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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.
When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
Many current and former feds remember whistleblowers in their agency. Often times the people who knew them best are the best judges of their actions, impact and motives.
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.