Teach and Retire Rich

Teacher Daniel Otter, Ph.D. and Certified Financial Planner Scott Dauenhauer CFP® of 403bwise.org discuss teacher saving for retirement issues. Never too serious, Dan and Scott strive to make learning about pensions, the 403(b), the 457(b), and investing, fun and understandable.

Money Concept Are Easy Peasy for This 17 Year Old (#443) 09/11/2026

Money Concept Are Easy Peasy for This 17 Year Old (#443) Our guest today recently passed the 7-hour, 170-question CFP exam. Additionally, he runs a fin lit website that helps educators teach personal finance and he also operates a robust personal finance YouTube site called Easy Peasy Finance that has close to 46,000 subscribers. I should mention he started making fin lit videos at age 7 and he passed the CFP exam at age 16. He is now 17. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42835840

403bwise Resources (#442) 09/04/2026

403bwise Resources (#442) We walk through all the free resources 403bwise offers. This episode may best be experienced through the video link. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42739325

(End of) August Facebook Group Questions (#441) 08/28/2026

(End of) August Facebook Group Questions (#441) Scott tackles questions on: withdrawing money from a 403(b) plan at age 59 1/2; quality of Lincoln National Life Group and Plan Member Services 403(b) offerings; time it takes for a 403(b) rollover to Vanguard IRA; the Ohio Deferred Comp 457(b) plan; best choice for Vanguard settlement fund. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42521545

Catching Up to Financial Independence (#440) 08/21/2026

Catching Up to Financial Independence (#440) We speak with two late-start savers who are now either retired or soon to be retired. One never made more than $100,000 a year and one is an emergency room doctor. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42502425

Lincoln Investment Closing Low-Cost Option (#439) 08/14/2026

Lincoln Investment Closing Low-Cost Option (#439) Lincoln Investment’s RetirementSolutions Participant Directed Account has long been the only low-cost 403(b) option for teachers, especially in New Jersey. All of that is going away. Pittsburgh teacher Adam Holy, who fought to get the Participant Directed Account available years ago, discusses what loss of this option will mean in his district. Scott offers some fixes for districts losing this low-cost option. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42410980

Did a National Life Group Sales Agent Forge a Teacher’s Signature? (#438) 08/07/2026

Did a National Life Group Sales Agent Forge a Teacher’s Signature? (#438) A Riverside, California teacher was interested in learning about a 403(b). He met with a NLG sales agent via Zoom. Suddenly forms were filled out and electronically signed. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42279985

Off the Radar Issue Keeping K-12 403(b) Plans Down (#437) 07/31/2026

Off the Radar Issue Keeping K-12 403(b) Plans Down (#437) We all like individualism but individual 403(b) contracts make it difficult for school districts to reform their 403(b) plan. There is a solution. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42243425

The Association of School Business Officials Endorses a “Model” 403(b) Plan (#436) 07/24/2026

The Association of School Business Officials Endorses a “Model” 403(b) Plan (#436) With vendors like Equitable and National Life Group, what could go wrong? (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42186935

July Facebook Group Questions (#435) 07/17/2026

July Facebook Group Questions (#435) Scott tackles July Facebook Group questions. Topics include rolling over a 403(b) when leaving a job; Moving from Equitable to Aspire; Roth IRA vs. Roth 403(b); Performing a 403(b) exchange to a CalSTRS P2 403(b); and What to do with a 403(b) upon retirement. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42119995

A Tale As Old As Time (#434) 07/10/2026

A Tale As Old As Time (#434) A $300,000 political donation by Security Benefit was the subject of a recent Bloomberg News investigation. We discuss. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/42015560

Baltimore City Public Schools Goes Single 403(b)/457(b) Vendor (#433) 07/03/2026

Baltimore City Public Schools Goes Single 403(b)/457(b) Vendor (#433) Teacher and Baltimore Teachers Union member Nathan Ferrell walks us through how the stakeholders got it done. He also offers tips on how your district can do the same. nferrell@baltu.org (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41925995

Solicitation But Not That Kind of Solicitation (#432) 06/26/2026

Solicitation But Not That Kind of Solicitation (#432) Dan and Scott share a model anti solicitation policy that school districts could use to ban sales agents from campuses. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41743855

Saving for Retirement Makes a Western New York Teacher Want to Shout! (#431) 06/19/2026

Saving for Retirement Makes a Western New York Teacher Want to Shout! (#431) High school science teacher and Buffalo Bills fan helps his colleagues get wise to saving for retirement. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41681960

Chris Nye Makes Big Career Move #430 06/12/2026

Chris Nye Makes Big Career Move #430 New Jersey high school business and personal finance teacher and super 403(b)/457(b) advocate, Chris Nye, moves from high school to elementary school. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41579480

Your Questions. Scott's Answers. June 2026. (#429) 06/05/2026

Your Questions. Scott's Answers. June 2026. (#429) Scott is back at it answering your questions which include: Withdrawing money from a Roth 403(b) Keep money in 403(b) at retirement or rollover, and if so to which company? Is the Equitable EQUI-VEST Strategies Series 901 "as bad" as the 201 Series? Purchasing out-of-state pension credit: Do it now or wait? (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41529025

