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Public Sector Retirement - PSR - Three Strategies for Early Retirees to Reduce Health Insurance Expenses

Three Strategies for Early Retirees to Reduce Health Insurance Expenses. By: Kathy Hollingsworth

Until you are eligible for Medicare, you’ll have to get health insurance by yourself, which can be costly. Subsidies provided by the Affordable Care Act (ACA) can be quite beneficial, but you must manage your income in order to qualify. Here’re three tips to help you get there. Rising healthcare expenses could be a risk...Read More

Public Sector Retirement - PSR - Protecting your right to a deferred annuity

Protect Your Right to a Deferred Annuity. Sponsored By: Todd Carmack

Many people work for several years in a job and then leave for one reason or another before they are eligible to retire. What distinguishes people who work for the federal government is that deductions from their income have been made for a civil service annuity during their employment. While many people who quit government...Read More

Will COVID-19 Impact Options for TSP Investors? By: Brad Furges

In recent months, the federal government has introduced many changes in its Thrift Savings Plan (TSP). Most of the newly introduced modifications have nothing to do with the novel COVID-19 coronavirus pandemic, but some unexpected events can inevitably impact the investors. In this case, it is advised to expand the I fund and include more...Read More

Public Sector Retirement - PSR - Here's Complete Information on Which States do and do Not Tax Income from Social Security Benefits

Here’s Complete Information on Which States Do and Do Not Tax Income from Social Security Benefits. By: Marvin Dutton

The Tax Foundation recently released a report that mentions the names of the states that do and do not impose a tax on income from Social Security benefits. In this article, we have included all states and cleared which states will tax or not tax your Social Security benefits. All of us know that information...Read More

Public Sector Retirement - PSR - Significant Number of 401(k) Participants Have no Knowledge About its Fees

Congressional Watchdog Finds That Almost 40% of Participants Don’t Understand 401(k) Fees. By: Joe Carreno

On Thursday, August 26, 2021, the Government Accountability Office (GAO), a congressional watchdog, released a report stating that almost 40% of 401(k) participants do not fully understand the scheme’s fees. For the past ten years, the US Department of Labor has requested sponsors to educate participants about the fees associated with their accounts. Yet, a...Read More

Public Sector Retirement - PSR - Delaying Your Well-Deserved Retirement For Two More Years Might Be Worth It

Delaying Your Well-Deserved Retirement For Two More Years Might Be Worth It. By: Kathy Hollingsworth

Unless you hate your job, win the jackpot, have health problems, or marry a billionaire, you should think about delaying your retirement by a year or two. Even better, from a financial viewpoint, wait three more years, or even more, if possible. That’s a reality for most still-working public workers covered by the Federal Employees...Read More

What Next to Manage Your TSP: Buy, Sell, or Sit Tight? By: Brad Furges

Some time back, hundreds of Thrift Savings Plan account participants were dreaming of their entry into the Millionaires Club. Some believed that by mid-year, their accounts would have more than $2 million. Now, this seems like only a dream. So the question for all federal employees who are managing their finances during their retirement is...Read More

Public Sector Retirement Education - PRSE - Savings Tips for Workers Who Are Close to Retirement

Savings Tips for Workers Who Are Close to Retirement. By: Marvin Dutton

Millions of workers born between 1946 and 1964, the baby boomers, are close to or have already retired. However, not many of these people are completely prepared for retirement. Many of the workers in this category do not have enough savings to support themselves. Yet, increased lifespan expectations and rising healthcare costs have increased the...Read More

Public Sector Retirement - PSR - Things Not to do While Managing Your TSP During a Pandemic

How to Approach Retirement as a Small Business Owner. By: Flavio J. “Joe” Carreno

Running your own business has numerous advantages, including the ability to determine your work schedule and the possibility of raising your income. However, without the benefits usually provided by large employers, saving for retirement is often left up to you. When you operate a small business, nearly every aspect of it becomes entangled with your...Read More

Learn How to Live a Retirement That’s Worth Saving for

The majority of retirement planning advice focuses on how to save enough money to replace your salary. However, employment delivers us much more than just money. What we do gives many of us a sense of meaning, achievement, and even identity. Work also provides social ties and a structure in our days. Losing all of...Read More

Public Sector Retirement - PSR - Eligibility Requirements for FERS Disability

Bills to keep an eye on: TSP alterations, retirement help for former seasonal federal employees, and others

The Thrift Savings Plan (TSP) is once again in the sights of Congress. Sen. Marco Rubio (R-FL) proposed a new bill to give the TSP's board new fiduciary duties. The Federal Retirement Thrift Investment Board (FRTIB) is mandated by law to operate only in the fiduciary interests of its participants. This bill is known as...Read More

What Will the Condition of Your FEHB be After Retirement?

