Supplement Your Retirement Benefit With Pension2
Why is Pension2 a good choice to supplement your CalSTRS retirement benefit?
|Complements your CalSTRS retirement benefit.||3||4.6|
|Features low fees and expenses.||2||3.1|
|Offers tax-advantaged contributions.||1||1.5|
|Provides objective advice and planning services at no additional cost.||0||0|
|All of the above.||59||90.8|
If you chose “All of the above,” you’re right!
CalSTRS Pension2, CalSTRS’ voluntary defined contribution plan, offers the opportunity to invest through tax-advantaged payroll deductions in low cost, flexible 403(b), Roth 403(b) and 457(b) plans for additional retirement savings.
On average, CalSTRS retirement benefits replace about half of a member’s working salary. Most financial planners set a goal in the range of 80 to 85 percent to maintain your current standard of living, which means the difference needs to be made up from other financial sources, such as Pension2.
|Complements your CalSTRS retirement benefit.||4.6%|
|Features low fees and expenses.||3.1%|
|Offers tax-advantaged contributions.||1.5%|
|Provides objective advice and planning services at no additional cost.||0.0%|
|All of the above.||90.8%|