Things to Take Care of as Retirement Gets Closer, by Michael Sesler
April 7, 2021 / by Admin If you’re the type of person who has picked ahead a perfect date to retire, and if that date is by the end of this year, it’s time to start counting the days. Take a look at this list with...
Possible Change to Military Retirement Pay and Tax with State Bill, by Mark Heinrich
April 6, 2021 / by mark heinrich At the beginning of every year, it’s normal to see rumors of potential bills flying around as lawmakers around the country make their views heard. With House Bill 83, four State Representatives have come together to fight for military service...
Federal Worker Increased Leave Supported by Lawmakers by Mark Heinrich
March 27, 2021 / by mark heinrich If we can summarize the key themes of the new Congress session so far, many of the stories would revolve around federal employee benefits and pay. For Sen. Brian Schatz and Rep. Gerry Connolly, the focus was on the annual...
Another Retirement Surge as 2021 Increases Backlog
March 26, 2021 / by leslie "kathy" hollingsworth After the retirement surge in January 2020, employees at the Office of Personnel Management were secretly hoping that the same thing wouldn’t happen for a while. Then, the world welcomed 2021 with hopes that the pandemic would end and a...
Distribution-Focused Strategies to Help Reach Your Retirement Goals, by RICK VIADER
March 25, 2021 / by rick viader For much of our working life, it seems that most of the focus is on saving for retirement. From an early age, we work hard to ensure there’s a healthy pot of money for the chapter of our lives after...
Expanded Paid Family Leave for Federal Workers, by Dennis Snoozy
March 20, 2021 / by dennis snoozy Last month, it was revealed that House Democrats would support federal employees by expanding paid leave benefits. Two years ago, lawmakers introduced the paid parental leave program, and now Democrats want to build on this success. Essentially, the Comprehensive...
Comprehensive Guide on CSRS Offset: What You Need to Know About CSRS Offset, by Mark Heinrich
March 19, 2021 / by mark heinrich Since FERS replaced CSRS in 1987, many federal authorities transitioned to the new retirement system, but others chose to remain in the old system. Of those who chose to remain, some are under the CSRS Offset, a branch of the...
Four Important Decisions for Federal Retirement, by Aaron Steele
March 15, 2021 / by aaron steele Unfortunately, many federal workers close to retirement make mistakes that come back to haunt them after leaving the world of work. If you want to avoid these mistakes, it’s important to listen to the advice of financial advisors and learn...
Standardized Federal Retiree Annual Changes Incoming?, by RICK VIADER
March 14, 2021 / by rick viader For many years, retired workers have caused themselves headaches while trying to calculate annuity payment increases. If one lawmaker gets their way, this system will one day change to standardize all increases. HR 304, otherwise known as the Equal...
Google Article 10-3 Sponsored By:Hannahfree Melton
March 10, 2021 / by hannah melton Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type...
Should You Leave Your 401(K) Balance In An Employer’s Plan?, by Mark Heinrich
March 10, 2021 / by mark heinrich Every employee has to make a significant retirement decision when leaving an employer. You have to decide whether to leave your 401(k) balance in the employer's plan or move it somewhere else as you go. It's a decision you have...
Here’s What to Do if You Are Close to Retirement But Don’t Have Enough Saved Up, by RICK VIADER
March 9, 2021 / by rick viader If you are nearing retirement and don't have much saved to your retirement nest, then you are not alone. Over 45% of baby boomers have the same fear of running out of money during retirement, according to the 20th Annual Retirement...
Do You File for Social Security Early to Allow Your Retirement Account to Grow?, by Aaron Steele
March 8, 2021 / by aaron steele What lengths are you willing to go to avoid making withdrawals that can limit the growth of your retirement savings? If you are forced to retire earlier than anticipated, the likely move will be to file for social security benefits...
You Need To Rethink Claiming Your Social Security Benefits at 65, by Brad Furges
March 6, 2021 / by brad furges The majority of Americans are hopeful that when they are 65, they can retire and subsequently file for social security benefits, which many people depend on when they get older. Social security benefits, coupled with cash flow from personal savings...
Are You Enrolled in the Medicare Advantage Plan? Here Are Four Reasons You May Want to Switch Your Plan
February 23, 2021 / by Admin If you are a retiree or a potential retiree, healthcare may probably be one of your largest expenses. And it’s not an expense you can choose to avoid or settle for less. If a retiree enrolls in Medicare Part D...
Everything You Should Know About Saving For Retirement in 2021
February 22, 2021 / by Admin Each year, the IRS adjusts the retirement contribution limits. Keeping up with these changes is essential for your saving progress, especially if you qualify for catch-up contributions or if you are flirting with the imposed limits. Below are some essential...
Workers Could Lose $100,000 Through 3 Simple Social Security Mistakes
February 21, 2021 / by Admin In 2021, millions of Americans will again rely on Social Security for a significant portion of their retirement income. In addition to retired workers, many disabled Americans also see Social Security as a much-needed lifeline. Despite the popularity of this...
