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April 29, 2024

Federal Employee Retirement and Benefits News

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You should Get Yourself Ready for a Lengthy Retirement

Everyone has the same hope: to extend their lifespan. Everyone has the hope that they will have a long life. But do we have the financial resources to support such a long life?

Let’s look at a handful of intriguing results from a study conducted in 2022 by Age Wave an…

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Sin #3 and Your 401(k)

What dangers should you accept to reach your financial objective, if any? What’s the cut-off point? That’s a simple question, but the answer can be complex.

How much is “enough” depends on a myriad of factors. What’s more important to you: your nest egg, your ki…

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Learn Everything About Pension and Its Basics

A pension is nothing more than a savings account for the future. The money you contribute is invested and accumulated in a savings account that you can access at a later date if you so want. Generally, the first 25% of the money you withdraw from your pension fund is tax-free, while the rest is …

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House approves 23 Bill for Defense Spending with 4.6% Raise

According to the National Defense Authorization Act for Fiscal Year 2023, as passed in the House, military personnel would start receiving a 4.6 percent pay boost on Jan. 1. This is a result of the Basic Allowance for Housing (BAH), which was increased by 2% as part of the legislation that the H…

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