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TDA and TRA -NYC Teachers?

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happytobreathe
The Lazy Days of Summer

Member since 10/06

1413 total posts

Name:

TDA and TRA -NYC Teachers?

Please help me..it took me 3 years but I am ready to up grade my TRA and enroll in TDA. I have no clue. Variable A or B... how much in each... help!

Posted 7/7/09 12:40 AM
 

MissJones
I need a nap!

Member since 5/05

22136 total posts

Name:

Re: TDA and TRA -NYC Teachers?

I have it all in A b/c you can change it as you get closer to retirement age. Right now, it's LOW but that will supposedly pay off big time in the future.

Posted 7/7/09 7:56 AM
 

TheDivaBrideandTeddyFrog
Leah's here!

Member since 9/07

5404 total posts

Name:
Sabrina

Re: TDA and TRA -NYC Teachers?

Posted by MissJones

I have it all in A b/c you can change it as you get closer to retirement age. Right now, it's LOW but that will supposedly pay off big time in the future.



Same here..if you're young, all in A...look at it later...

Posted 7/7/09 9:00 AM
 

happytobreathe
The Lazy Days of Summer

Member since 10/06

1413 total posts

Name:

Re: TDA and TRA -NYC Teachers?

I am 25. Is so I should but some in Variable A? I am thinking half and half... thoughts?

Posted 7/7/09 10:54 AM
 

TheDivaBrideandTeddyFrog
Leah's here!

Member since 9/07

5404 total posts

Name:
Sabrina

Re: TDA and TRA -NYC Teachers?

at 25, go A all the way..I'm older and still in A

Posted 7/7/09 11:04 AM
 

Spring Baby06
My two loves

Member since 5/05

3612 total posts

Name:
Jillian

Re: TDA and TRA -NYC Teachers?

Posted by happytobreathe

I am 25. Is so I should but some in Variable A? I am thinking half and half... thoughts?



At 25, I don't think 50% in variable A is a good choice. You are young, yes variable A is risky, but you have about 25 years left in the system. You can switch over to variable B once you get closer to retirement age. I started at age 23, with 90% in variable A, and 10% in B.

Message edited 7/7/2009 2:15:08 PM.

Posted 7/7/09 2:14 PM
 

Niblet
LIF Adult

Member since 5/07

922 total posts

Name:
Cher

Re: TDA and TRA -NYC Teachers?

Posted by TheDivaBrideandTeddyFrog

at 25, go A all the way..I'm older and still in A



I totally agree!!!

Posted 7/7/09 9:10 PM
 
 

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