Retirement
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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.
December 16, 2021 -
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.
December 14, 2021 -
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.
December 13, 2021 -
After November's dramatic spike, the FYTD average processing rate is still the highest it's been in a year. But the monthly average is now back to around what it was in February and June.
December 09, 2021 -
For most workers, the perfect time to retire, the moment when it seems just right, depends on lots of things ranging from health and family situation to the stock market.
November 23, 2021 -
Some agencies are tentatively setting reentry dates early next year. The Biden administration acknowledged those dates are stirring up some anxiety among some retirement-eligible feds who have been teleworking full time for nearly two years.
November 22, 2021 -
The January cost of living adjustmnent for most retired feds, military and Social Security reciepents will be 5.9%. But the keyword is “most.”
November 16, 2021 -
Agencies say they're trying to become more flexible, attract private sector workers looking for a change and retain current federal employees wanting to keep what they got a taste of during the pandemic.
November 10, 2021 -
The fiscal year to date average processing time increased from 79 days to 95 days between September and October, which is the highest it's been for at least a year.
November 08, 2021 -
For many long-term investors — like folks in the Thrift Savings Plan — the question is simple. What, if anything, should I be doing with my portfolio?
November 03, 2021 -
When people leave government, either for another job or retirement, about a third take their TSP accounts with them.
November 02, 2021 -
A growing number of savvy feds are and have been rolling outside money into the TSP at an impressive and growing scale.
October 28, 2021 -
Natural language processing and automation are some of the technologies agencies are considering both to cope with an aging out of the federal workforce.
October 27, 2021 -
In today's Federal Newscast, the TSP is rolling out some new services for participants next summer.
October 27, 2021 -
There are also lots of things to consider, including picking the best health plan for you and yours to get you through 2022.
October 27, 2021