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. It’s 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 đź’Ľ 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 Financial’s article, “Turn Your Retirement Savings into a Lifetime Income Stream”, explores how individuals can convert their accumulated retirement savings into dependable income that lasts throughout retirement. Key … [Read more...] about Planning for the Future
Retirement Plans When planning for retirement, it’s 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. Each plan offers unique advantages—and knowing the difference can help you maximize your retirement … [Read more...] about Understanding Your Retirement Plan: Defined Benefit vs. Defined Contribution
Employees may be eligible for federal student loan forgiveness. The Public Service Loan Forgiveness (PSLF) Program forgives the remaining balance on Direct Student Loans after 120 qualifying payments under a qualifying repayment plan while working for a qualifying employer, like Missouri State University. Whether or not you've made 120 qualifying payments, submit the PSLF … [Read more...] about Public Service Loan Forgiveness (PSLF)
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)