Broker Check

Retirement Planning for Connecticut Public School Teachers

<br/>

Connecticut public school teachers have different investment options at their boards of education, a complicated pension system, Social Security offsets and a Medicare options developed specifically for teachers and their families. At Reed Financial Planning Services, we have over 15 years of experience in working with CT public school teachers and their families.  We understand how the various intricacies of the Connecticut Teachers' Retirement System and other topics impact their planning. In addition to all of the services listed under the general Financial Planning section of our website, below are ways that we can add value to teachers and their families.

Investments and the Connecticut Teachers' Pension

  • Board of Education 403(b) and 457 plans and the role they plan in the household planning.
  • The Connecticut Teachers' Retirement System
  • Buying back time; eligibility, process and funding options
  • Plan N, C & D; calculations, comparisons and survivorship options
  • Filing for retirement; timing, process and forms
  • The State of CT Additional Annuity; calculations, benefits and considerations, funding options.
  • Post retirement re-employment
  • Developing an income plan that incorporates the CTRB Pension, social security with applicable offsets and investment income.
  • Estate planning strategies and the survivorship benefits of the CT Teachers' Retirement System; calculations, considerations and settlement processes
  • Investment analysis, portfolio review and retirement income planning
  • Ongoing investment and portfolio management


Social Security & Medicare

  • Windfall Elimination Provision and the Government Pension Offset; calculations, eligibility, and enrollment process.
  • Medigap Plans: Eligibility, costs, and the enrollment process.

Financial Planning for Teachers

All of the above-mentioned items play an important role in a teacher's planning. We are able to apply our experience in these topics when discussing, implementing, and monitoring a client's long-term retirement plan.

If you would like to schedule your planning meeting, click on the link below and one of our advisors will call you to discuss your situation and how we may be able to help you and your family.

* Note that our firm's minimum for new clients is $500,000 of household investable assets. (Why we have minimums.)

Click here to schedule an introductory phone meeting