More federal employees have retired so far during the first six months of the year compared to the same period in 2020, according to data from the Office of Personnel Management.
June stats from the Office of Personnel Management for newly filed claims showed last month was higher than a year ago, when the pandemic was in full effect.
Despite a deadly worldwide pandemic, the number of active and retired feds with million-dollar-plus Thrift Savings Plan accounts more than doubled in the last year.
Sen. Marco Rubio (R-Fla.) wants the Federal Retirement Thrift Investment Board to take on new fiduciary responsibilities, while a bipartisan pair in the House is eyeing retirement reforms for former temporary and seasonal employees.
Consider the following. Delay your planned retirement by a year or two. Better yet, from a financial standpoint, hang on another three. Or more.
The agency that manages the Thrift Savings Plan is fielding a growing number of concerns about the financial risks of climate change.
Who keeps Uncle Sam afloat and pays for all those projected projects elected officials approve so they can remain in office? A lot of that money comes from estate taxes.
Ever since the late ’90s, experts — both real and self-anointed — have been predicting a retirement tsunami. A tidal wave of office farewell parties that would leave Uncle Sam light in the brains, experience…
When it comes to being a savvy, successful investor, your typical federal bureaucrat may leave other professions in the dust.
Chief Retail and Delivery Officer Kristin Seaver, a USPS executive vice president and its former chief information officer, will retire from the agency on Aug. 28 after a nearly 30 years.
With the 2022 retire cost of living adjustment heading for record territory, many working feds wonder if an inflation-driven boost for retirees will influence their pay raise.
Working slightly longer than you planned can have a big time payoff. And it’s particularly true for federal workers.
One of your best resources for finding the best path to becoming a Thrift Savings Plan millionaire is often a fellow federal employee.
While any pay raise is obviously better than nothing, bigger is better when it comes to the retirement part of life.
Federal retirement activity slowed across the board last month, from new claims to backlogged cases and even the time it takes to process them.