The Civil Service Retirement System (CSRS) celebrated a big birthday last Friday, but there are few federal participants left in the government’s once signature pension plan.
Along with the coronavirus, a sense of mortality is in the air these days. That means tax attorney and estate planner Tom O’Rourke’s voicemail is full, as clients, sometimes in a panic, check in with him, in case they check out.
Agencies such as the Department of Veterans Affairs are calling on federal retirees to return to government and help with their coronavirus responses as reemployed annuitants. Thinking of joining them? Here’s what you need to know.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
If federal workers and retirees found themselves sleepwalking through the last 11 years of Wall Street’s bull market, retirement benefits specialist Tammy Flanagan, says the pandemic-driven stock-market volatility has been “a wake-up call.”
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.
Experts from the National Active and Retired Federal Employees Association said the election season will overshadow much of what should happen on Capitol Hill.
For many people nearing retirement, running out of money is one of the top fears. Unless they work for the federal government.
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.
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.
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.