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finfit40

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About finfit40

  1. Changing Investment Options

    Thanks Ed! There are actually two international funds - NYSDCP International Equity Active Fund (0.6%) NYSDCP International Equity Index Fund (0.2%)
  2. Changing Investment Options

    Hi all, The NY State Deferred Compensation Plan (457) just changed many of their investment options. Since getting untangled from AXA, my inclination has been to stick with Vanguard Index funds, but many are no longer available. New options include: S&P 500 Index - NYSDCB Equity Index Unitized Account (expense ratio 0.0084%) Small/Mid-Cap Index Fund - NYSDCB Russell 2500 Index Unitized Account (expense ratio 0.0225%) Fixed Income - Index - NYSDCB US Debt Index Unitized Account (0.0198%) Pardon my ignorance - but I'm not familiar with what these are (and I am still burned from the AXA experience). I feel like anything the state is offering through their 457 is going to be better fee-wise than AXA, I've just never heard of these funds before. Any insight is appreciated, as always. Thank you!
  3. I'm wondering if any NY state teachers have access to the Roth 457 Plan? I know the state offers it, but neither my district nor my husband's district will allow us to contribute via the Roth. We can do the regular 457 plan. Thanks in advance.
  4. 403B Vs Roth 403B

    Thanks for the replies! Tony - the calculator you linked to is very helpful. We will definitely be moving toward more a Roth 403b (the Roth 457 isn't available for us)...just need to figure out current tax implications.
  5. 403B Vs Roth 403B

    Hi all, My husband and I are looking for some clarity regarding 403b vs Roth 403b. We are both teachers in NY state in our early 40s. I am currently maxing out the NYS 457 Plan and have a tiny amount going into a 403b via Aspire (it's the only decent 403b plan my district offers and I can access Vanguard that way). My husband is in another district and is maxing out his 403b with Vanguard. We are wondering, however, about the tax implications down the road of having everything in pre-tax accounts. If we continue to work until retirement (which we plan to do) we *should* both have pretty good pensions and thus will likely remain in a higher tax bracket. We are now thinking we should be putting at least part of our retirement savings into Roth 403b's, which we didn't even know was an option until just this month. Any thoughts on this would be greatly appreciated. Thank you!
  6. 403B Vs Roth 403B

    Hi all, My husband and I are looking for some clarity regarding 403b vs Roth 403b. We are both teachers in NY state in our early 40s. I am currently maxing out the NYS 457 Plan and have a tiny amount going into a 403b via Aspire (it's the only decent 403b plan my district offers and I can access Vanguard that way). My husband is in another district and is maxing out his 403b with Vanguard. We are wondering, however, about the tax implications down the road of having everything in pre-tax accounts. If we continue to work until retirement (which we plan to do) we *should* both have pretty good pensions and thus will likely remain in a higher tax bracket. We are now thinking we should be putting at least part of our retirement savings into Roth 403b's, which we didn't even know was an option until just this month. Any thoughts on this would be greatly appreciated. Thank you!
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