Have You Taken Your Minimum Required Distribution?
If you have not already taken a minimum required distribution (MRD) from your Thrift Savings Plan (TSP) or your Individual Retirement Account (IRA) for 2008, you must take it by April 1, 2009.
Month: March 2009
Sharing The Wealth: Options for Reducing Government Expenses in Health Care and the Impact on Federal Employees
The Congressional Budget Office has several proposals to reduce the cost of government. None of these options will necessarily be passed into law but, with an eventual effort to reduce the federal debt, some of the options would save billions and may be tempting–to the disadvantage of federal employees and retirees.
Good Morning America Takes On Workplace Bullying
An estimated 54 million people say they have been bullied at work.
NLRB Guilty of an Unfair Labor Practice Says FLRA: Eating Crow Ain’t No Fun, So Will the Board Appeal?
In a possible historic clash of the Counsels General, the Authority finds NLRB guilty of an Unfair Labor Practice for, mostly, refusing to bargain with a union representing a unit the Board says violates its enabling legislation. The author asks whether this will develop into a major court case or go away in a union-friendly Obama Administration.
Politics, Stocks and Your Thrift Savings Plan
When it comes to investing our money, most people put short-term political views aside. When spending their money, they focus on the future of business and the prospects for future growth. If they are confident, stock prices go up. If they are pessimistic, stock prices go down. TSP stock funds dropped dramatically again in February with one fund, the G fund, the only TSP fund with a positive return for the month and for the year.
A Merit Badge for the MSPB
An MSPB report explains how the GS pay system was designed as a type of pay-for-performance system.
Retirement Planning and the Decline of Your TSP Investments
Has the decline in the value of stocks–especially the decline in the value of the Thrift Savings Plan portfolios of many readers–caused a change in retirement plans? How are federal employees reacting to the drop in the value of their retirement investments? Last week’s survey shows there is an optimistic streak–along with the dashed hopes of some who are delaying retirement and hoping for the best.
