Thanks to the FERS, CSRS and Social Security retirement programs, some feds will have guaranteed lifetime payments worth $1 million to $2 million. Are you one of them? If not, what can you do to reach your retirement goals? Find out when attorney Thomas J. O'Rourke joins host Mike Causey on this week's Your Turn. August 1, 2018
Thanks to the Federal Employees Retirement System, the Civil Service Retirement System and Social Security retirement programs many people in the federal government will have guaranteed lifetime payments worth $1 to $2 million.
With three months left to go in the cost-of-living adjustment countdown clock, federal/military/Social Security retirees are looking at a January inflation-catch up of 2.7 percent.
In Mike Causey's absence, long-time reader and IRS retiree Tony Krolik writes about his retirement and tries to quell the fears of feds worried about moving on the face of threatened benefits cuts.
Guest columnist Abraham Grungold, a federal employee and burgeoning financial coach in Florida, offers his federal employee retirement planning checklist.
Federal real estate is not immune from the White House's new comprehensive governmentwide reorganization plan. The proposals aim to speed up sales process for offloading surplus property and create a permanent building project fund.
Obits can help you figure out how much money you are going to need for the years, maybe decades, after your regular paycheck stops. But your urge to live, have fun, travel, etc. continues.
The Trump administration wants to make the federal retirement plan more costly to workers and less valuable to retirees. But officials could probably "drain the swamp" of thousands of bureaucrats if they made the changes effective later rather than sooner.
The Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future retirees. Will Congress pass it? Find out when NARFE Deputy Director for Advocacy John Hatton joins host Mike Causey on this week's Your Turn to discuss the president's proposals. June 6, 2018
Federal retirees in 1980 could establish a standard of living and keep it even during 14 percent inflation and 11-plus percent the following year. Now, the Trump administration has submitted a legislative package that would, among other things, eliminate cost of living adjustments for current and future workers retiring under the Federal Employees Retirement System.
Are you worried about the pay-more-get-less design changes Congress and the White House are considering for your Federal Employees Retirement System and Civil Service Retirement System plans?
The Trump administration's plan to totally eliminate inflation protection for federal retirement, while requiring workers to pay more for smaller lifetime retirement benefits, is the ultimate deal-breaker for most people.
COLAs are based on the rise in inflation, as measured by the Consumer Price Index-W, from the third quarter year over year. It's possible the January COLA will be less if living costs drop, but that is unlikely given the year-long rise in oil-prices, one of the chief drivers of inflation.
Can you afford to retire? If not, what do you need to do to grow your retirement nest egg? Find out when federal benefits expert John Grobe, joins host Mike Causey on this week's Your Turn. May 2, 2018
John Grobe, a former fed and benefits specialist, crunch some numbers you need to know before you retire from a federal career.