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Penn., GA, and IL.

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13y ago

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What state has the best teacher retirement?

There isn't a definitive answer to which state has the best teacher retirement as it can vary based on factors like pension structure, benefits offered, and cost of living. States like Texas, Illinois, and Ohio are known to have relatively competitive teacher retirement systems. It's important for teachers to research and compare retirement benefits in different states to find the best option for their specific needs.


Can Catholic school retirement be rolled into Illinois state retirement?

In Illinois, Catholic school teachers typically participate in the Teachers' Retirement System (TRS) or a private retirement plan, depending on the school's affiliation. If a Catholic school teacher has a TRS account, they can potentially roll over their retirement savings into the Illinois state retirement system upon retirement or termination of employment, following IRS guidelines. However, it's essential to consult with a financial advisor or the retirement system directly to understand the specific rules and options available for such rollovers.


How is State Teachers Retirement System credit calculated for adult education teachers for time worked during summer school or is it?

I think it is suppose to be. Call them and ask.


What do you call a math teachers retirement?

A math teacher's retirement is pensionmatic.


Can you borrow from your strs retirement?

Whether you can borrow from your STRS (State Teachers Retirement System) retirement plan depends on the specific rules of your state's STRS program. In many cases, STRS plans do not allow loans against retirement accounts, as they are designed to provide income in retirement rather than serve as a source of borrowing. However, some plans may offer options for hardship withdrawals or other financial assistance. It's best to review your specific STRS plan details or consult with a financial advisor for accurate guidance.


Do New Mexico teachers pay social security taxes?

New Mexico public school teachers do not pay Social Security taxes on their earnings. Instead, they contribute to the New Mexico Educational Retirement Board (NMERB) retirement system, which provides retirement benefits for educators. This unique arrangement is due to the state's participation in the Public Employees Retirement System, which is designed to supplement retirement income instead of relying on Social Security. However, teachers who work in private schools or other sectors may still pay Social Security taxes.


What is the retirement age of college teachers in kerala?

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What has the author Cynthia L Moore written?

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Do state of Illinois retired teachers have to pay state or federal tax?

Yes to the federal income taxes. No the state of Illinois does NOT tax distributions received from qualified employee benefit plans, including a government retirement or government disability plan.


Do Colorado teachers pay social security tax?

No, Colorado teachers pay into an "independent" retirement account and are exculded from social security.


Can your state retirement check be garnished?

State retirement checks can be garnished to fulfill specific legal obligations such as child support, alimony, and federal debt. However, the rules may vary depending on the state and the specific circumstances. It's best to consult with a legal professional to understand the laws governing garnishment of state retirement benefits in your particular situation.