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April 20, 2021

Federal Employee Retirement and Benefits News

Federal Retirement Articles




Three Surprising Downfalls of Working During Retirement, by Brad Furges

There's no doubt that there are many advantages of working during retirement. Holding down a job when you retire will give you additional income, thereby reducing the burden on your savings. It also serves as a form of entertainment. The...

A Detailed Guide To Retirement Planning, by Flavio J. “Joe” Carreno

Getting prepared for retirement requires constant savings, investments, and successfully minimizing accrued fees and penalties. You can have more savings in a shorter time if you use your workplace retirement benefits optimally. You can also build your nest egg quickl...

Adjusting Retirement Plans for the New Year

It’s always good to reassess our retirement approach at the beginning of a new year, but it seems even more important given the twelve months we all experienced in 2020. With a global pandemic, low-interest rates, and other financial landscape...

You May Be Ineligible For Social Security Benefits Because of These Two Things

Social security benefits should be accessible to everyone, but if you don’t have enough credits or you don’t pay enough social security taxes, you may be ineligible for these benefits.

Three Things Investors Get Wrong About Retirement

Planning for retirement requires you to know the right decisions you must take while relying on your experience and knowledge If you want to achieve your goal. You should have enough experience with your health and finances when you reflect...

What Clients Should Consider When Building Their Retirement Plan

Financial experts add value in various ways. They are important because they make their clients focus on things they may try to avoid. A good example of what clients usually avoid is retirement planning. Many peo...

The Three Worst Reasons to Claim Your Social Security Earlier Than Your FRA

Social Security is the most crucial program contributing to the financial well-being of American retirees. It has given many benefits to retired employees in the past decades while lifting more than 15 million retired workers from poverty.

How to Protect Your TSP Investments After Retirement

Investing in the Thrift Savings Plan (TSP) while you are employed is essential, and this is more crucial to federal employees. It would help if you made enough TSP contributions to give you a government match while flowing with the...

5 Ways COVID-19 is Impacting Retirement Planning

Most Americans experience tremendous financial strain because of the pandemic, and many employees suffer through pay cuts, layoffs, and furloughs. Some employees even stopped their contribution into their retirement savings account. In contrast, others withdrew from t...

Consider Limiting Contributions to 401(k)s and IRAs

Is it possible to save too much money for your retirement accounts?   The general advice is to save as much as you can to your 401(k) or IRA retirement accounts. However, while this strategy makes sense for individuals planning...

FEHB Plan for Employees

Every year, most federal employees decide on the type of health insurance they want to be covered under during the benefits “open season.” The premium amounts and coverage of health insurance plans change eve...

This Dramatic Risk-Free Investment Will Generate More Income for You During Retirement, by Todd Carmack

The exceptional low yields from government bonds have been a major challenge of managing money in the past few years. When you consider inflation, there may be zero or negative yield. Since traditional retirement investment portfolios consist mostly of bonds,...

Here’s the Retirement Move That Will Pay Dividends Later

You will be surprised to know that you can get around $50,000 extra retirement savings with just $42 every month. This is possible if you increase the deferral percentage on your retirement savings account. Accor...

Should You Refinance Your Home if You Plan for Early Retirement?

Nearing retirement comes with a lot of questions. If you have a house, refinancing your home is a crucial decision you need to take to be financially secure in the future. Mortgage refinance is tempting because of the current mortgage...

Maintain Your Retirement Plan, Don’t Allow Inflation to Affect It

You have been in the workforce for a long period of time, and now you should be thinking about your retirement. Building your retirement plan requires huge planning. At the same time, you may think you have not made the...

Three Retirement Income Streams to Consider in Addition to Social Security, by Flavio J. “Joe” Carreno

Millions of retired Americans rely on their Social Security benefits to take care of their bills during retirement. Considering that the average senior receives about $1,519 monthly in Social Security benefits, the money mostly covers essentials. But why focus only...

Here Are Four Reasons You Should Consider Saving to a Roth IRA

Individual retirement accounts (IRAs) provide investors with an amazing opportunity to save on taxes. By investing in an IRA, you are paying your future self while also lowering your income tax bill. There’s an even better way to minimize taxes,...

Parameters to Consider in the FEHB Five-Year Service Requirement, by Bill Hoff

Suppose you want to carry the Federal Employees Health Benefits (FEHB) program coverage into your retirement. In that case, you must have been covered for the program for the five years immediately preceding your retirement. You don’t have to be...

Not affiliated with The United States Office of Personnel Management or any government agency