Did you retire before the pandemic became a fact of life? Before people other than bank robbers wore (hopefully) face masks all the time, and when working from home went from to perk to priority?…
Some are predicting the impact of the virus on the economy, nerves and personal relations may actually trigger a tidal wave of retirements in many agencies.
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.
What Stein can diagnose are sick and healthy financial trends, pointing out that for 11 years, leading up to the virus-driven crash, the stock market was in bull-market territory longer than any time in the country’s history.
Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.
Over the past five months, there have been some major changes to the tax code that could impact the amount you pay and how effectively you use the money in your Thrift Savings Plan, if at all.
“The perils of timing the market," financial adviser Arthur Stein said. “ It’s just extremely hard to do.”
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.
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