Retirement
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We're inaugurating a monthly talk with Art Stein, a man who has long experience in federal financial management and investment strategies.
October 19, 2022 -
The cost-of-living adjustment, or COLA, for 2023 will increase 8.7% for CSRS retirees and Social Security recipients, while FERS retirees will receive a 7.7% COLA.
October 13, 2022 -
Biden’s nominee for OPM deputy director, Rob Shriver, would be the first position-holder since January 2021, if the Senate confirms him.
October 05, 2022 -
35% of TSP participants in the lowest income bracket did not make changes to their TSP accounts after being automatically enrolled, a significantly higher percentage than the other four brackets.
September 27, 2022 -
Earlier this week, the key House Ways and Means Committee voted to clear the bill for a full House vote. The fact that repeal of GPO and Offset has gotten this far, finally, has given many the hopes they will someday collect the full benefits they think they deserve.
September 21, 2022 -
If you are planning on retiring soon (this year or next) have you thought of the lifetime impact of long-term inflation on your diet-COLA annuity?
September 20, 2022 -
For a huge chunk of the U.S. population, the big deal is that more than 73 million people will soon be getting their biggest catch-up with inflation increase in four decades.
September 14, 2022 -
Whether you are just starting out, are at mid-career or are retirement eligible you should have a plan, so know the best date(s) to get the most bang for your annuity buck.
September 12, 2022 -
The monthly average processing time also dropped five days from July. It still remains above OPM's goal.
September 08, 2022 -
For some, TSP (with its generous government match) will provide one-third to as much half the money they have to spend in retirement. Regardless of the percentage, it’s a lot. So how do you become a TSP millionaire?
September 06, 2022 -
Calculations about whether to leave federal service, for many federal career people, tend to juggle the financial considerations. What's the best month, the best health plan, the optimal TSP withdrawal strategy if you're about to retire?
September 01, 2022 -
If you have a simple exit strategy that provides the best deal for you in retirement, there is a good chance it may be wrong. Or at least not very simple.
August 30, 2022 -
Life’s a series of choices. Some easier and more important than others. Like when are you gonna retire? Does it really matter?
August 29, 2022 -
Picking the “best” of the 50 states, tax-wise, can mean hundreds of thousands extra dollars that will be yours, not the Great State of Whatever, for as long as you are retired.
August 25, 2022 -
Many investors know the conventional thing to do, when times are good. But when things go south, which they do regularly, the fight-or-flight instinct kicks in. Times like now.
August 24, 2022