- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: So the wife quit her teaching gig, and...
Posted on 7/10/12 at 5:18 am to IKEtheTIGER
Posted on 7/10/12 at 5:18 am to IKEtheTIGER
quote:
Excuse my ignorance...but if your wife has worked in the public school system and been having retirement taken out of her paycheck, she can get a hold of that money when she quits? I ask because my wife is in the same position and thought that was money I would never see. How do you go about getting that?
Good question. If she's a member of TRSL, she's in a defined-benefit plan that allows her to withdraw only the amount she has contributed. She may also be contributing to a deferred comp plan that is similar to an IRA. She can withdraw or roll over from that not only the amount she has contributed, but also any investment gains that have been realized.
1
Posted on 7/10/12 at 7:59 am to Layabout
quote:
thejudge
I am going through this same exact decision right now except i have a little more contributed. I am leaning towards leaving it in. Only for diversification sake. I think i could invest it through an IRA in index funds and do better, ie have a bigger lump sum of cash in 30 years or whenever. But, instead i'm gonna take the opportunity to diversify my investments.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News