The Federal Retirement Thrift Investment Board may need to ask for more resources to get through the rest of fiscal 2016, the agency’s leadership warned. The board predicts the money it spends on cybersecurity upgrades and external audits will likely force the agency to exceed 2016 budget allocations before the year ends.
Back in the day, retiring from the government was easy, but Senior Correspondent Mike Causey says people now don’t think about when they can retire, but if they can retire.
What are your best date(s) to retire? Federal benefits expert Tammy Flanagan will answer that question when she joins host Mike Causey on Your Turn. February 17, 2016
Are you one of the oldest employees in your office? If so, Senior Correspondent Mike Causey knows of a special government investment option you should check out.
If the boss offered you a tax-deferred, 5 percent pay raise, would you take it? Senior Correspondent Mike Causey says a lot of government workers say no.
Is your retirement plan a complex spreadsheet with time, taxes, TSP projections and other calculations? Or does it consist of a couple of coin- filled Mason jars behind the refrigerator or buried in the back yard? asks Senior Correspondent Mike Causey.
The Thrift Savings Plan is on a roll and Senior Correspondent Mike Causey has got all the details.
While it’s not quite as tragic as “Romeo and Juliet”, marriages between feds with one in the CSRS retirement plan and the other in FERS can be a tricky thing, says Senior Correspondent Mike Causey.
Republican lawmakers released their Fiscal Year 2016 budget plans this week, containing increased spending for the Pentagon, cuts for non-Defense operating budgets and a hike in federal employees’ contributions to their retirement plans.
House Budget Committee Chairman Tom Price (R-Ga.) released his $3.8 trillion budget plan, which includes language calling for an increase to federal employees’ contributions to their retirement plans. All federal employees would pay 6.6 percent of their pay into their retirement plans. The bill also increases funding to the Defense Department’s Overseas Contingency Operations fund, while keeping total DoD spending under sequestration caps.