Pension Fund lost more than $3 million Last week

Most of us are asking what impact Russia’s invasion on Ukraine has on us personally, and NBC News helped answer that question– at least for those who are retired teachers in Kentucky. The Kentucky Teachers’ Retirement System lost more than $3 million last week in selling off its direct investments in a Russian bank the day before Russia invaded Ukraine, the pension fund said in a statement. Many pension funds across the United States are similarly divesting themselves of any Russian investments, and doing so at any cost. This means recipients of those pension checks may need assistance in determining how this impacts their personal bottom line. Call us, we can help you navigate the impact and may have some ideas that can help.

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