A large part of planning for the future starts with how you approach your finances today. Explore some of the basics of financial planning, tools for managing your money and ideas for sparking conversations with friends and family. Join Retirement System employees as they tackle the stigma around money and share their personal financial journeys.
If you're a member of more than one Washington state retirement system, you're a member of multiple systems - also known as a dual member. In this episode, we look at what you should be aware of when you're approaching retirement. Our guest is Wendy, a DRS team member, who explains some of the advantages of being a dual member.
Did you know not all states manage pensions the same way? Washington state is 94% on track to meet the funding goals of pension plans. That rate is one of the highest in the country. Your pension is a guarantee. Our guest is Mitch from the Office of State Actuary who explains how pensions are funded in Washington in order to meet that guarantee.
New legislation allows some employees to earn retirement service credit if their employment was interrupted by service in the US Military. Find out how this can increase your retirement benefit and why you shouldn't wait more than five years to report it.
As a retired public employee, you have access to insurance options through the Public Employees Benefits Board (PEBB). And when you retire at age 65 or more, you're required to enroll in Medicare. Find out more about Medicare and what options you have for a PEBB retiree health plan. Our guest is Ellen, from the Washington State Health Care Authority.
Is your pension benefit taxed? The short answer is: yes. But there are a lot fewer deductions taken out of your pay in retirement. When you retire, you're no longer paying into programs like Medicare and FICA which could result in you seeing more money.
When it comes to preparing for retirement, women often face different challenges than men. Women tend to live longer but typically earn 21% less, often with fewer years of work due to caring for a child or elderly parent. Our guest is Catherine, a DRS team member who gives some insight on how women can be better prepared both financially and socially.
Upon divorce or separation, your monthly benefit is not subject to sharing or division unless it is court-ordered. If you are going though a separation, you can call DRS to find out what resources are available to you. Our guest is Kumano, a DRS team member who talks about common mistakes and misconceptions that can happen in this process.
Deciding on healthcare can be one of the most important decisions you make — both when you're working and when you're a retiree on Medicare. Luckily, you have the option to change your plan during each fall open enrollment period. In 2024, costs for plans are changing. It's important to see if your current plan is still right for you. Our guest on the show is Dave from the Health Care Authority, who explains how these plans are str...
The Deferred Compensation Program now offers pretax and Roth options. Both help you save more for retirement. We look at the difference between the two as well as your options for converting funds from pretax to Roth.
The amount of service credit you have has a direct impact to your retirement benefit. So, if you miss some credits because of maternity/paternity leave, National Guard service or taking a sabbatical, you have the option to restore that credit. In this episode, we discuss how service credit is accrued, how it affects your pension and how to see if you have missing credits.
It can be frustrating to invest when the stock market is going down or sideways. Find out how to stay calm, invest for the long-run and take advantage of compound interest.
Your DCP funds are like a large savings account. When you retire, you have several options for how you can use that money. In this episode, we look at the options for taking money out of the account. One popular choice includes purchasing an annuity that will guarantee the funds last for your lifetime.
A recent survey found that only 28% of women feel confident investing in the stock market. In our first ever book review, we discuss New York Times bestseller: "Financial Feminist" by Tori Dunlap. Tori's shame-free approach has helped over 3 million women feel financially confident.
Some of the biggest decisions you'll make in retirement are around your health care. Luckily, the Statewide Health Insurance Benefits Advisors (SHIBA) offer a free, unbiased service. Our guest Tim, explains how SHIBA volunteers help people of all ages and backgrounds with their Medicare questions and options.
Saving money for a child’s education can feel overwhelming, but it doesn’t have to be. The WA529 program allows families to set money aside where it will grow tax-free. Find out who can put money into the plan and how a child can use the money for a variety of educational expenses after high school. Some uses might surprise you such as books, housing and even rolling over funds to a Roth IRA.
We welcome our guests Luke and Jackie f...
Forty six years ago, on a warm summer night in Melbourne, Susan Bartlett and Suzanne Armstrong were stabbed to death in their home in Easey Street, Collingwood. Suzanne's 16 month-old son was asleep in the cot at this time. The double homicide remains one of the most confronting cold cases.
How do the smartest marketers and business entrepreneurs cut through the noise? And how do they manage to do it again and again? It's a combination of math—the strategy and analytics—and magic, the creative spark. Join iHeartMedia Chairman and CEO Bob Pittman as he analyzes the Math and Magic of marketing—sitting down with today's most gifted disruptors and compelling storytellers.
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Open Source bi-weekly conversation with Brad Gerstner (@altcap) & Bill Gurley (@bgurley) on all things tech, markets, investing & capitalism
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.