What’s the difference between relaxing, not panicking, and sleeping at the wheel? What do feds do between now and when they plan to retire and, more importantly, when they actually start tapping their TSP accounts?
When it comes to planning your federal retirement, there is no such thing as a dumb question. Some may seem strange, off the way, but if you’ve got a question there is probably an answer you didn’t know about. Or one that surprises you.
Some new retirees suffer an unexpected and extended clash-flow problem. It can have an impact on their standard of living, which includes important stuff, like food, the electric bill and vacations. That can continue until their post-retirement income is straightened out.
Tom O’Rourke, a Washington-area tax and estate attorney and former IRS lawyer, shares his plan to allow federal employees to double their money and to save more than $1,000 in taxes at no risk.
A growing number of savvy feds are and have been rolling outside money into the TSP at an impressive and growing scale.
The Federal Employees Retirement System (FERS) requires some-to-considerable thought and work from those who want to maximize their total retirement benefits.
New federal retirement claims dropped in December as did the number processed.
That 2.7 percent raise doesn't look like so much with prices on the rise. Inflation is scariest for retirees.
Whether you’re a lifer with Uncle Sam, or your current job is just training for a better gig in the private sector, odds are one of these days you will retire.
In case you hadn’t noticed, inflation is at a 20 year high. And this may be the new normal, according to some experts. That’s the not-so-good news.
The Thrift Savings Plan will roll out a suite of new security tools and digital features, including a mobile app, mutual fund window and online customer service options, for participants next summer. Here's a preview of what to expect.
Investing for retirement is tricky enough. Building and keeping a nest egg for life when three virus strains are ravaging the planet only adds to the stress.
Every time there is a federal pay raise AND a cost of living adjustment for retirees, some folks figure they can get a piece of both. While it sounds good in theory, it isn't so simple.
FERS workers must plan their retirement under a system that has lots of moving parts. We asked long-time, successful career fed and part time financial coach Abraham Grungold if he had a plan. He did and he agreed to share it with us.
Recent legislation would get rid of the Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), but the repeal would be temporary. Federal employee groups say it's better than nothing.