Allan Roth, founder of Wealth Logic and a nationally syndicated financial columnist, said that when it comes to investing, his motto is "Dare to be dull," as in boring.
The detailed version of the President's 2020 budget request includes a series of familiar pay and retirement cuts and a wide variety of proposals designed to change the way agencies compensate, hire, manage and reward both current and future federal employees.
Of the eligible Federal Employees Retirement System participants who have Thrift Savings Plan accounts, January participation rates rose by less than 1 percent because of missed contributions due to the partial government shutdown.
Sen. James Lankford says whatever retirement changes occur should only apply to new hires. Hear this story and more in today's Federal Newscast.
Several members of Congress have declared the President's proposed cuts to federal employee retirement "dead on arrival," while at least one Republican has expressed more of an interest in developing a new system for prospective employees.
Hardly anybody joins the government planning to become rich but you could be well on the way to millionaire status if you meet a few key characteristics.
Ever since the late 1990s some experts on government matters have been predicting a tidal wave of retirements from key federal agencies. That sparked fears of a brain drain as experienced feds fled their jobs heading for the shuffle-board courts.
The Trump administration for the third consecutive year has recommended cuts to federal employee retirement and health benefits as part of its 2020 budget request.
Most of the House Republicans who repeatedly tried to cut costs in the massive FERS program are either gone from Congress or relegated by the 2016 midterm elections to minority status.
Federal retirement planning expert Tammy Flanagan joined Federal Drive with Tom Temin for some of the important questions that need asking before making the decision to retire.
For now, the 35-day government shutdown does not seem to have caused a massive increase in federal retirement, despite predictions to the contrary.
Automatic General Schedule step increases, the lengthy federal hiring process and the retirement supplement for certain employees are among the issues Sen. James Lankford (R-Okla.) has highlighted in his annual waste book.
The average Thrift Savings Plan balance for Federal Employees Retirement System participants — 3.3 million people — was $138,933 in January.
For federal workers the good news is that Congress approved a 1.9 percent raise for them despite the fact that the president wanted to freeze pay in 2019.
As more companies scale-back or more often eliminate retirement plans for their workers, the government’s benefits package looks better and better to many private sector employees. But all comparisons are relative.