The virus-driven stock market crash has hammered the TSP accounts of hundreds of thousands of feds, many of whom had planned to retire this year.
Over the past 11 years just about everybody and his brother has predicted that the record-long bull market couldn’t last forever.
Federal News Network has heard from many federal employees this week, many of whom say they’re still coming into the office for work, even as state governors close schools, restaurants, bars and most other businesses due to the coronavirus pandemic.
If you’re gonna have to telework, you might as well do it right.
Long shot legislation to eliminate or modify Social Security benefits of several million retired federal and public sector employees or their surviving spouses, is almost certainly dead, for now.
If you had $105,000 in your Thrift Savings Plan (TSP) on Valentine’s Day 2020, by St. Patrick’s Day it had dropped some $20,000, to about $85,000.
The one sure thing about stock market predictions, whether and when it will boom or bust, is that eventually you will be right.
Managed to finish two horror novels last Thursday. The bad news is they were both true, as near as we can tell.
The Office of Personnel Management can urge and encourage agencies to expand flexibilities, enter into ad-hoc agreements and use unscheduled telework during the coronavirus pandemic, but it doesn’t have the authority to do much else.
Spreading crisis feels like a test for everybody, and feds, like all people, worry about the basics.
Whoever said timing is everything sure knew what she was talking about. Take teleworking, please!
With a month to go before April 15, and the COVID-19 scare stronger than ever, the hackneyed expression about “death and taxes” might be poised to make a comeback.
If you haven’t done your taxes yet, no problem. There’s still plenty of time. If you are planning not to pay your taxes, that is a problem.
While there are still probably lots of self-made civil servant millionaires, the ranks of those who invested or saved their way into the 7-figure 401k club have definitely been thinned by the stock market’s reaction to the coronavirus problem.
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