What is a VAT and how would it impact Americans? A VAT is a common tax in Europe and it would raise the price of just about everything we buy. The author explains how such a tax impacts everyday life in Europe after seeing how it works in practice.
The federal retirement Tsunami has been the source of speculation and articles but this Tsunami has not occurred. This cultural trend is not unique to the federal government. Here are some of the reasons.
TSP investors will pull money out of the safety of the G fund when they think they will make more money in stocks. Conversely, they will quickly move money into the G fund when they think there is more risk in the market.
Some federal employees are borrowing money from their Thrift Savings Plan. That provides a great interest rate but there are disadvantages that could impact your future retirement income. If you need a loan, or want to loan money as an investment, there may be another alternative as federal employees are often a good credit risk.
If you made a decision on FLTCIP based on recent info, you need to reconsider until you receive and evaluate the correct information.
2009 has seen a number of enhanced federal employee benefits. The year isn’t over yet. There is another possible benefit that may see the light of day and that could provide a significant financial gain for many readers.
When you look at your TSP returns for the past twelve months, it will make you feel good to see how much money you have made. But you need to be realistic. Your investment may still be down despite the rosy figures. Here’s why.
Since the enhancement of some benefits for federal employees earlier this week, a number of readers have been asking questions on the implementation of these new benefits. While many questions will not be answered for some time, here is information from the Office of Personnel Management on the new benefits that will be helpful to some of our readers.
The President has signed into law a bill that expands the human resources benefits for federal employees.
The Senate has approved a bill that will change a number of current human resources policies and includes changing the FERS retirement system to allow employees under this system to get credit for unused sick leave.
