When is the best day for you to retire?

The NITP's Tammy Flanagan will discuss the best days to retire and Andy Medici with the Federal Times new problems at the VA, and the high cost of workers compe...

October 8, 2014 — This week on “Your Turn”, Tammy Flanagan, senior benefits director with the National Institute of Transition Planning, joins host Mike Causey to talk about the best dates to retire in 2015.

She says the overall best dates are at the end of the month and also the end of a leave period.

Retiring at the end of the year allows feds to carry over the maximum amount of unused annual leave. Most of it will be paid at the new higher (1 percentage point) 2015 pay rate. And it will save most people in taxes since the annual leave lump sum payout will be in the 2015 tax year.

Also, Federal Times Senior Writer Andy Medici will join us to talk about new problems at the VA, the high cost of worker’s comp and the charitable habits of federal and postal workers.

Listen if you can (1500 AM or online), and if you have questions email them to Mike at mcausey@federalnewsradio.com or call in during the show at (202) 465-3080. The show will be archived here.

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