Public Sector Investor

Are You An Educator Working Two Jobs?

Education professionals around the country are working two jobs to make ends meet. According to the Federal Bureau of Labor Statistics, 1 in 5 education professionals are needing to work a second job just to make it month to month. Average annual salaries are around $36,000 according to NEA (National Education Association), this compared to …

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Teacher Pay Penalty Hitting A New High

Teacher pay penalty has hit a new high and in 2018 we have seen strikes in West Virginia, Oklahoma, Arizona, North Carolina, Kentucky, and Colorado. These strikes have raised national awareness for deteriorating teacher pay with teachers and parents protesting the cutbacks in education spending and compensation. The recent spending cuts are not due to …

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Public Pension

What to know about your Public Pension

The Problem with Public Pensions If you are a public employee such as an education industry employee or state, local, and federal government employee, you are most likely covered by a defined-benefit plan, AKA your pension plan. Nearly 80% of state, local, and federal government employees are covered by pensions. The biggest mistake public employees …

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Fiduciary Rule

Fiduciary Rule is DEAD

The Department of Labor’s definition of a fiduciary demands that retirement advisors act in the best interests of their clients and put their clients’ interests above their own. The Department of Labor (DOL) Fiduciary Rule was scheduled to be phased out between April 10th, 2017 to January 1st, 2018. This time frame was put in place to allow …

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Investor Personality

Have you ever been asked how YOU want YOUR money managed?

Why do you think it is that consumers feel it is so important to invest their money? I am sure everyone has heard the saying “a penny saved is a penny earned.” Now, these words relate to the act of saving money, and what saving money does is allow you to store it away for …

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Fiduciary

What the death of the DOL Fiduciary Rule means for consumers

For years, investors were unaware that the advisor they are working with may not have been working in their best interests. They go to someone that they trust to handle their hard-earned money without a thought that this person, who again they trust, may not have had their interests in mind at all. What the …

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fiduciary rule is done

The big bad wolves of Wall Street win again! Fiduciary Rule is done.

On June 21st, 2018, after years of deliberation regarding Wall Street and large financial firms throughout the country being held to a certain standard, a standard that every advisor should be to their client, is now DEAD. The courts wrote that “Finding merit in several of these objections, we VACATE the Rule.” Every investor should …

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public sector investing for teachers

Are you saving enough for your future? How do you stack up to your colleagues?

I don’t need to tell you again that saving is important for your future success, you have heard this too many times. We are all humans, and with the fast-paced life we all live today, saving is typically not the first thing on our mind. The truth is, 1 in 3 Americans have nothing saved, …

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how to take advantage of social security benefits

How are you taking full advantage of your Social Security Benefits?

When it comes to the questions around Social Security and what is the best option for you, you are not alone. Over 47% of Americans ages 50 and above could not pass a simple 5 questions Social Security survey done by a recent MassMutual online survey. The good thing about this is, those numbers are …

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