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April 26, 2024

Federal Employee Retirement and Benefits News

TSP & Retirement

FEHB Open Season Starts. Are you Ready

All the employees and retirees have been looking forward to the Open Season. The FEHB Open Season has begun for the year 2023. Here are some critical features useful to many employees and retirees. These features help them make a...

Should I Withdraw From Retirement Savings To Pay Off Credit Card Debt?

Your retirement savings are there to help you survive through what could be decades of reduced income. So, it usually tak ...

The Retirement Process: Some Changes at the Last-Minute

In these last three weeks, it was observed that you and your agency OPM had to do something to make you a retiree from being an employee. But a question arose. What if you have doubts? There can be several...

Report Cautions Federal Employees on Recruiting Friends, Family

The inspector general's office for the Department of Justice has issued a warning that might be applicable elsewhere, cautioning ATF personnel against recruiting relatives and friends for employment at the agency. It is usual for ATF personnel to recruit from...

Reemployment and Its Influence on Federal Retirement Benefits

You might have seen a time when you got into a dreadful quarrel over your health benefits plan. You wanted medical procedure coverage in the plan, and it was not there for your needs. Fortunately, there is a method that...

Getting A Head Start For Retirement Plan

Long-term planning is the most effective method to ensure a prosperous retirement. However, only some have years to prepare for their retirement. Steps You Should Take When Your Retirement Is Near There are numerous things to conside...

Benefits of the FEHB Program and the Role of Medicare

Health programs have many procedures that are covered to provide help in every way. People have many concerns when...

Officials in Delaware Revert to the Previous Health Care Plan for State Retirees

Delaware officials decided to maintain the present healthcare plan for state retirees through 2023, which is ...

Workers Place the Most Value on TSP, Annuities, and FEHB.

According to a poll of federal employees, the TSP, re...

How Can I Continue to Provide for My Son After I Retire?

The responsibility of raising children can last a lifetime. Many parents still feel obligated to their childr...

7 Life Events That Can Lower Your Medicare Premiums

Retirees may find that healthcare costs consume a sizable portion of their income. According to

The Benefits and Drawbacks of Investing in Stocks vs. Real Estate

The closer you are to retirement, the less risk you should accept wit...

The Risk of Inefficient TSP Contributions

How much is sufficient? What role does greed pl...

Why Psychology is Important in Financial Planning

The psychology of financial planning is not to transform financial planners into therapists but to help professionals improve their listening and communication abilities and benefit clients. Why Psychology Matters

Your Life or Your TSP? Your choice

What Is the Value of Your Life? Imagine someone pulling a gun on you as you are crossing the street. If you don't give them your wallet, they'll shoot. Most of us would unquestioningly hand over our wallets. But what...

House Members Demand Retirement System Improvements from OPM

Twelve House Republicans have asked

WOMEN ARE TAKING THE LEAD WITH THEIR FINANCES (AND RETIREMENT)

Women today are breaking ground by handling everything from paying the bills and investing to planning their retirement. Women are increasingly taking charge of budgeting at home. In the post-pandemic era, people want more control over their finances, including h...

3 Social Security Changes That May Impact Millions Of Americans Who Aren’t Yet Retired In 2023

Social Security checks are currently sent to over 48 million seniors each month. But many more people will follow in their footsteps over the coming years. Therefore, it is advisable for those who are still in the workforce to pay...

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