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

May 4, 2024

Federal Employee Retirement and Benefits News

Search Results for: financially ready to retire

Getting Your Adult Children Off Your Payroll

As almost any parent knows, the responsibility to your children doesn't end when they turn 18, and they may still be financially dependent on you, even if they've left the house. According to a Pew Research Center survey, 61 percent of parents with at least one adult child of legal age said they contribute to...Read More

TSP-Like Personal Savings Accounts Would be Created by Bill

The American Savings Act has been reintroduced by Sen. Jeff Merkley (D-Oregon). Currently, federal workers and Congress members use the Thrift Savings Plan (TSP). This reintroduced plan would be modeled after the TSP, giving every worker (not just federal employees) without access to a savings plan for retirement the opportunity of having their savings account...Read More

New Contribution Limits Of The Thrift Savings Plan

  Military personnel and federal employees can put hundreds of dollars more toward their retirement thanks to the rise in contribution Thrift Savings Plan limits.   The most that can be contributed to a TSP account is $18,500, which is a rise in $500 from 2017. People 50 and older may be eligible to contribute

...Read More

Are Federal Employees Connected to the TSP

TSPThere will be a number of Federal employees who will retire at the end of the year.  They will be  met with a plethora of questions and things to do in order to make a smooth transition from work to retirement.  Many of the employees retiring will come from the old Civil Service Retirement System

...Read More

NEWSLETTER WEEKLY-COULD WE BE HEARING WEDDING BELLS

I had the wonderful experience of meeting some financial advisers out in Arizona last week.  The heat was on, but the warmth and engagement in a room of the most magnificent men were beyond explanation.  I conducted a training aimed at introducing  Financial Advisors to the federal retirement systems.  I have long believed that there needs to be

...Read More

NEWSLETTER WEEKLY – THE BLIND SPOT IN THE MIRROR

When driving a car there is the phenomenon of the blind spot.  If you are not very careful you will have an accident because you cannot see what’s there.  Sometimes as workers struggling to advance in our careers, putting everything on the agenda but our futures, we hit a blind spot. It is amazing how

...Read More

NEWSLETTER WEEKLY/SUMMER LEAVE BLUES

Summer has officially come out to play and we are all ready to have fun in the sun.  Summer also means vacations and travel.  Those anticipating retirement should be cognizant of balancing their resources between now and retirement.  That simply means keeping in mind the added value your annual leave can bring to your retirement future.  Annual leave

...Read More

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

©2021 Public Sector Retirement News. All rights reserved. Terms of Use | Privacy Policy
Powered By :  FMM Financial Media & Marketing, LLC, The Best Financial Advisor Websites