CAS sponsored two retirement workshops in November at the Marriott Melville Hotel entitled “Will I be Ready and Able to Retire as Planned?” Both focused on Financial Literacy and Retirement Planning. Andrew Buttelman and guest speaker David Daly provided CAS members and others with valuable information about their New York State Teachers Retirement System (NYSTRS) pension benefits, long-term financial planning, and Social Security. David Daly is a well-respected expert on the NYS pension system who, for many years, was the spokesperson of the New York Teachers Retirement System and the Coordinator of Pre-Retirement Planning services.
Topics discussed included choosing a retirement option, understanding your in-service death benefit, prior service and out of state service, unused sick days, employer-sponsored non-elective and elective 403(B) plans, understanding all pension tiers, and member benefit calculations. The program ran from 5:00 p.m. until 7:00 p.m., with refreshments served and many members remaining afterward to ask Andrew and David individual questions.
CAS will continue to sponsor Financial Literacy workshops for our members focused on Retirement and College Planning. Future seminars will address Social Security and the new 2023 contribution limits for tax shelter programs commonly offered to school district employees, such as the Roth IRA and various 403(B) and 457 plans.
Members who were unable to attend either workshop and wish to find out more about college or retirement planning may contact Andrew Buttelman directly at:
Andrew Buttelman, Certified Retirement Counselor
Lincoln Investment
640 Johnson Avenue, Suite 204
Bohemia, NY 11716
Office: (631) 244-8201; Cell: (631) 235-4932
Email: abuttelman@lincolninvestment.com
