May 18, 2018 / by Admin
The fiscal budget proposal for 2019 put out by the White House on February 10th had some unpleasant tidings for employees of the federal government. The Trump Administration’s suggestion of a pay freeze was one of the most worrisome. For...
May 16, 2018 / by Admin
In November 2017, the Federal Retirement Thrift Investment Board option to expand its I Fund, which included the following: small-capitalization businesses, emerging markets, and Canada. You can read the full plan by checking out their November meeting minutes. In a...
May 15, 2018 / by Admin
Free money—that’s the key advantage to using the Blended Retirement System (or BRS, for short) for people in the military and the federal government. Every time a person contributes to their Thrift Savings Plan (TSP) retirement account, the service matches...
May 14, 2018 / by Admin
What Does the TSP Modernization Act Mean? A significant number of federal employees are using the Thrift Savings Plan as their key retirement savings account. After all, it comes with easy-to-comprehend market indexes with little fees. It allows them to match...
May 13, 2018 / by Admin
When you are preparing for retirement, some things may come as a surprise. Retirement has changed significantly over the years, as American culture and economics have changed what retirement looks like for you as compared to your parents. Fact #1:...
May 12, 2018 / by Admin
Recently, President Donald Trump announced that there would be drastic cuts in federal retirement benefits that would affect current and future employees attempting to retire. Among other changes, the retirement system would take a $143.5 billion cut in funding. In the...
May 11, 2018 / by Admin
Recently, U.S. President Donald Trump threatened yet another government shutdown if Congress did not provide more funding to build the Mexican border wall. “That wall has started,” said Trump as a campaign rally in Washington, Michigan. “We have 1.6 billion...
May 10, 2018 / by Admin
The intricacies of LEO and firefighter retirements are considered to be unique as compared to the public sector in general; between early retirement, more generous annuities, and other small changes, it can be a challenge to understand quite what to expect...
May 9, 2018 / by Admin
A large number of government employees are up in arms about the Republican’s 2019 budget proposal. The GOP has termed the legislative proposal, A Framework for Unified Conservatism. After watching a House of Representatives led by Speaker Paul Ryan (R-WI),...
May 8, 2018 / by Admin
Life insurance is always a challenging thought to confront- the idea that you have to pay to protect yourself in the event of your death is a grim concept, but it is also a necessary one. Remember, in the best...
May 7, 2018 / by Admin
Health expenses are increasing with no real signs of slowing down any time soon. And for seniors, the costs can be astronomical. Of course, most employees and retirees when they turn 65, will see Medicare covering most of these expenses....
May 6, 2018 / by Admin
The last few months have been a rollercoaster ride for the stock market, and the rollercoaster seems to be getting even faster with the prospect that a U.S. and China trade war could ensue. The question is, does it really...
May 5, 2018 / by Admin
Most people, when they want to withdraw money from their TSP, use the equal monthly payments. When the TSP Modernization Act is enacted, it gives people the option to pick how they want their payments – annually, quarterly or monthly. ...
May 4, 2018 / by Admin
Most people have filed their federal tax returns by now, and many of them have already spent the money received. While refunds are tremendous and spending them for what a person wants is lovely, it’s the money you end up...
May 3, 2018 / by Admin
The Thrift Board revealed that new managers for its F and I Funds would be chosen. In November 2017, the Board sent out a “Request for Proposals” for a new F Fund manager, and it hopes a decision on...
May 1, 2018 / by Admin
The primary federal retirement program provides various ways in which to set up survivor benefits. The Thrift Saving Plan (TSP) offers a plethora of opportunities in setting up the annuity benefit. TSP withdrawals can be made by multiple of ways...
April 29, 2018 / by Admin
The Thrift Board revealed that new managers for its F and I Funds would be chosen. In November 2017, the Board sent out a “Request for Proposals” for a new F Fund manager, and it hopes a decision...
April 28, 2018 / by Admin
Data compiled by Bloomberg reveals that according to the Standard & Poor’s 500 index, there has been a massive drop in stock prices. The US stock markets valuation has experienced a 10% drop in the last couple of days. This...