Retirement
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Worried about another pay freeze next year? Thinking about retiring to get a cost of living adjustment? Timing is everything, and for some people its already too late, Senior Correspondent Mike Causey says.
March 01, 2012 -
Host Mike Causey will discuss federal pay and benefits with Federal Times Senior Writer Stephen Losey and Federal Managers Association Legislative Director Jessica Klement. February 29, 2012
February 29, 2012 -
How would you like it if your Thrift Savings Plan withdrawals were tax-free? Well, get ready because the tax-free end-of-the-rainbow Roth option is coming to your optional retirement package, Senior Correspondent Mike Causey says.
February 29, 2012 -
The IRS is the latest agency to join the 2012 buyout parade. Employees in other agencies should study it because it may be the model for similar buyouts governmentwide, Senior Correspondent Mike Causey says.
February 28, 2012 -
Tom Trabucco, the director of external affairs at the Federal Retirement Thrift Investment Board, which oversees federal employees\' TSP accounts, joined In Depth with Francis Rose to discuss some TSP tips for retiring feds.
February 27, 2012 -
The IRS has offered another, more targeted round of buyouts. The agency, however, plans to grant buyouts and early-outs to a limited number of employees — about 270 out of the 1,600 who are eligible, according to a staff email received by Federal News Radio. An IRS email said the targeted nature of the buyouts is different from previous offers and includes specific areas not covered before. The latest round of early-outs is the third set of offers in as many months.
February 27, 2012 -
Not sure about how much you need to save for retirement? A new online tool from the Office of Personnel Management helps feds figure out how to plan and includes projections for annuities and Thrift Savings Plan benefits.
February 27, 2012 -
Rep. Chris Van Hollen (D-Md.) told The Federal Drive with Tom Temin that he and lawmakers who represent federal employees want to maintain this system for federal employees.
February 27, 2012 -
They say that everybody\'s got a price, so what\'s yours? What would it take for Uncle Sam to convince you to retire? Because you may be facing that decision soon, Senior Correspondent Mike Causey says.
February 27, 2012 -
Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.
February 24, 2012 -
Ever hear of a double-header brain drain? The government is losing two of its best to retirement this month. Odds are they\'ve touched your life, whether you are in a federal agency or a foxhole 3,000 miles away, Senior Correspondent Mike Causey says.
February 24, 2012 -
Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.
February 23, 2012 -
Host Mike Causey will talk about the Thrift Savings Plan with Tom Trabucco, director of external affairs for Federal Retirment Thrift Investment Board. Federal Times Reporters Stephen Losey and Sean Reilly also join the show to discuss how Congress is changing your federal benefits package. February 22, 2012
February 22, 2012 -
The $15 billion generated by the 2.3 percent more that new employees would pay for their retirement would help pay for the extension of unemployment insurance.
February 22, 2012 -
Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.
February 22, 2012