Fed Life — Update from the FEB’s director, Anita Spinner

This week we’ll hear about one way, not often used for retirees, especially on the older end of the age spectrum, to keep some guaranteed income. I spoke with certified financial planner Art Stein about the pros and cons of fixed income annuities, not to be confused with your federal pension.

Plus, Federal Executive Boards, known as FEB’s, do lots of things to keep the federal machinery working in the big federal cities outside of Washington. Federal News Network’s Drew Friedman got an update from the director of FEB’s at the Office of Personnel Management, Anita Spinner.