State of Missouri Voluntary 457(b) Retirement Savings Plan MO Deferred Comp is a 457(b) retirement savings plan available to both full- and part-time State of Missouri employees, including those at Missouri State University. Itās designed to help you build a more secure financial future by contributing pre-tax or after-tax (Roth) dollars toward retirement. In addition, … [Read more...] about š¼ Get to Know MO Deferred Comp
Turning Retirement Savings into a Lifetime Income Stream As retirement approaches, ensuring a steady income becomes increasingly important. Corebridge Financialās article, āTurn Your Retirement Savings into a Lifetime Income Streamā, explores how individuals can convert their accumulated retirement savings into dependable income that lasts throughout retirement. Key … [Read more...] about Planning for the Future
What Is a Beneficiary? A beneficiary is the personāor entityāyou name to receive your financial assets after your death. These assets can include life insurance benefits, retirement accounts, bank and brokerage accounts, and more. Designating beneficiaries is essential to ensure your assets are passed on according to your wishes. It also allows your loved ones to avoid the … [Read more...] about Beneficiaries: Are yours updated?
Retirement Plans When planning for retirement, itās important to understand the type of employer-sponsored retirement plan you have. Missouri State University employees may be enrolled in either a defined benefit plan like MOSERS or a defined contribution plan such as CURP.Ā Each plan offers unique advantagesāand knowing the difference can help you maximize your retirement … [Read more...] about Understanding Your Retirement Plan: Defined Benefit vs. Defined Contribution
Take Advantage of a Free One-on-One Financial Planning Session Whether you're just starting your career or preparing to retire, meeting with a TIAA Financial Consultant can help you build a strategy that aligns with your goals. These individual sessions are provided at no additional cost as part of your Missouri State University retirement benefits. TIAA is the asset manager … [Read more...] about TIAA Financial Consultant Onsite (Springfield Campus: May 20-22)