Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS. And today we’re exploring a great topic that we get questions all the time about, which is: when you’re starting as a new state employee, how do you choose between Plan 2 and Plan 3? Seth I’m so excited that we’re having…
Category Archives: Podcast
Episode 13 – How to claim missing money
Unclaimed Property is a program that reunites owners with their lost or missing money. This can be in the form of an old pay stub or an overpaid utility bill. Our guest on the show is Joe from the Unclaimed Property division at the Washington State Department of Revenue. He explains how the program works…
Episode 12 – Should you automate your finances?
Episode transcript: [musical intro] Jenny Welcome to Fund Your Future with DRS. Today we’re talking about automating finances. And this is a great topic that applies to budgeting and just general personal finance. Good practices. Seth And kind of your life in general. What do you want to automate and what don’t you want to…
Episode 11 – How to save for retirement with DCP
The Deferred Compensation Program (DCP) is similar to a 401K and can help you save more for retirement. In this episode you’ll learn how taxes are applied, the importance of contributing with a percentage of your income and tools for maximizing your investment. Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with…
Episode 10 – Frequently Asked Questions
Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS. And today we’re taking a couple of questions that we’ve received from audience members, and we always welcome questions from audience and listeners. You can email us your questions at to drs.podcasts@drs.wa.gov. So our first question today comes from Beverly, who had asked:…
Episode 9 – Retiring at 55 — pros and cons
Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS and today we’re looking at a few options for early retirement, specifically for Washington State employees. Yeah, and the sort of term that we get a lot of questions a lot about here at DRS which is separation… A separation date versus…
Episode 8 – Reaching financial independence
Episode transcript: [musical intro] Jenny Okay. Welcome back to Fund Your Future with DRS. And so today we’re talking about a little bit financial independence. This is kind of a topic that comes up a lot in the planning for retirement world. Seth It’s kind of what retirement is. You no longer need to work…
Episode 7 – Net worth: what is it and how do you increase it?
Episode transcript: [musical intro] Seth All right. Welcome back to Fund Your Future with DRS. Jenny, I’ve gotten a lot of feedback from listeners. Well, mostly my friends and family about that we need to plug our email address more often so people know to follow and contact us. So it’s: drs.podcasts@drs.wa.gov. Okay, got it…
Episode 6 – What’s the best way to save for retirement?
If you want to save more for retirement, it might be time to look at where and how you’re saving. A supplemental account such as the Deferred Compensation Program (DCP) or a Roth IRA can boost your savings. We examine some of the best options for your retirement savings, including specific recommendations if you work…
Episode 5 – How to reduce your debt
Episode transcript: [musical intro] Jenny Welcome back to Fund Your Future with DRS. This week we’re talking about debt reduction and kind of methods for being able to tackle debt. Obviously, a lot of Americans have debt. And so, it’s really… the first step is looking at what you owe. So, you can have all…
