March 2, 2018 / by Admin
It is quite unusual for federal agencies to publicly air out their policy disagreements in an aggressive manner. The following is an example of a case that is very unusual. The Office of Inspector General (OIG) was requested...
March 1, 2018 / by Admin
It is quite unusual for federal agencies to publicly air out their policy disagreements in an aggressive manner. The following is an example of a case that is very unusual. The Office of Inspector General (OIG) was requested...
February 28, 2018 / by Admin
Some predictions by futurists might appear like pure science fiction, but it is interesting to know that some of them might turn into reality. For instance, the prediction that some people will live more than 130 years in the coming...
February 27, 2018 / by Admin
Proposed Federal benefits cuts: Who will they affect? Recently, the White House announced several proposals that would reduce or eliminate some benefits for Federal employees. Some concern is valid– but at the same time, it is not yet the time...
February 26, 2018 / by Admin
It is advisable for married partners to plan together for their future as this helps them to easily deal with life events. The following are some of the benefits that federal employees should consider when planning to get married; ...
February 25, 2018 / by Admin
The Thrift Savings Plan had a total of 9,599 millionaires by the end of December 2016, and this was beyond the expectations of many stakeholders. Since then, there has been rapid growth in the number of millionaires joining the plan...
February 24, 2018 / by Admin
In simple terms, this is a TPS retirement account loan option available for employees of the federal government and uniformed service members. A TPS loan is of great help for eligible individuals who need to borrow cash for an...
February 18, 2018 / by Admin
Social Security Administration Underfunded by Congress The Social Security Administration is there for Americans when they are at their most vulnerable. When Americans are going through retirement, the death of a loved one, or are faced with a life-changing disability,...
February 17, 2018 / by Peter K
Retirement Plan Dilemma for Military Personnel The current and prospective military service members could definitely be affected by changes to the pension system. The new plan has a defined contribution plan that is combined with the traditional pension. However,...
February 16, 2018 / by Peter K
The Social Security Administration May be Failing in their Role There is a troubling report that revealed how most people could lose thousands of dollars in costs due to limited information about the benefits associated with Social Security. There are...
February 15, 2018 / by Peter K
How your Retirement Income is affected by WEP CSRS employees and retirees are usually eager to learn about the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP) provisions. The only way to understand the provision is by asking...
February 14, 2018 / by Peter K
Pay Right Away or Wait for Later In previous years there was a series of advertisements that involved an auto mechanic trying to market a particular brand of oil filters to viewers. At the end of the commercial, there was...
February 13, 2018 / by Admin
Recent Rise in Social Security Figures The new Social Security withholding tax of 6.2% takes effect on 2018 salary, or self-employment income, up to $128,400 (which was previously $127,200). The Social Security Administration (SSA) initially announced $128,700, which was later...
February 12, 2018 / by Admin
USPS Offers Early Retirement to 26,000 Employees Owing to declining mail volume, there is a need for the U.S. Postal Service to reduce its workforce. The retrenchment process has started already, as 26,000 postal clerks and mail handlers have been...
February 1, 2018 / by Peter K
The Special Retirement Supplement There is a financial difference between the calculation of annuity under the threatened high-5 formula and the current high-3 formula. Also, there is a new legislative proposal that calls for the elimination of the special retirement...
January 25, 2018 / by Jeff Spencer
Earning Social Security Credits By Jeff Spencer Jeff Spencer developed his passion in helping others with financial planning at a very young age while enlisted in the Air Force, stationed in England working on aircraft as a crew chief. Over the...
January 23, 2018 / by Admin
TSP Investors Failed to Benefit from 2017 Emerging Market Gain Many Thrift Savings Plan investors benefited in 2017, but many also failed to take advantage of the 37.2% emerging markets gain. The reason is that they couldn’t access these...
January 16, 2018 / by Admin
Retirement Processing Efforts Doubled Before Surge in January The Office of Personal Management was very busy last month, especially compared to November. The agency was preparing for an annual rush of new requests for retirement claims. In December, OPM processed...