Social Security is an important benefit in retirement. What many people do not know, though, is the sheer number of options you have when considering how to file for your benefits. Those options will depend on your age, marital status, and other factors, but should all be considered before deciding on a filing strategy.
As you get closer to the time when federal employees start thinking about retirement, there can often be apprehension about whether or not you are ready. This article will attempt to give you a clear understanding of the financial impacts of your decisions, so you can be informed and comfortable with what you decide.
The author examines a couple of different investment strategies for the TSP and some of the pros and cons of each approach.
Your TSP can be affected by the investment allocation decisions you make. Here are several things to consider before setting an allocation strategy.
The author says that utilizing the TSP effectively is key to a comfortable retirement and outlines some important contribution strategies to consider in your retirement planning.
For those federal employees who may be considering retiring at the end of the year, the author offers some pros and cons to consider.
The Thrift Savings Program (TSP) is the primary retirement savings method for federal employees, and the benefits are well known. The author says that making withdrawals from your TSP account can be complicated and offers some considerations when deciding to make withdrawals.
The author outlines ten things you can do now to make the most of your federal benefits.
There are many things to consider when determining an appropriate asset allocation for your TSP. The author discusses a 3-tier investment strategy that is designed to spread risk out over varying lengths of time.
The author outlines different kinds of life insurance available, considerations to make in deciding whether to purchase life insurance, and how the Federal Employee Group Life Insurance (FEGLI) option fits into the decision.