Tag: Retirement

How Do the TSP’s Low Fees Help You?

Filed in News by on June 23, 2016 Comments

The Thrift Savings Plan has some of the lowest fees of any retirement savings plan. What do federal employees gain (or lose) by having these low fees?

Continue Reading »

The Current State of the Social Security Trust Funds

Filed in News by on June 23, 2016 Comments

The Social Security Board of Trustees has released its latest report on the health of Social Security. The report says that the trust funds should enable paying scheduled benefits until 2034, but the author notes it doesn’t actually say the trust fund will last until then.

Continue Reading »

Phased Retirement Coming to DoD

Filed in News by on June 22, 2016 Comments

Phased retirement may be a solution in search of a problem. Agencies have been slow to implement it and reception by federal employees has been languid. DoD is now moving out to implement the program.

Continue Reading »

Life Insurance… Now for the living! Part 2: Chronic Illness

Filed in News by on June 21, 2016 Comments

The author discusses the most tax efficient options for Long Term Care insurance that are available to federal employees.

Continue Reading »

How Much Do You Need in Your TSP to Retire?

Filed in News by on June 16, 2016 Comments

The TSP is a major component of the federal retirement system, but too often, the author says that it becomes the only factor for would be retirees. He explains why striving for some sort of “magic number” in your TSP account can be a bottleneck in reaching your retirement goals.

Continue Reading »

The Old D.I.Y. Approach to Federal Retirement: Will it Work for FERS Employees?

Filed in News by on June 13, 2016 Comments

The author says that under CSRS, a do-it-yourself approach to retirement was more practical for federal employees, but those under FERS may face bigger obstacles trying to go it alone.

Continue Reading »

The Social Security Earnings Test

Filed in News by on June 9, 2016 Comments

The Social Security earnings test will affect any Social Security recipient from the age of 62 until they reach their Social Security Full Retirement Age (FRA). For every dollar earned above the earnings test amount, there is a reduction to an individual’s FERS Supplement or Social Security.

Continue Reading »

Will There Be a COLA Increase in 2017 for Federal Retirees?

Filed in News by on June 5, 2016 Comments

Will there be a COLA for federal retirees in 2017? It is too early to know, but the current situation is not positive. Here are the factors that will impact any adjustment for retirees in January.

Continue Reading »

Free Email Updates

Sign up for our free email updates to get our latest news sent directly to your inbox
  • Get our latest news in your inbox each business day
  • More news from your FedSmith.com authors
  • Get the day's closing prices for the TSP funds
  • Get notified via email when new videos are posted