Retirement
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For yet another month, the Office of Personnel Management remains within sight of its retirement claims goal, but has yet to hit the target in 2016.
August 08, 2016 -
A new study reviews federal personnel data for employees over age 50, along with feedback from the Federal Employee Viewpoint Survey, to determine what other factors — besides employees' ages — might affect their decisions to retire from the civil service.
August 05, 2016 -
Has the upcoming election got you worrying about your financial nest egg? Senior Correspondent Mike Causey says lots of federal workers are nervous and looking for a safe place to stash retirement cash.
August 05, 2016 -
The Thrift Savings Plan posted across-the-board positive numbers in July, with some of the hardest hit accounts in June showing the highest returns.
August 01, 2016 -
When the U.K. voted to leave the European Union, did you sell all your stocks? Senior Correspondent Mike Causey says it appears that many federal investors did just that.
July 29, 2016 -
After releasing policy on phased retirement last month, DoD is preparing for implementation. DoD components are opting to introduce phased retirement on their own terms by creating individual plans and mentoring guidelines based on their needs.
July 27, 2016 What can you do to protect and grow your TSP account? Financial planner Arthur Stein has some ideas and will share them when he joins host Mike Causey on this week's Your Turn radio program. July 28, 2016
July 26, 2016-
When it comes to growing old, presuming you'll get there, you've got three choices. Get rich so you can afford to take care of yourself. Spend your life savings on nursing care and go on Medicaid. Or buy long-term care insurance, which may not really be long-term nor fully insure you. For an update on option three, benefits and retirement planning expert Tammy Flanagan joins Federal Drive with Tom Temin.
July 25, 2016 -
Reps. Don Beyer (D-Va.) and Gerry Connolly (D-Va.) suggest a restructuring of the Federal Long Term Care Insurance Program as a result of premiums rising this year by as much as 126 percent.
July 25, 2016 Long term care premiums are going up. So what should you do? Paul Forte and Joan Melanson with Long Term Care Partners, will answer that question when they join host Mike Causey on this week's Your Turn radio program. July 20, 2016
July 19, 2016-
Congress and members in the federal community are at a standstill over how to change the Windfall Elimination Provision (WEP) for federal employees and retirees in the Civil Service Retirement System. House Ways and Means Committee Chairman Kevin Brady had a bill that would lessen the WEP penalty, but last-minute changes to the legislation derailed its official introduction to Congress.
July 14, 2016 -
The Office of Personnel Management is within spitting distance of reaching its benchmark for retirement claims after June.
July 05, 2016 NARFE's Jessica Klement and John Hatton join host Mike Causey on the first half of today's Your Turn to discuss reforms to the Windfall Elimination Provision or WEP. Later in the show. Brig. Gen. Mike Meese (Ret.) will talk about what's pending in the Defense Authorization Act and a change to the military TSP plan. July 6, 2016
July 04, 2016-
While some funds managed to stay in the black, the majority posted negative returns in the month of June. This is the first time since February the savings plan’s numbers have dipped into the negative.
July 01, 2016 -
Have you heard about those federal millionaires? How did they do it on government pay? Senior correspondent Mike Causey says they all have several things in common.
July 01, 2016