Retirement
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More than 90,000 current and former federal workers have 401k plan balances of half a million dollars or more. Senior Correspondent Mike Causey explains why.
March 08, 2016 -
The Office of Personnel Management saw retirement claims increase in volume in February as its backlog of claims continued to climb upward.
March 07, 2016 -
Investors in the federal Thrift Savings Plan are trying to figure out when their stock funds will return to normal. Senior Correspondent Mike Causey says maybe they already have.
March 07, 2016 -
February marks the fourth month in a row that the Thrift Savings Plan posted negative numbers in nearly all its funds, although the negative returns were less severe than January's data.
March 01, 2016 -
Federal workers and others trying to build substantial retirement nest eggs could be hit with future face limits on how much they can invest and save.
March 01, 2016 Do you know the difference between retirement planning and estate planning? Washington estate planner Tom O'Rourke will explain it when he joins host Mike Causey on Your Turn. March 2, 2016
February 29, 2016-
Do you have an escape route from your job, the date you plan to retire? Senior Correspondent Mike Causey says you actually need two sets of numbers.
February 17, 2016 What are your best date(s) to retire? Federal benefits expert Tammy Flanagan will answer that question when she joins host Mike Causey on Your Turn. February 17, 2016
February 16, 2016-
Randy Silvey, president of Silverlight Financial, highlights three kinds of federal employees who prepare for retirement. And like the three little pigs, the retirement plan made of bricks is the most prepared.
February 16, 2016 -
If you're thinking of retiring or maybe retired a bit early, Social Security has a couple of curve balls for you. One of them concerns claiming your benefits. The elimination of claiming strategies that takes place this year is something you need to keep in mind. Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, joined Federal Drive with Tom Temin to offer some insight.
February 09, 2016 -
As usual, more federal employees filed for retirement in January than any other month in the last year. The Office of Personnel Management ended January with an inventory of 19,761 unprocessed claims.
February 05, 2016 -
Democrats and Republicans both agree the Postal Service needs congressional help to better its budget, but getting there is a tougher problem.
February 04, 2016 -
Do you know the difference between retirement planning and estate planning? Senior Correspondent Mike Causey says most people don’t and it can cost them and their loved ones big time.
February 03, 2016 -
For the third consecutive month, the Thrift Savings Plan funds posted mostly negative numbers at the end of January.
February 01, 2016 -
Even though we've lived through a city-flattening blizzard, the advent of a bear market and umpteen presidential debates on TV, the year is still young. You still have time to do some careful planning on the financial front. Joining Federal Drive with Tom Temin with some predictions for what Congress will do to and about the federal workforce this year is Jessica Klement, legislative director of the National Active and Retired Federal Employees Association.
February 01, 2016