Tag: Retirement

Have You Forgotten About the Roth TSP?

Filed in Headlines, News by on March 29, 2015 Comments

With all the talk about the TSP possibly opening up a mutual fund window and expanding withdrawal options, you may have forgotten that the TSP also offers a Roth option. The author describes the basics of how the Roth option works to help you decide if it is right for your situation.

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March Madness and Taxes

Filed in News by on March 18, 2015 Comments

March Madness is here! Yes, there’s the NCAA tournament, but the author reminds readers that it’s also tax season and provides some general tips to keep in mind as April 15th approaches.

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GOP Budget Calls for Increased Retirement Contributions

Filed in News by on March 17, 2015 Comments

The House of Representatives Budget Committee released its FY 2016 budget proposal today. Although it offers no specifics, the proposal calls for requiring federal employees and Members of Congress to make greater contributions towards their retirement programs.

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8 Threats for Retirement Accounts Under President Obama’s 2016 Proposed Budget

Filed in News by on March 9, 2015 Comments

While supporters of President Obama’s 2016 Fiscal Budget say the budget will make it easier to save for retirement, the proposal is giving mixed messages when it comes to retirement planning. The author highlights eight budget provisions that would have a negative impact on many retirement accounts.

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Retirement Claims Backlog Grows Again in February

Filed in News by on March 6, 2015 Comments

OPM saw its outstanding backlog of retirement applications grow for a second straight month in February.

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Phased Retirement: Just the Facts

Filed in News by on February 23, 2015 Comments

There has been a lot of talk about phased retirement, particularly its pros and cons. This article is not debating the merits of phased retirement; it’s “just the facts” in a handy bulleted list.

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Turn Your Taxable Portfolio Into A Tax-Free Retirement Account

Filed in News by on February 16, 2015 Comments

Long-time federal workers under CSRS have a unique opportunity for tax-free retirement income. The author describes how CSRS federal employees can contribute to the little-known Voluntary Contribution Program to overcome some of the major contribution limitations with IRAs.

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FedSmith.com Users Showing More Positivity Towards OPM’s Retirement Processing

Filed in News by on February 10, 2015 Comments

FedSmith.com users who have recently retired from federal service indicated some overall improvement in their dealings with the Office of Personnel Management and getting their retirement applications processed.

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