In this episode of Financial Fitness with The Money Doctor, Dr. Frances Rahaim takes a clear, high-road look at the Massachusetts Teachers’ Retirement System (MTRS) — what it offers, what it doesn’t, and how to stay safe when seeking advice about your pension.

You’ll learn:

• How MTRS actually works and why it’s a defined-benefit plan, not an investment account.

• What the law says MTRS cannot do — including selling or endorsing products.

• How look-alike “teacher retirement” sites can mislead even savvy educators.

• Questions to ask any advisor before you make a change.
  Even if you’re not in Massachusetts, most state plans run on the same principles — so this episode is a must-listen for educators nationwide.