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Suppose your charming but kind of flaky son or granddaughter inherited a large sum of money, maybe as much as six figures, as soon as this month?
For many members of the Greatest Generation, the battle against the coronavirus will be their last big test.
As some agencies have called their employees back to the office in recent weeks, one small agency is taking its time.
A reminder on some of the constructive ways to bring about positive change.
Would you be willing accept a lower pay rate, and maybe a reduced FERS retirement benefit, if it meant you could work from home for the rest of your career? For some people, on both…
So how has the new order impacted your work life? Two years ago, according to Office of Personnel Management figures, only about 22% of the nonpostal federal workforce teleworked.
Some of the smartest people in the nation work for Uncle Sam and belong to the Thrift Savings Plan. For some it is a nice option. For most, it is their primary retirement nest egg.
At least one agency, under a limited pilot program, allows its employees to work from anywhere in the United States, while accepting a duty station and locality pay change along with it. The benefits may be clear to agencies, but how about employees?
Lots of federal workers have said they might be willing to take a pay cut if they could do their jobs from a site a hundred miles from their home office.
Many people investing for retirement know that it is risky, dangerous and stupid to try to time the market.
When Congress set up the TSP it told the managers to keep it simple, keep it cheap to users with low administrative fees, and to keep it apolitical.
Much of the federal workforce has spent the three months working from home. When work is about what you do, not where you do it, where does that leave locality pay?
Old fashioned employees staffing field offices will never disappear.
If your like most active and retired federal investors you have little or no money in the I fund of the Thrift Savings Plan.
Learn about everything from pay, benefits and retirement, to buyouts, COLAs and pay freezes. Dial 667-930-9385
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