The S and I funds of the TSP had bad years in 2018 but bounced back big time last year. Mike Causey asked financial planner Arthur Stein why?
While there is a lot of interest in those who are self-made Thrift Savings Plan millionaires, the fact is most investors will never hit seven-figure status.
But the one way to anger many feds is to tell them or remark that they are lucky to have such a good pension — then stand back.
Have you had the long term care insurance talk with your spouse or significant other, or your kids? How about with yourself, can you handle a reality check?
The Office of Personnel Management is currently drafting regulations needed to implement the Federal Employee Paid Leave Act. Members of the public will have a chance to comment on those regulations, due sometime in late spring.
For many January is a hope-springs-eternal transition time. But there are things members of the federal family can, and should, be doing that will save money.
A group of Senate Democrats, led by Minority Leader Chuck Schumer (D-N.Y.), has introduced a bill that would ensure all federal employees, including those at the Federal Aviation Administration, Transportation Security Administration and non-judicial workers at the District of Columbia courts, have access to new paid parental leave benefits.
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
Federal workers this month are getting a 3.1% total pay and federal-postal retirees are getting a 1.6% cost of living adjustment.
Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?
Turns out not all federal employees are covered. Tens of thousands of air traffic controllers are among those who technically don’t have access yet to this new benefit.
Lots of people who live in high tax states relocate for retirement.
Just about everybody knows the stock market is long overdue for a correction of 20% or more — maybe a lot more.
With little time to spare before the deadline, President Donald Trump signed two shutdown-averting spending bills into law and a 3.1% federal pay raise. He also signed the annual defense authorization bill, which includes a new paid parental leave program for most federal employees.