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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.
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.
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.
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.
The January cost of living adjustmnent for most retired feds, military and Social Security reciepents will be 5.9%. But the keyword is “most.”
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.
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.
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?