I have found that there is a lack of sound financial planning advice that is specific to higher ed faculty and staff. I decided to change that. Here you will find articles that will give you actionable advice and tips for managing your benefits, accumulating wealth, and planning for retirement. As a higher education professional, you have many unique financial planning opportunities. Let’s explore them together.
Many universities and colleges offer access to both a 403(b) plan and a 457 plan. A question I get often is, “Can I contribute to both a 403(b) and a 457 plan?” The answer is yes. If your employer offers both, you can contribute to (and max out) both. Let’s take a closer look at the [...]