Time in grade and in government doesn’t automatically mean you will be able to maintain a reasonable standard of living once you’ve traded your biweekly pay check for a monthly annuity.
The Thrift Savings Plan has been functioning normally during the pandemic, in large part due to the Federal Retirement Thrift Investment Board’s efforts to move some 80% of its contractor workforce to telework in three weeks.
If your like most federal investors, a not-so-funny-thing happened to your retirement nest egg earlier this year.
Although it’s too early speculate about numbers, some experts in health insurance have projected that premiums overall for all Americans could rise by 40% percent if not more.
The stimulus bill was a heavy lift for Congress, now various agencies are working to implement it. For what it looked like at the ground level and some of the federal concerns, the Federal Drive with Tom Temin spoke Virginia Rep. Jennifer Wexton (D).
With the stock market reeling from the impact of the coronavirus who do you feel sorriest for, the 22,432 TSP millionaires or the 5 million-plus smaller investors?
Agencies such as the Department of Veterans Affairs are calling on federal retirees to return to government and help with their coronavirus responses as reemployed annuitants. Thinking of joining them? Here’s what you need to know.
The Office of Personnel Management has given the Department of Veterans Affairs authority to rehire retired federal medical professionals.
The Office of Personnel Management’s latest report of retirement claims may not be a reliable picture of the coronavirus’ impact on the federal workforce size to date but compared to 2019 the numbers are significantly down.
Not so long ago in what now looks like the good old days hundreds of Thrift Savings Plan account holders were hoping to be inducted into the Millionaires Club.
The Thrift Savings Plan millionaires club was going strong before the coronavirus pandemic. Now, it’s lost 45% of its members.
Most Social Security benefits and retirement checks will come as planned. And federal retirees who receive Social Security benefits won’t need to file separate forms to receive upcoming coronavirus stimulus checks from the IRS.
Not even the usually steady G fund could evade the global economic impact of the coronavirus pandemic last month, as all Thrift Savings Plan funds showed noticeable decreases in monthly returns.
When in doubt, and in all things retirement, start with Tammy Flanagan. She’s been thinking and rethinking your career since the virus hit.