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- Savings Plus vs Other Retirement Investment Options - Reddit
You can do pre-tax in SavingsPlus, but you have to choose from their funds There is also a way to get access to Charles Schwab funds in SavingsPlus Vanguard is post-tax and you choose your funds Personally, I do a Roth Ira with Vanguard It also depends on your income and what you expect your income at retirement to look like to compare the benefits of pre-tax vs post-tax investments I'm
- Thoughts on Savings Plus 401K Alternatives : r CAStateWorkers
28 votes, 49 comments Just wondering, whats your input on the Savings Plus 401K? Is it worth putting your money in or is there better Alternatives…
- Anyone familiar with Savings Plus : r CAStateWorkers - Reddit
I think you might be confusing what SavingsPlus is It's a voluntary, employer-sponsored 401k 457 option to save additional retirement funds You can't put it into CalPERS I would contribute into it to save more for retirement, as the pension likely won't be enough If you don't want to keep it, you'll want to reach out to SavingsPlus directly for those options You might be able to roll it
- SavingsPlusNow -- Do you have it? How much do you put in? : r . . . - Reddit
When you talked about opening a Roth IRA outside of SavingsPlus, what are the pros cons to it? I just keep my Roth 457 because it takes it off my paycheck (looking for just an easier route)
- SavingsPlus 457b : r CAStateWorkers - Reddit
SavingsPlus does offer services such as a professional managed account which will be additional $ to the base fees mentioned above, so just research what you are getting into If you are into managing your own money and like more investment options diversification I would open a PCRA with CS Reply reply More repliesMore replies 98Cobra98 •
- SavingsPlus, Pension, 401K, and IRAs Help! : r CAStateWorkers - Reddit
The retirement estimator on SavingsPlus itself is actually not terrible once you customize it for your situation I tend to prioritize my IRA over SavingsPlus because it gives me more fund options to choose from and it will stay in the same place as long as I choose to keep it there, even if I move employers I'm not maxing everything out
- Savings Plus General Question : r CAStateWorkers - Reddit
Savings Plus is a wonderful benefit for state workers It let's you set aside money from your paycheck for your future retirement The money is deducted from your paycheck and put into a Savings Plus account for you Savings Plus has many "investment vehicles" you can use so your money will grow like crazy As a state worker, you will have a CalPERS retirement pension On top of this, Savings
- Savings plus CalPERS : r CAStateWorkers - Reddit
Savings Plus lets you set and change your contribution amount any time so you could always start with a small contribution and go up from there You can also set whether you want to make Roth (after-tax) contributions, pretax contributions, or even a mix of both, to your 457 or 401k accounts More retirement savings is nice since it can help you either retire earlier or be more comfortable in
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