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35% of TSP participants in the lowest income bracket did not make changes to their TSP accounts after being automatically enrolled, a significantly higher percentage than the other four brackets.
Earlier this week, the key House Ways and Means Committee voted to clear the bill for a full House vote. The fact that repeal of GPO and Offset has gotten this far, finally, has given many the hopes they will someday collect the full benefits they think they deserve.
If you are planning on retiring soon (this year or next) have you thought of the lifetime impact of long-term inflation on your diet-COLA annuity?
For a huge chunk of the U.S. population, the big deal is that more than 73 million people will soon be getting their biggest catch-up with inflation increase in four decades.
Whether you are just starting out, are at mid-career or are retirement eligible you should have a plan, so know the best date(s) to get the most bang for your annuity buck.
The monthly average processing time also dropped five days from July. It still remains above OPM's goal.
For some, TSP (with its generous government match) will provide one-third to as much half the money they have to spend in retirement. Regardless of the percentage, it’s a lot. So how do you become a TSP millionaire?
Calculations about whether to leave federal service, for many federal career people, tend to juggle the financial considerations. What's the best month, the best health plan, the optimal TSP withdrawal strategy if you're about to retire?
If you have a simple exit strategy that provides the best deal for you in retirement, there is a good chance it may be wrong. Or at least not very simple.
Life’s a series of choices. Some easier and more important than others. Like when are you gonna retire? Does it really matter?
Picking the “best” of the 50 states, tax-wise, can mean hundreds of thousands extra dollars that will be yours, not the Great State of Whatever, for as long as you are retired.
Many investors know the conventional thing to do, when times are good. But when things go south, which they do regularly, the fight-or-flight instinct kicks in. Times like now.
Congress has a lot on its plate to try to avoid a continuing resolution, including a host of appropriations bills.
Worried about how you will survive the next recession? While you’re at it, maybe you should worry about the recession-after-next. And the one that follows it.