TeachersRetire

Are you a PSERS member thinking about retiring a few years earlier than planned?

You are definitely not alone. Jump start your planning by learning how working a few years less can impact your PSERS pension.

https://www.teachersretirepa.com/learningcenter/im-thinking-of-retiring-from-psers-earlier-than-planned-what-do-i-need-to-know/?fbclid=IwAR0hdRzFrUzyg5RSKy-E2u6VvnREUJgSfXZszoAfGUJXUv5tA9TomKtIRJQ

I Want to Retire from PSERS Earlier Than Planned. What Do I Need to Know? - TeachersRetire The 2020-2021 school year is likely the most challenging for Pennsylvania educators in recent memory. It is no surprise that the difficulties of this school year have many teachers, administrators and school staff thinking about retirement. Those who were planning on retiring in the next few years m...

Choosing a PSERS pension option is one of the most important retirement decisions for educators. With 5 options to choose from, it can be a little difficult to know which is best for you and your family.

Learn everything you need to know about each PSERS pension option in 5 minutes or less. Let's get started with the Maximum Single Life Annuity- the option that gives you the most income each month.

PSERS Pension Options Explained in 5 Minutes or Less- The Maximum Single Life Annuity - TeachersRetire The Maximum Single Life annuity (MSLA) provides you the highest monthly payment of all the PSERS pension options. As you may guess, there is a tradeoff for that bigger monthly check. As with each pension option, the tradeoff for the amount of income you receive is what happens with your pension afte...

Are you a PSERS member thinking about retiring a few years earlier than planned? You are definitely not alone. Look at how your 403(b) could help you retire early.

How Your 403(b) Plan Could Help You Retire Early - TeachersRetire Learn how your 403(b) can help you retire early

Teachers do you want to retire early? We know healthcare is one of your largest concerns. Don't be intimidated: there are options! Check out the article below:

PSERS Health Options Program: Your Big 3 FAQs Answered - TeachersRetire Get answers to your top questions about the PSERS Health Options Program

Are you retiring in June and attending PSERS Exit Counseling soon? Make the best of your session by doing these 3 things first.

Don’t Go To Your PSERS Exit Counseling Without Doing These 3 Things First - TeachersRetire Retirement can be complicated for Pennsylvania educators. This is especially true when it comes to making decisions about your PSERS pension benefits. An educator retiring during or immediately after the current school year has to choose from five pension options, decide on how to handle their contr...

The last article of our short series, "PSERS Pension Options Explained in 5 Minutes or Less" dives into Options 2 and 3. Learn why Option 2 or 3 might be right for you if you have a spouse or other beneficiary who should inherit your pension.

PSERS Pension Options Explained in 5 Minutes or Less- Pension Options 2 & 3 - TeachersRetire PSERS pension Options 2 and 3 explained in five minutes or less.

Part 2 of our short series, "PSERS Pension Options Explained in 5 Minutes or Less" dives into Option 1. Learn why Option 1 might be right for you and why it could leave your spouse with no money to inherit.

PSERS Pension Options Explained in 5 Minutes or Less- Pension Option 1 - TeachersRetire Option 1 gives you the second highest monthly payment of all the PSERS pension options. The payment is reduced in order to provide a much larger death benefit than the Maximum Single Life Annuity. People who want their spouse or other beneficiary to have a greater potential death benefit might find....

Income taxes are often one of the largest expenses for retired PA educators. Your PSERS payments are taxable. Your Social Security is taxable. Your 403(b), 401(k) and pre-tax IRAs are all taxable. That can mean sharing much of your retirement income with the IRS.

There is some good news- you might be able to do something about it and pay less taxes in retirement. Learn one strategy that might work for you!

How PSERS Retirees Can Pay Less Tax in Retirement - TeachersRetire Many PSERS retirees find that income taxes are one of up their largest expenses in retirement. The reason for this is simple- most of the income that a retired educator has is taxable. This includes the PSERS pension, Social Security, the 403(b) and IRAs. Due to this, it is common for a educator to....

Most PA educators have heard that they can take a lump sum withdraw from PSERS at retirement. However, there are a lot of questions and misconceptions about how it works and how taking the withdraw impacts your pension.

Let's answer your top 5 questions about the PSERS lump sum withdraw.

The PSERS Lump Sum Withdraw: Your Top 5 Questions Answered - TeachersRetire There is a lot of confusion about the PSERS lump sum withdrawal. We often hear questions like: What is it and how does it work? What can I do with it? Should I take it out or keep it in? What does it mean for my pension benefits? These questions are especially important for PSERS […]