CITs for Thee But Not For Me? (#428) 05/29/2026

CITs for Thee But Not For Me? (#428) Dan and Scott discuss the American Center for Law and Justice (ACLJ) letter to the SEC regarding collective investment trusts (CITs) in 403(b) plans. They also discuss Vanguard's position. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41386980

10 Summer Financial Moves (#427) 05/22/2026

10 Summer Financial Moves (#427) Bay area high school history teacher and financial educator, Matt Raleigh, is back to talk about an upcoming fin lit for teachers webinar that his union is sponsoring. (short pod series about K-12 403(b) issues) /episode/index/show/teachandretirerich/id/41387270

The Advice Only Network (#426) 05/15/2026

The Advice Only Network (#426) CEO Eric Simonson discusses the Advice-Only Network, a service that provides access to advice-only fiduciary financial planners from around the country. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41299800

California Tries to Ban Sales Agents from Campuses (#425) 05/08/2026

California Tries to Ban Sales Agents from Campuses (#425) We discuss the proposed bill, and speak with a teacher who advocated for its passage. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41118760

Taking Questions a.k.a. Scott vs AI (#424) 05/01/2026

Taking Questions a.k.a. Scott vs AI (#424) Scott answers four saving for retirement questions commonly asked in the 403bwise & 457bwiser Facebook Group. We check his answers with AI. Let's just say we wouldn't trust the robots yet. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/41064785

Farms, Futures and Fin Lit (#423) 04/24/2026

Farms, Futures and Fin Lit (#423) University of Tennessee Agricultural and Resource Economics professor Karen DeLong talks growing up on a farm, getting financially wise, and sharing her knowledge with students and university athletes. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40981505

Introducing 457bwiser (#422) 04/17/2026

Introducing 457bwiser (#422) Scott and Dan share their new resource and the reasoning behind it. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40899740

Corebridge + Equitable (#421) 04/10/2026

Corebridge + Equitable (#421) Scott and Dan discuss the proposed AXA/Equitable and Corebridge merger and what it could mean for participants. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40778670

High Gas Prices Don't Bother These Guys (#420) 04/03/2026

High Gas Prices Don't Bother These Guys (#420) 403(b) super advocates Steve Schullo, Karl Fisch, and Scott Dauenhauer have been driving electric vehicles for years. They share their experiences and offer tips for those considering EVs. Join Us on April 5, 2026 for a Special Announcement. Info (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40713280

403(b)/457(b) Basics: Exchanges & Transfers 03/27/2026

403(b)/457(b) Basics: Exchanges & Transfers We dig into how to move money to a better employer vendor. In the 403(b) world this is called an "exchange." In the 457(b) world this is called a "transfer." How to intiate an exchange/transfer from one employer vendor to another Determine compliance administrator Determine if exchanges/transfers are permitted (almost always are) Determine what new vendors are available (see ) Contact current vendor and ask for paperwork for an "exchange-out" "or "transfer out" Open account with new vendor Ask new vendor if exchange/transfer paperwork is needed Check if compliance administrator requires paperwork Follow all instructions carefully. Exited vendor often unhelpful. Stay on top of process. Support for exchange/transfer process: Join Us on April 5, 2026 for a Special Announcement. Info (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40609985

401 "Ayyyy" (#418) 03/20/2026

401 "Ayyyy" (#418) Employers can contribute to a 457(b) but their additions count against the contribution limit. We discuss a workaround: adding a 401(a) plan, which surely Fonzie would give two thumbs up. Join Us on April 5, 2026 for a Special Announcement. Info (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40528705

California Fin Lit Teacher (#417) 03/13/2026

California Fin Lit Teacher (#417) With an assist from the Wealthy Custodian, a California fin lit teacher teaches and learns key fin lit concepts. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40445595

Doh! ASBO (#416) 03/06/2026

Doh! ASBO (#416) The Ohio 457(b) is superb. Why did the Ohio ASBO create a low-quality 457(b) to compete with the great Ohio state plan? (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40315875

The Main Plan is a Maine 457(b) Plan (#415) 02/27/2026

The Main Plan is a Maine 457(b) Plan (#415) Technology teacher Daniel Picard describes how his small district explored starting a 403(b) but found the state-run MaineStart 457(b) a far superior choice. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40222220

How 403(b) Consortiums Serve Small and Medium-Size School Districts (#414) 02/20/2026

How 403(b) Consortiums Serve Small and Medium-Size School Districts (#414) Former teacher Danny Kofke and fiduciary Eric Hansen are principals in the Southern Education Retirement Consortium, an investment collective that serves the K-12 market. They discuss the consortium model which allows small to medium-size schools to band together to get favorable 403(b) pricing and services. (short pod series about K-12 403(b) issues) Nothing presented or discussed is to be construed as investment or tax advice. This can be secured from a vetted Certified Financial Planner (CFP®). /episode/index/show/teachandretirerich/id/40080195

Teach and Retire Rich

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