Tag: Retirement

Recent Budget Proposal Omitted Cut to Federal Workers’ Compensation Benefits

Filed in News by on March 10, 2016 Comments

The big news for federal employees in the President’s recently released budget proposal was that it called for a 1.6% pay raise for the federal workforce, however, the author notes that there is a lesser known albeit important part of the budget that also affects federal workers.

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The True Cost of the G Fund

Filed in News by on March 8, 2016 Comments

The G Fund is one of the most popular funds among TSP participants, however, as the author notes, there is a lesser known risk associated with having too much of one’s retirement savings inside of the G Fund that many federal employees are likely to overlook.

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OPM Falling Further Behind on Retirement Applications Backlog

Filed in News by on March 5, 2016 Comments

The Office of Personnel Management saw yet another surge in the number of new retirement applications come in during February, pushing the outstanding backlog higher. OPM is aware of the problem and wants more funding to hire more people to fix it. Will this approach work?

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Financial ‘Red Flags’ Federal Employees Should Watch For with Their Financial Advisors

Filed in News by on March 1, 2016 Comments

The Certified Financial Planner Board of Standards has published the Consumer Guide to Financial Self Defense. It lists some “red flags” that investors should be aware of when working with a financial advisor. The author explains what this means for federal employees.

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Federal Disability Retirement Through OPM: A Life-Changing Event

Filed in News by on February 24, 2016 Comments

For Federal employees and U.S. Postal workers, filing for Federal Disability Retirement benefits through the U.S. Office of Personnel Management is a life-changing event and a leap into the unknown. The author outlines some important terms and steps to know to help federal employees with the filing process.

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How To Tell If You Are Getting Bad Advice About Your TSP

Filed in News by on February 23, 2016 Comments

Your savings inside of the Thrift Savings Plan that you worked so hard throughout your federal career to accumulate are a large component of providing income in retirement. It is important, therefore, to make sure you make the right choices with regards to preserving these funds. The author provides some advice for federal employees on different ways to determine what constitutes good and bad advice as it relates to their savings inside of the TSP.

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Is the Recent Stock Market Volatility Giving You ‘Analysis Paralysis’?

Filed in News by on February 21, 2016 Comments

The recent volatility in the stock market has many federal employees worried about their Thrift Savings Plan investments and future retirement. The author says that some federal employees may unintentionally be paralyzing their own retirement plans through “analysis paralysis.” He explains what this means and how to avoid it.

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What Happens to Your Benefits If You Die While Still Working? Response to Readers Questions

Filed in News by on February 11, 2016 Comments

Federal retirement expert John Grobe recently wrote an article describing what federal employees can expect to happen to their federal benefits should they pass away while still working. Many of our users had more questions on the subject, so he has written this follow up article providing answers to some of the questions he received.

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