The 7.5 hours in the classroom are just the starting point. On average, teachers are at school an additional 90 minutes beyond the school day for mentoring, providing after-school help for students, attending staff meetings and collaborating with peers.
A capital lease is treated like a loan, and the asset is considered owned by the lessee. The tax advantages of operating leases are especially significant for fixed assets such as lighting that are generally depreciated over a very long term (39 years), since the entire lease payment is tax deductible.
Most retirement accounts offer tax benefits. Some have tax benefits today, others offer tax benefits tomorrow. Some have high limits, some have low limits. The biggest difference is whether your contributions are tax deductible, and as a result, whether taxes are deferred or if growth is tax free. Make the most of tax benefits when investing for retirement.