Are the funds inside of your TSP account being put in jeopardy by financial advisors who aren’t looking out for your best interests? This matter was discussed at a Department of Labor hearing last week on a proposed rule change governing the conduct of financial advisors.
A growing percentage of federal employees are either eagerly preparing for or nervously holding off retirement. The author says that you do not want to retire too soon and risk financial ruin in your Golden Years, but you also do not want to wait until too late to retire. He explains some ways to determine the best time to retire that works for you.
If you are a federal employee planning to retire soon and were hoping for a quick turn around on your retirement application, you may be in for some bad news: the outstanding backlog of retirement applications at the Office of Personnel Management grew by just over 13% in July.
Many federal employees consider leaving their positions for various reasons. The author provides a summary of what you can expect to happen to your benefits should you leave your job before retiring.