Category Archives: Podcast

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. And we’re looking at some Frequently Asked Questions today. I think this is our second episode with some FAQs that we’ve been getting from some of our listeners. So, let’s jump into it. So, we have Emily, who asked: Would you mind covering…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. And we’re continuing our discussion about generational differences when it comes to finances. So, we’re talking with different DRS team members looking at how they’re preparing for retirement and what advice they have. Today, we have Jacob, who’s part of Generation Z.…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Well, there’s been a lot of talk in the media recently about financial advice for baby boomers and millennials and Gen X. And so, we decided we wanted to explore this a little more. So, for the next few episodes, we’re going…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. So, if you’re in Plan 3 or DCP, there are basically two types of funds for your investments. There’s the one step or the Build and Monitor. And all the funds are managed by the Washington State Investment Board, also known as…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Today, we’re looking at the difference between beneficiaries and survivors – a key distinction you have to have on your retirement account and while you’re working. And the general rule of thumb is that beneficiaries are for before you retire and survivors…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Today, we’re going to discuss what happens with your retirement if you’ve worked in multiple public retirement systems during your career, for example, for a school district and a city. And to give a little background: at DRS, we manage multiple retirement…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Today we have Mitch from the Office of the State Actuary to help us learn a little bit more about how pensions work in Washington state. Welcome, Mitch! Mitch Hello. Thank you for having me. Yeah. Before we jump into any questions,…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. Now, you may or may not have heard that there was some legislation passed this year that allows some employees earn free retirement service credit if their employment was interrupted by service in the U.S. military. And so today we’re getting all…

Episode transcript: [music intro] Jenny Welcome back to Fund Your Future with DRS. We know that for a lot of public employees, those who are approaching retirement, medical insurance coverage is a scary but important topic. And on a previous episode, we talked with Tim from the SHIBA program, and SHIBA provides one on one…

Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS. Now, a common question that we get at DRS is members wanting to know, “is my pension benefit taxed?” And the short answer is: “yes, it is taxed,” but there are a lot fewer deductions taken out once you retire. And so,…