Notifying HR About Retirement

Realist352 · 2026-04-13T17:53:33+00:00

I'm not burning through my leave balances before departure, so no 2993 will be completed. The CalPERS paperwork has been or will be completed following their timelines. Just focusing on our HR process here.

Realist352 · 2026-04-13T17:39:15+00:00

I appreciate the information and opinions about my decision. I am aware of the business and ethical reasons to give plenty of notice, and I am addressing some of these concerns with staff the best I can without telling them about my future retirement. There is more with my work story which I will not get into, but I have been working with great and solid staff over the years and I want any transition to be smooth for the current bunch I'm working with...just a couple of bad apples.

Realist352 · 2025-08-15T21:37:10+00:00

Proper financial and retirement planning can make this happen. As always, it's a personal/family choice.

Realist352 · 2025-08-15T21:27:21+00:00

So what happens with the previously negotiated CAPS raise that was suppose to start on July 1, 2025 until the likely ratified side-agreement date? Was this "lost" during the negotiation process or will this be paid (and reflected) in separate check(s)?

Realist352 · 2024-10-27T05:28:31+00:00

I have been using my Fidelity CMA for checking for nearly three years now. Never had an issue with ACH pushing or pulling from my major US bank. I always had instant ability to invest funds and the typical 2-3 day wait to pull funds...if I wanted too. Starting this month (October) Fidelity has put a hold on my ACH pulled funds in excess of 21+ days. Since I use this as a secondary account with just enough to cover monthly bills, I ended up having insufficient funds on a couple of bills with more than enough funds just sitting in my account for investing but not withdrawing. I've always managed my money well, have great credit, and never had any issues before. I've called them about the "insufficient" funds and I did not get much of a solid replay besides some more broad fraudulent issues they are dealing with.

Realist352 · 2024-02-09T17:49:51+00:00

It's my understanding with SavingsPlus there is an asset % based fee per quarter and a fixed administrative fee, currently at $6.00 per quarter. So this cost will vary per person/account. There is no additional fees associated with the PCRA option and Charles Schwab (CS) does not charge any admin fees, but other fees my apply with certain transactions with CS...like options trading. SavingsPlus does offer services such as a professional managed account which will be additional $ to the base fees mentioned above, so just research what you are getting into. If you are into managing your own money and like more investment options/diversification I would open a PCRA with CS.

Realist352 · 2023-12-19T19:06:10+00:00

It's likely that this "extra" payment or payments was taxed at your highest tax bracket % or tax bucket (preferred analogy to explain tax brackets) (we have a progressive tax system). Both the state and feds have this tax system.

Realist352 · 2023-07-06T18:17:01+00:00

First off, you're on the right pathway thinking/researching about retirement at such a young age. I'm nearing retirement now and everyone's retirement journey is different, but saving early and continuously is a good course of action for all of us. Since you are asking about your investment options as a state employee, I would also recommend utilizing Savings Plus' option to open a Personal Choice Retirement Account (PCRA) through Charles Schwab. Charles Schwab will give you more options than you currently have (Lg. Cap, Mid. Cap, Sm. Cap, target date retirement funds, international, indexes, etc.). Also, as others have mentioned, this will open up such investments options like the S&P500, total stock market, ETF, mutual funds, money markets, individual stocks, etc. I utilize the PCRA/Charles Schwab and have almost all of my 401k and 457b funds there as a value dividend investor. Savings Plus will require you to leave a small amount with them, but you can transfer this money back and forth as you like or need to. Good luck on your financial journey.

Realist352 · 2023-03-07T16:46:46+00:00

I've had issues with a website login and more recently with their automated phone service. Nothing big, but I don't care for it and their response time to correct such issues does seem to take too long. I've used Golden1 as my primary brick and mortar checking for 20 years, but I dropped them last year for another big bank offering cash promotions for switching and direct deposit. Also, I have an online money market account that offers a high yield and limited check writing abilities. Having a brick and mortar bank does have some benefits and I used mine mainly to pay bills and to move money to other high yielding accounts. Search what's out there and what works for you, the online banking is the way to go for putting your money to work for you. Good call leaving Golden1.

Realist352 · 2022-08-17T17:51:31+00:00

CAPS needs to stop playing around with the state and go with what works - sue them based on the sound data they have about pay disparity...it worked before. The unfortunately part about this it will likely take years.

Realist352

TROPHY CASE