise.org

Today’s guest, Rob Phelan, who we are jokingly dubbing Rob FI-elan, is the kind of teacher you wish you had or that your kids had. Not only does he teach them personal finance concepts, he teaches them how to start their own business. He is also part of the FI or Financial Independence movement which means he has several side hustles.  

• The Simple Startup
• Rob’s Teachers Pay Teachers page
• Meridian Wealth Management
• 403bwise.org

Teacher Chris Nye, who we are dubbing the "403(b) Guy" is remarkable. Not only has he gotten better vendor choices for his district, he has helped countless teachers via educational workshops and one-on-one meetings. His work has led to T. Rowe Price and Vanguard being available.

Jackson School District

New Jersey Education Association

403bwise.org Advocacy Tools and Resources

Meridian Wealth Management

403bwise.org

Teacher Chris Nye, who we are dubbing the "403(b) Guy" is remarkable. Not only has he gotten better vendor choices for his district, he has helped countless teachers via educational workshops and one-on-one meetings. 

• 06:00 AXA guy cometh
• 07:02 Need 25 colleagues interested to add T. Rowe Price
• 08:27 Educating colleagues
• 11:06 Helping colleagues get out of bad choices
• 11:56 Colleague inspired to add Vanguard
• 13:35 How to become a 403(b) advocate
• 17:40 Importance of investing costs
• 22:20 Threats from salespeople?
• 24:04 Speaks to all new employees
• 27:25 Will soon speak to all employees
• 29:06 A true passion
• 29:29 Teaching personal finance
• 32:08 What’s next?

Jackson School District New Jersey Education Association

403bwise.org Advocacy Tools and Resources

Meridian Wealth Management 403bwise.org

In this last pod of the year we answer some reader questions, give a preview of some 2020 403bwise initiatives and Dan reads a poem called: How the TPA Grinch Stole the 403(b).

00:34 Jibberish including discussion of Star Wars and German soldiers on crystal meth 04:35 403bwise Facebook Group killing it 07:09 Dan gets and misses a Facebook Inquiry from a TV Reporter 08:15 Dan Flynn has a word generator 09:46 Traditional IRA vs. Roth IRA (pre-tax vs. Roth) 18:11 Special Medicare Tax 20:44 403(b) and 457(b) 2020 contribution limits 26:20 403bwise 2020 initiatives  30:34 How the TPA Grinch Stole the 403(b)

Hidden Payments and Costly Plans Dent Teachers’ Retirement Savings

Texas Teachers Told to Take Closer Look at 403(b) Retirement Plans as New Law Takes Effect

How the TPA Grinch Stole the 403(b)

In this last pod of the year we answer some reader questions, give a preview of some 2020 403bwise initiatives and Dan reads a poem called: How the TPA Grinch Stole the 403(b).

00:34 Jibberish including discussion of Star Wars and German soldiers on crystal meth 04:35 403bwise Facebook Group killing it 07:09 Dan gets and misses a Facebook Inquiry from a TV Reporter 08:15 Dan Flynn has a word generator 09:46 Traditional IRA vs. Roth IRA (pre-tax vs. Roth) 18:11 Special Medicare Tax 20:44 403(b) and 457(b) 2020 contribution limits 26:20 403bwise 2020 initiatives  30:34 How the TPA Grinch Stole the 403(b)

Hidden Payments and Costly Plans Dent Teachers’ Retirement Savings

Texas Teachers Told to Take Closer Look at 403(b) Retirement Plans as New Law Takes Effect

How the TPA Grinch Stole the 403(b)

In what we are jokingly calling an emergency pod, we discuss the just released article Teachers Pay High Fees for Retirement Funds. Unions Are Partly to Blame. by Anne Tergensen and Gretchen Morgenson of The Wall Street Journal. This is the union-focused 403(b) article we have been long hoping for. 

• Teachers Pay High Fees for Retirement Funds. Unions Are Partly to Blame.
• Meridian Wealth Management
• 403bwise.org