Test Your Knowledge
CalSTRS / CalPERS
403(b) / 457 Plans
Saving and Spending
Insurance and Estate Planning
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See all FAQs
See all FAQs
403(b )/ 457 Costs and Surrender Fees
How does a variable annuity differ from an enhanced plus variable annuity? As an example, an enhanced...
I am a new teacher and would like to start a 403(b) ...
I need info on 3rd party TPAs. Our district has a list and we can only use those. What about the...
Is there a maximum contribution amount?
Should teachers paid tenthly be aware of any restrictions or rules governing contributions made only ten times...
Can 403(b) funds be used to buy individual stocks? If so, can an individual manage the 403(b)?
I want to maximize contributions to my 403(b). I am 56 years old. Is my maximum contribution amount the 8% of...
My sister-in-law is trying to sell me “tax-free retirement life insurance.” What can you tell me about this investment?
I am currently contributing to a 457 plan and a 403(b). Can I consolidate the 403(b) and the 457 so I only have...
For years I have had a vendor’s low-risk 403(b) that gives at least 4.5% guaranteed interest and I was told...
Can I transfer my TSA with a company not on my district's approved list to another TSA?
Are contributions to a 403(b) required to be in regular monthly paycheck deductions?
I am 36 and would like to start a 403(b) or 457 plan. I would like to put $200 a month into the plan that...
Could you advise me on finding a CTA-approved financial retirement counselor?
I just discovered that my 403 (b) annuity includes surrender charges. What should I do?
If I'm in an annuity with surrender charges in my 403(b) and I have a "term," is that for all the money going in?
What is the main difference between a 457 plan and 403(b) plan, and how much can I contribute to both?
What's the maximum I can contribute to my 403(b) and 457 every month?
What is the best way to invest if you are 60 years old? Is it too late to start?
I am changing districts. Can I transfer my 403(b), and will I have to pay any surrender fees?
I have some money in the 457 plan, but am tired of not having very much control over it. Can I buy...
I have two 403(b) plans but am losing money and really don't know how much I am paying in fees...
How do I know if I can use the catch-up provision and how far back can I go?
What happens to my 403(b) contributions if I should die?
A teacher is complaining about the huge tax taken from her 403b on retirement. Why is CTA for 403(b)?
Does STRS offer a 403(b) plan? If so, is there a fixed interest rate plan at or above 3%?
Mutual Fund Investing
What is the average cost ratio for funds?
Are target date funds, which adjust diversification automatically, preferable to investing...
what questions to ask my advisor to get a straight answer.
Can I switch within the Oppenheimer family or even other approved sources within my school district?
Can I invest directly in mutual funds within my 403(b) and, if so, what should I look for?
It’s not the Social Security I worry about, it’s the Medicare. Don’t I have to pay out of pocket for it once...
I pay into Social Security through one job and also pay into CalSTRS. How does that affect my retirement?
What is the Social Security Windfall Elimination Provision and how does it affect me?
403(b)/457 Loans / Withdrawals
I am going on maternity leave and would like to take extra time off. Can I take out money from retirement?
Can I take out a loan from my retirement account?
Can a portion of my 403(b) be rolled over to fund a 529 plan for my granddaughter?
What are the pros and cons of taking a loan from my 403(b) plan?
What questions should I ask my 403(b) advisor when I sign up?
Individual Retirement Accounts
Can I move an IRA over to the 403(b) plan?
Recently I had an unexpected windfall and put $6,000 in an IRA (I am 65). Can I also contribute...
Can you still work at the school that you're employed at and roll your 403(b) plan into an outside IRA?
I am a teacher, age 67. I have an IRA-403(b), but have not contributed to it for a year. Am I eligible...
What are the pros and cons of rolling over an IRA to a Roth IRA?
I have a 403(b) and am substitute teaching. Can I also have an IRA?
I have a Roth IRA. Can I get a Roth 403(b) also? Can I sign up regardless of my district?
Savings and debt
Why is a big, long mortgage smarter than being debt-free at retirement?
What's the best way to save money while paying back high-interest credit cards?
Should I pay off high-interest or small-balance credit cards first, or does it matter?
Purchasing Service Credit
I missed two weeks early in my career due to problems. Is there a way to make up this time?
I will have 20 years in teaching in 2019. I will be 58 years old. Moneywise, what is the difference between...
I used some of my 403(b) annuity to buy service years.
Can I use my 403(b) annuity to buy 'service years'?
Is it worth $20,000 to buy a year of CalSTRS service credit?
How does life insurance factor into making decisions on retirement?
What benefits are available to a beneficiary?
I'm interested in learning more about long-term care insurance.
I have been teaching for eight years. I want to quit teaching and take out my retirement. Can I take my retirement...
What percentage of my income should I save for retirement each year?
My husband's company matches his 401(k). Should I be contributing to a 403(b) account also?
My husband just passed away and I will be receiving his retirement. What is the best thing to do with it?
Is it possible to personally meet with someone who can help me invest my money?
I want to invest in a tax-deferred account for my children's college education. Do we have this plan in CA?
What are the pros and cons of using a 529 plans for my kids' college?
Should I have life insurance, and if so, what type?
Should I have a trust or a will?
Financial Tools for Educators