When you leave government are you going to keep your optional retirement nest egg in the Thrift Savings Plan, or move some or all of it to an outside investment option? And does it matter?
The likely amount is now a 3.5% bump up in January 2021, but anything could happen.
In what’s become the administration’s evergreen budget plan, the White House has again proposed that federal workers kick in more of their salary toward their retirement plan in return for smaller lifetime annuities that are frozen when they retire.
If history repeats itself, the budget President Donald Trump sent to Congress Monday afternoon will again be a political bombshell
Most people stop looking forward to birthdays after they first become eligible to drive, or vote.
Somewhere out there, the person or persons who, in the late 1990s, predicted Uncle Sam was facing a massive wave of retirements may be happy at last. Or not!
Although the Federal Employees Retirement System (FERS) was launched in the 1980s, it is still considered the “new” plan by workers who remained in the old Civil Service Retirement System (CSRS).
Nobody likes to think about dying. But it happens and if you don’t do some advance planning it can cause even more longer lasting pain and grief.
NARFE president Ken Thomas says last year's White House budget proposal “breaks promises to both current and future retirees."
Despite high returns for the TSP’s stock index funds last year, a majority of federal workers have most of their nest egg money in the G fund.
After decades of watching as their annual pay raises shrink, including three consecutive pay freezes, white collar feds may have a reason to be hopeful.
There are some things, persons, places, food, sports teams etc., that people either love or hate. Take teleworking.
The decision to pull the plug depends on the job, your family situation, health, financial goals and, maybe, whether you’re a glass-half-full versus glass-half-empty type.
Some experts in retirement planning believe that many feds with memories of the Great Recession of 2008-2009 are working longer than they have to.
The official taxpaying season kicks off today, and major companies in the debt business, either as collectors or consolidators, love it and are in full swing.