Retirement
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While it is virtually impossible for a federal or postal retiree to run out of money, it is possible to run dangerously low — even with an annuity indexed in whole, or part to inflation.
April 28, 2021 -
The pros differ on how much anyone, average or not, needs in their retirement emergency cash fund. But you can, and should, work that out sooner rather than later.
April 26, 2021 -
Picking the right time to retire - day and month, not just year - could make a huge difference.
April 22, 2021 -
Although many don't think about it, you likely have an estate you will leave behind. Planning ahead could save you and your family lots of money and heartache.
April 21, 2021 -
Thrift Savings Plan millionaires, many of whom never expected to make it there, provide some perspective.
April 20, 2021 -
The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO), created by Congress, have made monthly raids on the Social Security benefits of millions of retired civil servants for decades.
April 15, 2021 -
In March of 2020, there were 27,212 individuals with $1 million or more in their Thrift Savings Plan accounts. One year later, the TSP millionaires club has grown to 84,808 members.
April 13, 2021 -
An unexpected surge in retirement claims during March exceeded OPM's ability to keep up with the backlog.
April 08, 2021 -
The number of active and retired feds with $1 million or more in their Thrift Savings Plan accounts has jumped to a record 84,808 as of March 31 of this year.
April 08, 2021 -
Want to have a million dollars, at least, in your federal Thrift Savings Plan when you retire? Abraham Grungold, a financial adviser and current federal employee, can help you reach that goal.
April 06, 2021 -
Once again, there are dueling agendas to eliminate or offset the Windfall Elimination Provision, a pesky nuance that reduces Social Security benefits for some federal retirees.
April 05, 2021 -
It's a stretch to say Thrift Savings Plan participants are over the G fund, but the array of lifecycle options are picking up popularity for several reasons.
March 29, 2021 -
Periodically checking on your estate plan is necessary — it can have major consequences for those you care about. This checklist from a former IRS attorney can help.
March 24, 2021 -
More Thrift Savings Plan investors than you think may not understand exactly what their retirement nest egg is invested in.
March 23, 2021 -
Rep. Gerry Connolly (D.Va.) said thousands of outstanding service records requests were delayed at the National Finance Center. A few agencies have warned their employees of retirement delays due to processing lags at the payroll provider.
March 17, 2021