I have been with my current district, Denver Public Schools (DPS), for 21 years. Prior to that, I worked for two years in other districts in Colorado. At the beginning of my employment with DPS, it was the only district in a separate state retirement system so I took out the $3,000 I had contributed my first two years teaching and put it in an IRA.
As a teacher in CA I will have a pension when I retire. Many financial authors say that the pension serves as the "conservative" portion of the portfolio, and thus a 403(b) should be more waited towards stocks. Thoughts?
December 2, 2013
Breakdown of 401(k) plan costs; Key takeaway: bigger plan = less costs. [Bank Rate]