FERS
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Most experts say it is essential that people under the Federal Employees Retirement System put at least 5% into the Thrift Savings Plan.
August 28, 2019 -
When the Federal Employees Retirement System was being developed in Congress, most people didn’t switch even though they probably should have.
August 26, 2019 -
Since the 1980s some federal offices and postal stations have been divided by a form of pension envy between CSRS and FERS.
August 22, 2019 -
With two critical months to go in the cost of living adjustment countdown, federal, military and Social Security retirees are in line for an inflation catch-up.
August 15, 2019 -
Most current federal retirees, and a small percentage of folks still on the payroll, are under the old Civil Service Retirement System. It offers a generous lifetime annuity that is based on salary and length…
August 14, 2019 -
The size and purchasing power of your 2020 biweekly paycheck or monthly annuity payment will be decided in a couple of months. The good news about the January 2020 COLA for federal, military and Social Security retirees is that there almost certainly will be one.
August 12, 2019 -
Thanks to a 1997 tax law that included the then-new Roth option, many people saving for retirement now have two choices.
August 01, 2019 -
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
July 30, 2019 -
Many federal and postal workers live and work in high tax states, so many retire to low-or no-tax states to get more from their annuities.
July 11, 2019 -
Are there states where retirees can get tax breaks and enjoy a better standard of living? Short answer: Yes.
July 05, 2019 -
Despite a decade of mostly good-to-excellent returns in the stock-indexed C, S and I funds, most of the money feds have invested in their in-house 401(k) plan is in the fund which typically had the lowest returns.
June 11, 2019 -
Most TSP investors know the stock market is long overdue for a major correction. The question is when will that happen, how long will it last, and what if anything you should be doing about it?
June 07, 2019 -
When it comes to saving and investing for retirement, federal and military personnel are way ahead of their private sector counterparts.
June 03, 2019 -
Between March 2018 and March 2019 the self-made millionaires club of the Thrift Savings Plan added 9,540 new members.
May 30, 2019 -
The slight upward creep in living costs in the first four months of this year points to a modest January 2020 cost-of-living adjustment.
May 23, 2019