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Employees of the Department of the Navy and the United States Postal Service in Western Washington have been sent a warning that federal retirement counselors don’t conduct house calls. Someone who claims to be a

As they prepare to retire, millions of individ…

Many Americans look forward to receiving Social Security payments at the end of a long career…

Federal employees should keep their eyes fixed on the Thrift Savings Plan (TSP) over the next year.

Which of us have attained, or have passed, our career’s “Bon Jovi moment”? What do Bon Jovi moments entail? It’s when you’ve made it midway. In Jon Bon Jovi’s famous track Livin’ on a Prayer, the band declares that the track’s themes (Tommy and Gina) were midway there. Where “there” is …

Should fossil-fuel firms be divested from retirement savings accounts and pensions? This technique is growing more common across the world. Pension schemes in Scandinavia have revealed divestments from fossil fuel companies in recent years. Moreover, the UK NEST retirement funds, a government-ru…

Do you know that your beneficiaries now supersede Wills and Trust? 

How are the Thrift Savings Plan (TSP) …

It’s essential to work towards maxing your Thrift Savings Plan (TSP) contributions, especially if you plan to retire by the end of the year…

When we leave the workforce, the nest egg we meticulously built up throughout our employment becomes one of three things: income, a legacy for loved ones, or tax obligations to Uncle Sam. I…

Many people in the U.S. enter retirement with little or no savings. As a result, the majority of all of their income comes from their Social Security payment.

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If you contribute to an IRA or an employer-sponsored 401(k), you may be eligible for the Saver’s credit, commonly known as the Retirement Savings Contributions Credit.According to the IRS, beginning in 2018, if you were the intended beneficiary, you may also be eligible for a tax credit for …

The 24-second shot clock was invented in 1954 to compel NBA teams to speed up their games. Without it, teams have no sense of urgency and could …

Financial companies are constantly improving, and the latest improvement within the sector is customer service provision. Many agencies now provide efficient customer service to their client, earning them more referrals while maintaining existing client loyalty. Agencies providing service to fed…

As you approach retirement, chances are you’ll …

Over the next few months, there will be several changes to the Thrift Savings Plan (TSP). The first change will occur in May 2022 and involve transitioning the thrift savings plan to a new provider. The update to the TSP service provider was known earlier due to the announcement made on January …

How Do You Change FEHB Enrollment During Retirement?

This article examines Federal Employees Health Benefits (FEHB) coverage and how retirees can change the policy due to specific life-changing events. Although many federal employees are conversant with how and when t…

You have been working, saving, and investing for retirement with zeal. You worked 40 or even 60 hours a week for over 50 years. Finally, you may relax and enjoy activities like bridge, golf, fishing. You no longer have to drudge to work or answer to your boss.

T…

The Office of Investor Education and Advocacy, a subdivision of the U.S. Securit…

In this article, we’ll deal with an essential yet unsettling question: What benefits would be payable, and to whom, when you pass away…

FERS Supplement at 60 or 10% Bonus at 62

Many FERS employees ask which is more profitable, FERS supplement or the 10% pension bonus. The truth is, the difference between the two choices is way more significant than most people think. This article exam…