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.
The TSP option is a nice but not absolutely essential thing to have for those under the more generous CSRS retirement program with its higher benefit and full protection from inflation.
Starting in the mid-1990s various experts looked at the aging federal workforce and concluded that the end, for many of them, was near.
The S and I funds of the TSP had bad years in 2018 but bounced back big time last year. Mike Causey asked financial planner Arthur Stein why?
While there is a lot of interest in those who are self-made Thrift Savings Plan millionaires, the fact is most investors will never hit seven-figure status.
Learn about everything from pay, benefits and retirement, to buyouts, COLAs and pay freezes. Call the show live Wednesdays from 10-11 a.m. at 202-465-3080 with your questions. Dial 605-562-0264 to listen live from any phone. Follow Mike on Twitter and send him an email with your questions and comments. Subscribe on Apple Podcasts or Podcast One.