Retirement
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Turning your Thrift Savings Plan into a million-dollar nest egg is simple enough. Invest as much as you can to get the government match and then be sure to buy low (when the market has hit bottom) and be prepared to sell high (when it's peaked). How do you do that? Read Senior Correspondent Mike Causey's Federal Report for more.
January 09, 2013 -
Since the dawn of civilization, mankind (and womankind too) has been vexed by two burning questions: Is there sex after marriage and is their life after retirement? For the correct answer check out Senior Correspondent Mike Causey's Federal Report today.
January 08, 2013 -
Fewer federal employees filed for retirement in December than in any other month in 2012, according to the Office of Personnel Management. Even with the fewer than expected number of claims, however, the agency failed to meet its goal of processing 11,500 claims, instead clocking in just 10,454.
January 07, 2013 -
What's your worst nightmare? How about Dracula, Frankenstein and Nick Nolte appearing in your bedroom? Or is it the long-predicted retirement tsunami? Because maybe, after 13 years of building up, it's on its way, Senior Correspondent Mike Causey says.
January 01, 2013 -
For years, politicians from both parties have threatened to trim federal benefits, like retirement and health insurance, but nothing has happened. In today's guest column, Senior Correspondent Mike Causey asks benefits expert John Grobe to talk about the history and future of federal benefits.
December 26, 2012 -
The House approved a bill Thursday requiring federal employees to contribute more toward their retirement as part of a broader deal to avert the the so-called fiscal cliff. The 2012 Spending Reduction Act is nearly identical to a measure passed by the House last spring.
December 20, 2012 -
If Congress and the White House change the yardstick used to measure inflation, will retirees barely notice or will they have to go on a diet of Hamburger Helper and Ramen Noodles? Check out Senior Correspondent Mike Causey's column for more.
December 20, 2012 -
Defense analyst Jim McAleese reviews the Defense Authorization Bill agreed on by both the Senate and the House yesterday. OPM Director John Berry says proposed rules to implement phased retirement are on the fast track. Rep. John Sarbanes (D-Md.) discusses changes that will make it easier for feds to telework. Rep. Gerry Connolly (D-Va.) talks about benefits that will help retain federal employees. Vivian Reifberg of McKinsey & Co. talks about why the current administrative transition is so important. Alex Bolton of The Hill discusses the fiscal cliff negotiations.
December 19, 2012 -
Director John Berry said the agency's Innovation Lab is helping to take a different, more rapid approach to developing the proposed rule to implement the new program. Rep. Gerry Connolly (D-Va.) also is suggesting the creation of a "leave bank" for workers who leave federal service but plan to return. Berry said that's an innovative idea OPM may look at.
December 19, 2012 -
In the fiscal-cliff talks, it now appears that both sides have blinked. Republicans appear willing to accept some higher taxes and Democrats seem to have agreed that Social Security's growing costs must be curtailed. Slightly and slowly. So how will the proposals affect you? Check out Senior Correspondent Mike Causey's column.
December 19, 2012 -
In the latest proposals traded back and forth between the White House and Boehner, the President proposed changing the formula the Labor Department uses to measure inflation — which would reduce annual COLAs for Social Security beneficiaries, including federal and military retirees. Federal-employee unions and groups remain worried the COLA proposals are still very much on the table.
December 18, 2012 -
Wells Fargo Advisors' Joe Sullender says any tax deal between Congress and the president will probably change your income taxes less than you think.
December 17, 2012 -
If you could pick any historical event to relive, it probably wouldn't be the maiden voyage of the Titanic — that didn't go well. And now, 100 years later, federal, military and Social Security retirees are just becoming aware of a political iceberg that could punch a hole in their future benefits, Senior Correspondent Mike Causey says.
December 17, 2012 -
As part of the special series, FERS: 25 Years Later, Federal News Radio welcomed to its studios a retired federal couple, Neil Schiff and Linda Habenstreit who represent the federal retirement divide. When Schiff retired from the FBI's Office of Public Affairs, he was a FERS enrollee. His wife, a long-time public affairs specialist in the Agriculture Department's Foreign Agricultural Service, was covered by CSRS.
December 13, 2012 -
In the 25 years since the Federal Employees Retirement System went into effect, much has changed when it comes to federal retirement. Tom Trabucco, the former longtime director of external affairs at the Federal Retirement Thrift Investment Board, and Judy Park, the former legislative director of the National Active and Retired Federal Employees (NARFE) Association, joined Your Turn with Mike Causey for a look back at the creation of FERS and how it has evolved over the years.
December 12, 2012