One area federal employees ask a lot of questions about is the FEHB program. Here a few ways in which the plan changes for Feds after retirement. Does FEHB Coverage End With Retirement? No, it does not. Feds can continue enjoying the Federal Employees Health Benefits (FEHB) coverage after retirement as long as they fulfill

How to Submit Your ‘Healthy’ and Complete Federal Retirement Application. Sponsored By: Jeff Boettcher

If you are currently going through the process of planning your retirement, you will need to submit a complete federal retirement application

New Federal Tax Law: A Blessing for About-to Retirees By Bill Eager

New Federal Tax Law: A Blessing for About-to Retirees By Bill Eager Introduction As per Bill Eager recently, Congress has passed an enormous document of federal tax law, and President Trump signed it. This law incorporates several provisions that are beneficial to those who have reached the age of retirement. In this article, we will

What Steps Must You Take For A Successful Financial Retirement By Bill Eager

The Steps You Must Take For A Successful Financial Retirement: By Bill Eager As per Bill Eager most federal employees are thinking about how they’ll spend their life after they retire. If you’re set to retire this year (with a date already in mind), it’s time to file your paperwork. The transition from employment

Retirement Dates: What’s Ideal? by Michael Wood

Michael Wood has been a licensed professional for almost 20 years, and he has focused exclusively on those consumers who are close to or already retired. To leave a government job after a long career can feel rewarding in most cases. For those employees that cannot stand their boss, or don’t share anything in common...Read More

retirement planning for federal employees

Are Your Savings Right for Retirement?

What are you doing to save for retirement? It’s probably not enough. There are a variety of reasons you probably aren’t saving enough, but are they good enough to excuse causing yourself more hassle and pain down the road? According to a 2018 retirement savings survey, about 42% of Americans will retire without sufficient savings-

Federal Employee Health Benefits and FEGLI at Retirement by Bob Wiener

Federal retirement expert, Robb Fenton, explains how Federal Employee Health Benefits and FEGLI works at the point of retirement.

DOL Conducted Higher Number of Retirement Audits: Survey

DOL has conducted a lot of retirement audits in the last two years and has found out that some audits were not done by highly experienced CPAs.

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Three Strategies for Early Retirees to Reduce Health Insurance Expenses. By: Kathy Hollingsworth

Protect Your Right to a Deferred Annuity. Sponsored By: Todd Carmack

Will COVID-19 Impact Options for TSP Investors? By: Brad Furges

Congressional Watchdog Finds That Almost 40% of Participants Don’t Understand 401(k) Fees. By: Joe Carreno

Delaying Your Well-Deserved Retirement For Two More Years Might Be Worth It. By: Kathy Hollingsworth

What Next to Manage Your TSP: Buy, Sell, or Sit Tight? By: Brad Furges

Savings Tips for Workers Who Are Close to Retirement. By: Marvin Dutton

How to Approach Retirement as a Small Business Owner. By: Flavio J. “Joe” Carreno

Learn How to Live a Retirement That’s Worth Saving for

Bills to keep an eye on: TSP alterations, retirement help for former seasonal federal employees, and others

What Will the Condition of Your FEHB be After Retirement?

How to Submit Your ‘Healthy’ and Complete Federal Retirement Application. Sponsored By: Jeff Boettcher

New Federal Tax Law: A Blessing for About-to Retirees By Bill Eager

What Steps Must You Take For A Successful Financial Retirement By Bill Eager

Retirement Dates: What’s Ideal? by Michael Wood

Are Your Savings Right for Retirement?

Federal Employee Health Benefits and FEGLI at Retirement by Bob Wiener

DOL Conducted Higher Number of Retirement Audits: Survey

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