I recently accepted a part-time position with a state university, in order to learn some new skills (clock-watching, whining, complaining according tosome other posts
)but also to take advantage of the benefits for retirement. Believe me, it wasn't the money but I have another job that will pay the bills while I sock all I can into my retirement accts with the state. (I'm an RN, and you would laugh at my hourly wage with the U). I'm about 10yrs from FIRE. My problem is I have this alphabet soup of choices to make. The DBP is mandatory. But where can I find good information on 457s? I'm somewhat familiar with 401(k) as all I've had before was 403(b). Would it be better to roll my previous 403(b) into the state plan? They do have a Vangaurd plan.
I also can buy back some time with previous county employment at about $139/month to build up my service credits. It seems a smart move to me but am unaware of any possible problems. Thoughts?
Thanks, all. Too many choices when I'm accustomed to no choices.
At least I'm not as confused as the poor guy from Germany who sat next to me in benefits orientation. The health care info nearly sent him into shock. His best question: Excuse me, what is sick time?