The first TSP millionaires were all alike and today, they still have a lot in common. The vast majority have been investing the maximum for 29-plus years.
Earlier this year, the chances of both (or either) a federal pay raise and a separate cost of living adjustment for retirees were hovering somewhere between slim and slimmer. The president called for a zero…
Active and retired federal-postal workers, and their survivors have some of the best health insurance in the nation.
More than 4 million people, now-voting age adults, were born, and even more were in kindergarten, grade school or junior high when the attacks were made on the World Trade Centers and the Pentagon 18 years ago.
Effective Sept. 15, major changes will take effect in the TSP, changes that will make it more attractive for life-time investors and more convenient for people who need to withdraw different amounts over their retirement.
Hundreds of federal and postal workers become retirement eligible every day. Although most don’t retire at the first opportunity.
Being a federal/postal worker can be satisfying and challenging at the same time. Being a married federal/postal worker can be doubly so.
By now no one should be surprised if the president zigs when everyone thought, and even he said, he would zag.
The dominant Federal Employees Retirement System covers most working feds. It’s good but it has several moving parts.
While you were away, here’s what happened on the job front — spoiler alert, not much!
So if you are off today, enjoy. If you are working—defending the homeland, inspecting food, moving air traffic, watching the borders or otherwise keeping the peace, thanks.
In addition to the ever-present threat of a shutdown, it’s when federal workers go shopping for next year’s all-important heath insurance.
Shouldn’t the feds responsible for programs impacting crops, cattle and minerals be closer to the taxpayers who produce, manage and depend on them?
Most experts say it is essential that people under the Federal Employees Retirement System put at least 5% into the Thrift Savings Plan.
Thanks to the ups and downs in the global markets, some of the 37,612 feds who were Thrift Savings Plan millionaires at the end of June may be back to six-figure balances.