Your state’s pension grade
The map below shows each state’s pension grade from A to F. The darker the state, the greater the pension gap.
Social Security may not be the answer
Some educators expect Social Security to help close their pension gaps. But in the 12 states below,* Social Security payments are reduced based on how much you earn from your pension.
* Subject to change. Consult with your own legal and tax advisors accordingly.
1 LIMRA, Not-for-Profit Survey, Q1 2021 Results, based on 403(b) plan participants and contributions. This applies specifically and exclusively to Equitable Financial Life Insurance Company (Equitable Financial).
2 Equitable, “The value of the advisor: The impact of advisors on financial outcomes among K–12 educators,” 2020.Important note: Equitable believes that education is a key step toward addressing your financial goals, and we’ve designed this material to serve simply as an informational and educational resource. Accordingly, this page does not offer or constitute investment advice and makes no direct or indirect recommendation of any particular product or the appropriateness of any particular investment-related option. Your needs, goals and circumstances are unique, and they require the individualized attention of your financial professional.