BIG Doings in 2011|
|January 5, 2011|
Without a doubt, 2010 was a terrific year for me, 403(b)wise and my financial
literacy initiative Pollinate, the Teacher Financial Literacy Project. Quick review: I formally earned
my doctorate in May; thanks to the generous support of TIAA-CREF and CalSTRS, I hosted my first
Pollinate Workshop in
November; and in December I met Vanguard founder and investor advocate John Bogle.
As good as all this was, I think it will only get better in 2011, particularly for
participants. We are especially proud of the following site updates and news which should make
it even easier for participants and employers to get wise about the 403(b) and the 457(b).
- We recently redesigned the way we present 403(b)
content. Instead of a laundry list of FAQs, 403(b) information is now grouped by category:
403(b) Basics, Contribution Limits; Products and Vendors; Cost to Invest in a 403(b); Modifying
Contributions; Accessing 403(b) Savings; Making Other Changes to Your 403(b); and Buying
- We have added comprehensive 457(b)
information to the Participant section.
- We are building a mobile site that is scheduled for a February launch.
- An updated version of Teach
and Retire Rich will be available at the end of January.
- We have been busy developing a plan education Portal for CalSTRS that will allow thousands
of school employees to get customized information about their particular 403(b) and 457(b) plan.
The Portal will be similar to one we operate for Montgomery
County Public Schools but on a much larger scale. We will be releasing screen shots from our
work to date shortly.
- I am busy working on a new book with the working title: Financial Literacy. Simplified.
As I have said before, this site is only as good as the thousands of participants and
advocates who access it. Which means, it's pretty good. We will continue to work to make it better.