If Uncle Sam had a special open season when you could change retirement plans, would you pick the old Civil Service Retirement System program or the Federal Employees Retirement System that replaced it in the 1980s?
Washington, D.C. area financial planner Arthur Stein joins host Mike Causey on this week’s Your Turn discuss how volatility in the U.S. stock market is affecting federal workers’ TSP accounts, and whether feds should head for the ‘safety’ of the Treasury securities fund, or stay the course. October 17, 2018
Federal civilian employees are delaying retirement until an average age of 61.8 years, continuing a three year trend recorded by the Office of Personnel Management.
True or false? Work beyond age 70 and you no longer have to pay FICA or Social Security taxes.
Last week’s $1.3 trillion “paper” loss gave a lot of people the jitters, but this is not an unusual amount of volatility.
The U.S. stock market was down 4.21 percent last week or about $1.3 trillion. If you are invested in the Thrift Savings Plan’s C and S funds, that means you, too.
Thanks to the diet COLA rule, people who have already retired under FERS will be limited to a 2 percent COLA in 2019.
In today’s Federal Newscast, base officials are the describing the damage at Tyndall Air Force Base in the Florida panhandle as “catastrophic.”
The 2.8 percent cost of living adjustment coming this January for millions of retirees will be the biggest catch-up-with-inflation increase in years.
Tens of millions of Social Security beneficiaries and other retirees can expect a 2.8 percent increase in benefits next year as inflation edges higher
Last week a reader who plans to retire in 2022 asked for some TSP investing help so we passed the buck to you for the wisdom of the crowd. Here’s what you advised.
September saw fewer new retirement claims in September — 7,142 — than August — 8,826 — but OPM also processed fewer claims in that time than the month before.
When it comes to investment strategies, many Thrift Savings Plan participants have a plan. But one Causey reader needs your help.
During proposed phased retirement, employees would spend 50 percent of their time training younger employees. A win-win situation — so people were told.