What Can Federal Employees Do to Prevent Proposed Cuts to Their Retirement Benefits?
I’m worried about recent proposed cuts to federal retirement benefits. Is there anything federal employees can do to prevent this from happening?
Author: Randy Silvey
From COLA to Diet COLA: What the Budget Proposal Means for Your Retirement
The author says that the proposed COLA cuts in the White House budget proposal are neither fair nor warranted. He offers a better solution.
Nervous Feds Nearing Retirement Continue to Ask, ‘Am I Invested Correctly?’
I am under FERS and plan to remain in federal service until I get an additional 10% annuity, but am wondering if my TSP funds are invested correctly.
Can Feds Overcome the Political ‘Butterfly Effect’ Impacting Their TSP Savings?
A political event can cause a temporary shake up in the stock market. What does this mean for your TSP account, and how do you know if you are taking the right amount of risk for your personal situation?
Is the TSP TOO Cheap?
The author says that one of the TSP’s greatest strengths (its low costs) can also be one of its greatest weaknesses.
Will I Be Forced to Spend My TSP When I Get Older?
I am 61 and getting ready to retire soon when I turn 62 and can draw my Social Security. It doesn’t appear I will ever need to touch my TSP or IRA, however, I was told I have to spend my TSP when I get older – is this true?
Can I ‘Double Up’ My TSP Contributions If I Retire During the Year I Turn 70 and a Half?
I will turn 70 at the end of 2017 and was contemplating retiring at the end of that year. If I delay retirement until June 30, 2018 (the year I will turn 70 and ½), can I “double up” my TSP contributions and catch-up contributions as if I worked the full year?
Who Wants to be a Millionaire?
Want to be a millionaire someday? These are five habits that people who become millionaires practice that helped them get there.
Federal Retirement Lone Rangers: Do They Need a Fiduciary Tonto?
The author notes that despite his handle, the original Lone Ranger didn’t actually ride alone. He had the assistance of Tonto, his trusted companion. Federal employees considering planning their retirements alone can learn from this analogy: they can often fare better with the assistance of a trusted guide to help them. The author provides suggestions on what to look for in a federally focused financial planner.
Can Career Complacency Cause Retirement Regret?
I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?
