Financial Library For Washington State Employees

Our financial library is dedicated to all of the hard-working employees of Washington state. With a unique set of benefits comes a unique set of problems that most Americans don't have to deal with. Our hope is that this page will bring you some clarity and confidence in knowing not only how your benefits work but the various ways you can plan ahead and take control of your financial future.

Here you will find videos and blog posts about your various benefits, saving options, and planning strategies.

We know how busy and hectic your lives are but want you to know that we are in your corner if you ever need any assistance or questions answered. Just push the help button to reach out!

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Which pension plan is better: Plan 2 or Plan 3?

February 18, 2022 Plan 2 Plan 3

Which plan should you choose Plan 2 or Plan 3? This is an important and permanent decision that all Washington TRS, PERS, and SERS members face when they begin their employment.

How do taxes work on Plan 3?

February 10, 2022 Plan 3 Taxes

In order to understand how taxes work on Plan 3, we must fully understand what plan three is first. Plan 3 is a pre-tax retirement account, meaning that we haven't paid the taxes associated with this money yet. Every dollar we have in it, we still owe taxes on.

DRS Plan 3 members

December 21, 2019 Plan 3 Lifetime income Investing

Washington TRS, PERS & SERS Plan 3 members have 2 parts to their retirement. A pension that is guaranteed to last the rest of their lives and an investment account that they can manage and spend as they see fit.