Increased Retirement Spending Between Ages 62 and 80
According to research by the Institute for Fiscal Studies, individuals and coup…
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Here’s What you should Know About The Thrift Savings Plan
Most people don’t know the main differences between the IRA, 401(k), and the Thrift Savings Plan. Some financial experts regard the TSP as the best plan for federal retirees.
Therefore, you need to know the TSP-eligible participants, its yearly contribution limit, the…
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Is It Right to Offer Too Many Health Benefits
Companies offer health benefits to attract the best employees and r…
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Medicare Deductibles and Premiums Will Decline in 2023
The projected cost of Medicare in 2023 surprises some younger seniors…
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How Social Security Reform Can Help Those Disproportionally Affected by Retirement Tax Breaks
With a Social Security crisis still coming, Congress must approve legislation to prevent the Social Security trust fund from running out of resources by 2034, according to GoBankingRates.com forecasts.
Some reform components urge people to save for retirement on their…
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80% of Employees are Asking for this Retirement Benefit
Even though job openings dropped from Jul…
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Considering retiring soon? How skyrocketing inflation will affect your retirement
Inflation. There are no indications that it will slow down any time soon, and there is no quick fix.
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Can You Retire Just Yet? Three Things to Consider
You may not be ready t…
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Converting Money from a TSP Into an Annuity
Even though it’s one o…
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Three Steps to Help You Retire in A Slowing Economy
People who think about retiring soon and early retirees will have to navigate rough waters during these periods. With the stock market in decline, the economy weakening, and the Federal Reserve signaling future interest rate rises to battle inflation, retirees must make prudent decisions to ensu…
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First Responder Retirement Fix Passes the House and More
A measure to change the retirement system for first responders who sustain injuries while on duty and must seek out new employment within the federal government was unanimously approved by the House on Tuesday.
First responder federal …
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Applying for Divorced Benefits as a Social Security Recipient
Boosting your Social Security benefits may feel more like searching for a needle in a haystack, but it doesn’t have to be that way. There are many seemingly overloo…
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Protecting Social Security
H.L. Mencken famously noted that the objective of politics is to keep the people alarmed (and hence clamorous to be brought to safety) by threatening them with an infinite series of fictitious hobgoblins.
He was correct, and few things in politics reflect his insight …
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Why you can’t rely solely on dividends to fund your retirement
It’s common knowledge that it is crucial to hold various retirement investments that enable income generation. After all, Social Security may be forced to make benefit adjustments in the future, which could mean a lower monthly payout for you.
Even if
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An Open Season Checklist for Federal Employees
Federal employees can review and make changes to their health insur…
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Why Aren’t Annuities Popular Among Retirees?
Could a defined-contribution retirement savings plan introduced in 1918 provide answers to one of the most perplexing 401(k) questions?
…
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Federal Employee Health Benefits (FEHB) Fast Facts
OPM’s lowest-cost countrywide plan choice will be automatically selected for you if you don’t switch plans.The number of providers and their makeup under the Federal Employees Health Benefits program is changing more this year than in prior years. In light of this, OPM recently releas…
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Investing In An Annuity With TSP
An annuity is one of several withdrawal arrangements available in the
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The Six Best Ways For Women to Stretch Their Retirement Dollars
When it comes to retirement, women face unique challenges. Women have a five-year advantage over males in terms of expected lifespan, yet they only earn 84 cents for every dollar their male coworkers bring in. Because of this, it’s not surprising that 60% of women in the most recent Merrill Lync…
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