Federal employees who invest in the Thrift Savings Plan withdraw more than $9 billion annually from the government retirement fund, due in part to its strict rules on withdrawals. Now two senators have introduced a bill to relax those TSP restrictions.
Maybe the coming warm weather here has you thinking how nice it would be to go to that Tuesday day game. Face it. You've got the retirement bug. Federal Drive with Tom Temin talked with Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, about how to get a jump on planning.
A certain catchphrase of the late, great comedian Rodney Dangerfield is applicable to the Thrift Saving Plan's always-safe G fund, says Senior Correspondent Mike Causey.
AARP magazine financial columnist Allan Roth joins host Mike Causey on this week's Your Turn to discuss investment strategies for federal workers. He'll also share his about his dare-to-be dull method of investing. April 5, 2017
If you're lucky or wise, you'll keep adding to your Thrift Savings Plan and it keeps growing. Should you leave it or do you put it to work for you in some other way? Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, offers some advice for wringing the most out of your TSP on Federal Drive with Tom Temin.
The Air Force alone is dealing with a shortage of more than 600 pilots. The service is having trouble competing with airlines that can pay pilots more.
More than 10,000 federal workers and retirees now have Thrift Savings Plan accounts worth over $1 million, says Senior Correspondent Mike Causey.
Working for the federal government used to be a good gig, but now, there are some definite downsides or at least uncertainties.
A new Bipartisan Policy Center report on military personnel reform wants to put more of the TRICARE cost burden on retirees. The organization’s most recent report on the issue stated DoD spent $52 billion in health care for service members, retirees and their families in 2012.
When you've had enough, will you have enough to do something about it? asks Senior Correspondent Mike Causey.
Instead of trying to guess what the market for retirement is going to do based on emotion, take a second-grader's approach, says Mike Causey.
After a year without a cost-of-living adjustment, federal and Social Security retirees may experience a slight pulse in the inflation catchup pipeline, says Senior Correspondent Mike Causey.
House Armed Services Committee aides say they want to keep a close eye on the personnel reforms put in place by the 2017 NDAA.
Tammy Flanagan with the National Institute of Transition Planning joins host Mike Causey on this week's Your Turn to discuss Uncle Sam's alphabet-soup federal benefits program for workers and retirees. March 22, 2017
The super-safe G fund of the federal Thrift Savings Plan never has a bad year, but Senior Correspondent Mike Causey says there’s a downside.