Nearly 12,000 more federal employees retired in 2018 than the previous year. It may not be a “tsunami,” but the federal community has said it could be the start of a retirement wave.
This week’s Your Turn guest is estate attorney Tom O’Rourke, a former IRS attorney who now works exclusively on things such as wills, powers-of-attorney, medical directives and trusts, which some would say most people should have.
Participants in the Thrift Savings Plan can officially borrow from their own retirement accounts during future government shutdowns.
If you have a Thrift Savings Plan account what did you do in December when the high-flying stock market, after wobbling a couple months, dropped big time? Financial planner Arthur Stein has some ideas on today’s episode of Your Turn.
If there is another government shutdown on Feb. 15, it may be the earthquake that causes the retirement tsunami to finally strike.
On a more cosmic level, the record-long 35 day shutdown raises lots of questions about the future of government service and civil servants. The issue is whether a lot of people quit or retire in disgust?
The agency that administers the Thrift Savings Plan said there may be a legislative movement building in Congress to allow federal employees more flexibility to tap into their TSP accounts with fewer penalties during future government shutdowns.
The Office of Personnel Management has new guidance for federal employees after the longest government shutdown in history has ended.
So what’s it like inside the shutdown? One furloughed Federal Aviation Administration employee says it’s like being in purgatory keeping busy while waiting for a paycheck.
By the end of January, the government shutdown may impact a group that’s usually untouched from the severe impacts of a lapse in appropriations: Coast Guard military retirees.
Will the government shutdown of 2018-19 trigger the massive brain drain some experts have been predicting since the late 1990s? Or, has it already happened, thanks to four shutdowns in a 12-month period?
Federal News Network is soliciting your questions about your pay, benefits, retirement and other topics during the government shutdown.
Many feds, young, old or retired, invested heavily in the stock-indexed C, S and I funds are nervous about their Thrift Savings Plans. We asked financial planner Arthur Stein what’s going on.
Two weeks after the cut off, DoD now says more than 400,000 service members signed up for the blended retirement system (BRS) and 150,000 new service members were automatically enrolled in the program.