Benefits

  • Do you know the difference between a Roth IRA and the Roth TSP option? Because if you don't, it could cost you thousands of dollars in taxes and in future income when you retire, Senior Correspondent Mike Causey says.

    May 15, 2012
  • If you ask the typical federal/postal worker what his or her greatest job-related fear was, many would answer they are afraid Congress will change their retirement rules and base their benefits on their highest five-year average salary. Yet the likelihood of losing the current high-three system is small compared to other, more real threats, Senior Correspondent Mike Causey says.

    May 11, 2012
  • Host Mike Causey is joined by Federal Times Senior Writer Stephen Losey and Paul Forte and Mary Lou McGuiness with Long Term Care Partners. May 9, 2012

    May 09, 2012
  • What if we elected a Congress that fought all the time, couldn't agree on anything and where Democrats could hardly stand to be in the same building as Republicans, and vice versa? Well, fortunately, for federal workers we may have done that, and it could save you from taking a major pay cut over the next five years, Senior Correspondent Mike Causey says.

    May 09, 2012
  • Are the recent GSA and Secret Service scandals the tip of the iceberg or just business as usual? Senior Correspondent Mike Causey asks. Is Uncle Sam, in reality, more like Charlie Sheen than an Eagle Scout?

    May 04, 2012
  • Would changing federal retirement rules trigger a mad rush to retirement? Or would it turn the government into an institution run by tired, over- the-hill zombies, Senior Correspondent Mike Causey wonders ... kind of like Congress.

    May 02, 2012
  • After years of false alarms about benefit cuts and a brain drain, things are starting to happen, Senior Correspondent Mike Causey says. The federal retirement program may be the next casualty.

    May 01, 2012
  • The federal workers' compensation program has long targeted by agency inspectors general, who have cited the program's lack of oversight and susceptibility to improper payments Some members of Congress also argue the program's benefit structure, which hasn't been meaningfully updated since the mid-1970s, has led to widespread inefficiencies.

    April 30, 2012
  • For years, federal and postal workers have benefited from congressional gridlock. Efforts to cut benefits, or force people to pay more for them, were often blocked by partisan wrangling. But where your pension is concerned, the good old days may be over, Senior Correspondent Mike Causey says.

    April 27, 2012
  • Feds who retire with special skills and top-secret clearances often move into top jobs on Wall Street, with credit card companies or even back in government, Senior Correspondent Mike Causey says. But for those stripped of their clearances, life after Uncle Sam may mean a security guard job at a box store ...

    April 25, 2012
  • Even if you never, or hardly ever, go to a Post Office there's a good chance you went there Tuesday to mail your taxes, and get an SOS from some worried postal employees, Senior Correspondent Mike Causey says.

    April 19, 2012
  • Economist Dave Redden tells For Your Benefit that young people just starting in the federal service stand to gain the most from tax-free funds in retirement.

    April 16, 2012
  • Allan Roth of CBS MoneyWatch and Federal Times reporters Andy Medici and Steve Losey join host Mike Causey on today's program. April 11, 2012

    April 11, 2012
  • In a recent letter to insurers, the Office of Personnel Management requested some changes to federal health plans. Brace yourselves: It's mostly good news. The Federal Drive talked to health-benefits expert Walt Francis to get the details.

    April 06, 2012