Retirement

If the government starts pushing employees to show up in offices without mandating masks and social distancing, we could see an uptick in retirement rates.

If you’re a nose-to-the-grindstone type who has been toiling for decades while dreaming of fun and fulfillment in retirement you might want to do a reality check.

While most feds oppose WEP and GPO, today’s guest columnist said he’s looked at the background, crunched the numbers and in his opinion they are fair.

In today’s Federal Newscast, the Transportation Security Administration soon will offer early retirements to employees across the agency.

Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting a COLA in January 2021.

The Civil Service Retirement System (CSRS) celebrated a big birthday last Friday, but there are few federal participants left in the government’s once signature pension plan.

They say that the coronavirus is a threat to all of us regardless of who we are and where we live – we are all in the same boat. But are we really?

Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.

For obvious reasons, nobody has a handle on where cost of living adjustments or health care costs/insurance premiums will end up.

Windfall Elimination Provision and Government Pension Offset cost millions of federal and public employees even more millions in dollars of benefits.

Do you find yourself wistfully looking back to the good old days of 2008-09? If so, welcome to what may be a fast-growing club.

Over the past five months, there have been some major changes to the tax code that could impact the amount you pay and how effectively you use the money in your Thrift Savings Plan, if at all.

A few more feds parted ways with the government last month, but still no more than they did a year ago.

Whether you are a plodder or a planner, foot-loose or up-tight, odds are your retirement checklist didn’t mention the possibility of a once-in-a-lifetime pandemic that would knock the 11-year bull market to its knees.