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LACERA is an independent agency that manages the retirement fund for Los Angeles County and some outside districts. It offers various retirement plans and health care benefits for its members, and has a net asset value of $55.8 billion as of 2018.
Empower is a subsidiary of Great-West Lifeco that offers retirement plan services to individuals and organizations. It was created in 2014 by combining the record-keeping businesses of Great-West Life, JPMorgan Chase, and Putnam Investments.
Learn about the history, types, and funding of public sector pensions in the U.S. at the federal, state, and local levels. Compare the retirement benefits and risks of different plans and systems across the country.
Image source: Getty Images. What I'm doing to retire early. I knew that saving for retirement would take a long time, so I started early. I opened my first retirement account at 20. I wasn't able ...
AOL Mail offers features like news, weather, security and spam-blocking for free. You can sign up for an AOL account and access your email on the go with an app or on the web.
A 401(k) plan is a tax-advantaged retirement savings tool offered by employers that allows eligible employees to contribute a portion of their salary up to a set amount each year.
CSRS is a public pension fund for most civilian employees in the US federal government since 1920. It is a defined-benefit plan that does not participate in Social Security, and it has been replaced by FERS for new hires since 1987.
You can optimize your withdrawal rate by taking out just enough to maximize your current tax bracket without going into a higher one. This strategy is called bracket management, and it’s a smart ...