Last month the Thrift Savings Plan implemented a series of changes in withdrawal rules it hopes/expects will lead to more people leaving their investments in the TSP when they leave government.
Social Security says millions of retirees will get a modest 1.6% cost-of-living increase in 2020 _ and that comes to about $24 more a month more the average retired worker
There were 5.6 million accounts in the TSP at the end of September. A few were just born in the right family but the majority are self-made.
The Office of Personnel Management reported fewer retirement claims received last month, as well as fewer processed, compared to the month prior.
Fast approaching is the health benefits open enrollment period from Nov. 11-Dec. 9, when workers and retirees should shop carefully for the best deal for them and their families.
It’s very likely, especially if you haven’t changed plans in the past few years or are retired, that you are paying more in premiums than necessary.
So how’s the retirement nest egg you’re building one paycheck at a time going?
Washington, D.C. area tax and estate attorney Tom O’Rourke has tips for finding out the state of your estate, and planning for the future.
Most of the Thrift Savings Plan funds showed some small gains in September, with the F fund as the only loser.
Federal-military-Social Security retirees are hoping for a January 2020 cost of living adjustment, which is nice but not as nice as the days of 8% or 9% yearly increases.
Most of the 34,000 active and retired feds with million-dollar-plus Thrift Savings Plan accounts got there by keeping cool. Most have been steady investors for decades.
Senior Correspondent Mike Causey asked long-time reader Tony Krolik if there is life after retiring, which he did from the Internal Revenue Service five years ago.
As the year grows closer to an end, federal employees will be eager to see just how much their pockets will be impacted.
Certain pieces of the federal retirement process can leave you feeling uneasy. There are a few steps you can take to make the process smoother though.