Now that more states and jurisdictions are easing social distancing rules, millions of people are stumbling back to pre-COVID-19 normalcy - if you can remember what that was like.
Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.
Windfall Elimination Provision and Government Pension Offset cost millions of federal and public employees even more millions in dollars of benefits.
Time in grade and in government doesn’t automatically mean you will be able to maintain a reasonable standard of living once you’ve traded your biweekly pay check for a monthly annuity.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
When in doubt, and in all things retirement, start with Tammy Flanagan. She’s been thinking and rethinking your career since the virus hit.
March has been a game-changer for billions of people. The pandemic has produced a variety of mid-life crises for just about every thinking person.
The virus-driven stock market crash has hammered the TSP accounts of hundreds of thousands of feds, many of whom had planned to retire this year.
Insight by NITP, Inc. March 23, 2020 – Host Bob Leins, CPA® and co-host Tammy Flanagan, Senior Benefits Director at NITP, Inc. welcome back Paula S. Jakub, RHU; CEO of The American Foreign Service Protective Association,…
Working for the federal government has its rewards and challenges. The same when you retire — a lot of options which also means a lot of choices.
The decision to pull the plug depends on the job, your family situation, health, financial goals and, maybe, whether you’re a glass-half-full versus glass-half-empty type.
Some experts in retirement planning believe that many feds with memories of the Great Recession of 2008-2009 are working longer than they have to.
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
Ask yourself if, when you start tapping your TSP you’ll be glad you invested pre-tax, or do you wish you had taken the Roth option?