The pros differ on how much anyone, average or not, needs in their retirement emergency cash fund. But you can, and should, work that out sooner rather than later.
Picking the right time to retire - day and month, not just year - could make a huge difference.
The grouping of defense agencies are looking inward to make up for the budget gap.
Although many don't think about it, you likely have an estate you will leave behind. Planning ahead could save you and your family lots of money and heartache.
Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
The new customer base for AAFES, NEX and MCX outlets will include currently-serving DoD and Coast Guard civilians and retirees.
The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits of millions of retired civil servants for decades.
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
The issue of hunger in the military and service member families needing food stamps to get by is starting to grab the attention of high-profile lawmakers.
An unexpected surge in retirement claims during March exceeded OPM's ability to keep up with the backlog.
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
The Environmental Protection Agency and American Federation of Government Employees will revert back to some policies from a 2007 contract while they negotiate a new collective bargaining agreement.
Some federal employees are receiving COVID-19 vaccines through their agencies, but for others, they must wait until their state and local governments make doses available.
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.