- Nevada Retirement System
Saving for retirement is certainly a financial priority for everyone. For Nevada state employees, it’s comforting to know that your retirement savings are automatic. Once you start working for the state, you’ll begin making contributions to your pension through the Nevada retirement systems. Most employees are covered by the Public Employees’ Retirement System of Nevada… read more…
- Georgia Retirement System
The Employees Retirement System of Georgia (ERSGA) provides a range of pension plans that mostly come with lengthy eligibility requirements. While each of its systems and plans serve different employees, some systems consist of more components than others. In addition,… read more…
- Michigan Retirement System
Though Michigan’s pension fund is not one of the 10-15 largest in the country, that doesn’t stop it from offering its employees an array of retirement plans from which to select. The state of Michigan’s Office of Retirement Services (ORS)… read more…
- Oregon Retirement System
Each state has its own retirement system. This is an organization that helps state and local employees save for retirement. The individual pension plans that these organizations administer (also called retirement systems) vary in size and complexity by state. Some… read more…
- Missouri Retirement System
The state retirement system of Missouri covers the multiple types of employees working on behalf of the state. The Missouri State Employees’ Retirement System (MOSERS) was established in 1957. Under the management of a board of trustees, it currently provides retirement benefits to most state public employees. MOSERS delivers those retirement benefits through pension trust funds.… read more…
- Mississippi Retirement System
The state retirement system of Mississippi consists of seven different retirement plans to account for the multiple types of employees working for the state. It’s important to understand how your pension plan works and what you can count on for… read more…
- Maryland Retirement System
The state retirement system of Maryland consists of seven different retirement plans to cover the multiple types of state employees. Before we dive deep into the intricacies of each system, take the time to brush up on pensions. If you… read more…
- Indiana Retirement System
The state retirement system of Indiana comprises several different retirement plans to cover the wide range of public employees working on behalf of the state. As pension systems can be complex, you may value some extra assistance in understanding the… read more…
- Minnesota Retirement System
Under its Minnesota State Retirement System (MSRS), Teachers Retirement Association and Public Employees Retirement Association, Minnesota offers retirement benefits through several different pension plans. A key fact to consider, however, is that all of Minnesota’s plans come with retirement benefits. But the state taxes all forms of retirement income. Therefore, you’ll want to make sure… read more…
- Utah Retirement System
The investments that Utah has made with its public employee pension funds have paid off handsomely in recent years. However, its state income taxes can be a bit heavy at a 5% rate. There are also a number of retirement… read more…
- North Carolina Retirement System
With around a million public retirement system participants in North Carolina, the state has plenty of residents to take care of. But although the number of retirees in the state and the subsequent costs are increasing, the fund currently boasts… read more…
- South Carolina Retirement System
South Carolina has six different iterations of its base retirement system for different types of local and state employees. It even has a National Guard-centric plan, which not many states offer. The state also recently signed into law new stipulations that guide the structure of the pension fund. And so far things are progressing rapidly.… read more…
- Arizona Retirement System
Arizona state and local employees should feel confident about the quality of the state’s retirement system, as well as each of its subcategories. It also boasts a simple set of retirement systems that are particularly inclusive. This makes it extremely… read more…
- New Hampshire Retirement System
The New Hampshire retirement system is fairly straightforward. Members are split into two broad categorizations, and a large majority is in the first category. Since your pension benefits will likely be only one part of your retirement savings, you may… read more…
- Washington Retirement System
The Washington Retirement System, managed by the Department of Retirement Systems (DRS), is a somewhat sprawling collection of retirement plans. While all systems are primarily defined benefit plans, many plans introduced a defined contribution portion for members hired more recently… read more…
- Tennessee Retirement System
The Tennessee Retirement System, known also as RetireReadyTN, is one of the best-run state retirement systems in the country. Employees are split into a few intuitive categories, and understanding what you can expect to receive in retirement is fairly straightforward.… read more…
- Wyoming Retirement System
The Wyoming Retirement System (WRS) encompasses seven pension plans with about 82,000 active members, according to the system’s 2022 annual summary report. Like all defined benefit plans, active members contribute throughout their careers and then receive monthly payments for life in… read more…
- Florida Retirement System
The Florida Retirement System (FRS) offers two retirement plans for state employees: a pension plan for long-term workers and a defined contribution plan for shorter-service workers (or people who do not plan on working for the state for more than… read more…
- Texas Retirement System
Texas believes all residents should have the “three-legged stool” of retirement income. This trio consists of Social Security benefits, personal retirement savings and state retirement. The Texas retirement system is fairly straightforward for public employees, so you should be able… read more…
- Kentucky Retirement System
The state retirement system of Kentucky had been in deep crisis for some time. But the recently developed “Keeping the Promise” plan that Governor Matt Bevin introduced looks to fix this long-running issue. Aside from this, the state’s pension plan… read more…
- Understanding the Virginia Retirement System
The Virginia Retirement System, or VRS, is the state agency that administers the pension fund for state employees. The pension fund is the 19th largest in the U.S., and paid out roughly $5 billion in benefits to about 214,000 retirees… read more…
- New York Retirement System
The pension fund of New York is one of the three largest in the nation and serves well over one million plan participants. This success has put the state in a great spot for the health of its employees’ retirements.… read more…
- 403(b) Contribution Limits in 2025
If you are an employee of a public school or a nonprofit, you are likely familiar with 403(b) retirement plans. Like a 401(k), these plans allow participants to contribute pre-tax dollars throughout their careers in order to save up enough… read more…
- 403(b) vs. 457(b): What’s the Difference?
It’s never too early to begin saving for retirement. Whether you’re new to the workforce or have years of experience, taking advantage of employer-sponsored, tax-advantaged retirement plans can set you up for long-term financial success. Two common options are the 403(b) and 457(b) plans. Both allow you to contribute a portion of your salary toward… read more…
- Pension vs. Annuity: What’s the Difference?
Pensions and annuities are two common sources of retirement income. However, they are quite different with their own advantages and disadvantages. Which one is better for you will depend on your individual circumstances. For example, some people may choose a… read more…