Fund Your Future with DRS

Written by: Washington State Department of Retirement Systems
  • Summary

  • A large part of planning for the future starts with how you approach your finances today. Explore some of the basics of financial planning, tools for managing your money and ideas for sparking conversations with friends and family. Join Retirement System employees as they tackle the stigma around money and share their personal financial journeys.
    Copyright 2022 All rights reserved.
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Episodes
  • Ep 56 - Affordable staycations in Washington state
    Jan 22 2025

    During the chilly winter months, you might be thinking about planning that spring or summer vacation. But you don't have to spend money on an expensive flight to get away. Sometimes it's nice to do a staycation and explore Washington state! From arid deserts to moss-covered rainforests, there's plenty to explore in your own backyard. Tune in to get some ideas for your next adventure.

    Links related to this episode:

    VisitSpokane.com Stehekin, Wa VisitRainier.com OlympicPeninsula.org Washington State Parks Los Hernandez Tamales in Yakima

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    20 mins
  • Ep 55 - ABLE savings plans for people with disabilities
    Jan 8 2025

    Millions of people with disabilities rely on federal programs. However, if they're receiving benefits like Supplemental Security Income (SSI) or Medicaid, they're restricted to having only $2,000 in assets.

    As a result, the Achieving a Better Life Experience (ABLE) act was passed in 2014. A Washington State ABLE Savings Plan allows people with disabilities to save, invest and prepare for the future without losing their state or federal benefits. We sit down with Katie who works for the Department of Commerce to learn about this wonderful program.

    https://www.washingtonstateable.com/

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    38 mins
  • Ep 54 - Pension plan funding with the WA state actuary
    Dec 18 2024

    Washington state pensions are calculated to be 94% funded. That rate is one of the highest rates in the country. We welcome Matt Smith, the Washington State Actuary, to talk about the latest Actuarial Valuation Report recently released by his office. He explains the significance of funded status, often misunderstood by many. Discover how ongoing evaluations and adjustments ensure long-term pension security for Washington's retirement plans.

    View the full Actuarial Valuation Report

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    22 mins

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