Information Regarding Your Retirement
- Member Annual Statements Information
Upon receipt of your Member Annual Statement, TRB recommends that you review it carefully to ensure that your account accurately reflects your demographic information, pensionable salary, full-time equivalency, credited service, mandatory contributions and beneficiaries.
For inquiries on your annual statement, duplicate member statements requests, or to notify TRB of possible errors on your annual statement please use this link
Important Questions to Ask Your Financial Advisor
1) What was the total dollar amount I paid in fees last year?
2) What is my personal rate of return for each of my mutual funds and the rate of return for my combined portfolio? I would like the numbers before fees and the numbers after fees.
3) What is the benefit to me of this type of annuity investment?
4) Is this type of investment in my best interest?
5) What are the actual costs involved from (403(b) company) if any, if I roll my 403b into a different 403b company or other type of IRA investment?
6) Are you a fiduciary (the two categories are “fiduciary” and “non fiduciary”. Do not let them skirt around the issue and say “you don’t need me to be a fiduciary to handle your money”. While that is true, A fiduciary is any professional who is upheld to a fiduciary standard – meaning the person must act in your best interest
If you are expecting to receive a pension based on work not covered by Social Security and you are a teacher, then the amount of Social Security benefits will be reduced according to the Windfall Elimination Provision (WEP) . Below is (is a link to) an Online Calculator can tell you how your benefits may be affected.
You will need to enter all of your earnings taxed by Social Security, which are shown on your online Social Security Statement.
Windfall Elimination Provision Calculator
List of Rocky Hill Public Schools 403(b)/457(b) providers
Rocky Hill Teachers' Association (RHTA) 