Two figures in government made big news this past week. One noteworthy, one notorious.
Pay raises help people pay bills. But they are so much more than that thanks to the miracle of compounding.
For some, TSP (with its generous government match) will provide one-third to as much half the money they have to spend in retirement. Regardless of the percentage, it’s a lot. So how do you become a TSP millionaire?
The new lineup of endangered-because-of-their-job species includes such unlikely individuals as paper conservator at the National Archives, almost any IRS, Social Security or Defense Department employee, even down to child care professionals at (any) federal day care center.
The new, expanded TSP is only a few months old. And it's getting lots of attention, good and bad, from its 6 million investors.
Calculations about whether to leave federal service, for many federal career people, tend to juggle the financial considerations. What's the best month, the best health plan, the optimal TSP withdrawal strategy if you're about to retire?
Everybody should shop for, and maybe change, health plans each year. But most stay and wind up paying too much for coverage they could get elsewhere, at a lower premium.
If you have a simple exit strategy that provides the best deal for you in retirement, there is a good chance it may be wrong. Or at least not very simple.
Life’s a series of choices. Some easier and more important than others. Like when are you gonna retire? Does it really matter?
The Office of Personnel Management is seeking an executive to lead its Hiring Experience Group as the Biden administration becomes the fourth White House to try to “fix” the federal hiring process.
Space and Missile Defense Command started its improvement plan by listening to its own people.
Picking the “best” of the 50 states, tax-wise, can mean hundreds of thousands extra dollars that will be yours, not the Great State of Whatever, for as long as you are retired.
Many investors know the conventional thing to do, when times are good. But when things go south, which they do regularly, the fight-or-flight instinct kicks in. Times like now.
Before the pandemic hit the world, changing everything, teleworking in government was not widespread. And many agencies were scaling it back or eliminating it. Now some people say they're never going back.
Looking into enrollment numbers for the TSP mutual fund window, an upcoming GAO investigation and the latest TSP millionaires report.