Spring Cleaning is basically just trimming away the excess, updating, and even evolving. It’s a great idea to do this with many areas of your life, including your retirement portfolio. The authors outline three simple steps you can take to put your spring cleaning plan for your retirement savings into action.
The G fund inside of the Thrift Savings Plan is known as the “super safe” selection of the TSP funds because it never loses money. But how does it perform over the course of an entire career?
The latest retirement status report from the Office of Personnel Management shows that the backlog of outstanding claims now sits at just over 18,000.
Re-deposit service refers to service where you withdrew your contributions when you left federal service and did not re-deposit them when you later returned. The author describes how this works and provides examples to help you decide whether or not to re-deposit money.
The author says that it is imperative that federal employees be fully aware of and ready to access the multitude of available compensation options at their disposal when the need arises (such as a medical disability) so they can secure their financial futures. He provides an overview of some of these important available options.