The Social Security Double Tax Bomb
As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.
Retirement
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
CBO Projects USPS Will Continue Defaulting on Retiree Health Fund Payments
CBO said in a recent report that it expects the Postal Service to continue to default on required payments to its retiree health benefits fund.
The Roth TSP and Other Forms of ‘Tax Insurance’
The author says taxes could rise in the future, making traditional tax planning strategies less effective.
Political Drama: From Protecting Social Security To Gutting It
The author says that playing politics with Social Security has led to serious consequences for the program.
Managing Your TSP: Your Retirement Investment Choices
When it comes to retirement, “going with the flow” can have serious negative consequences for your investments. The author highlights some common pitfalls.
Potential Drawbacks to the TSP
The TSP is a great benefit for federal employees, and recent changes offered improvements. However, the author cautions about some of the lesser known pitfalls.
Social Security Goes 0 for 7 in the Democratic Debates
The author says that Social Security’s current financial forecast has become so widely accepted that people no longer question it.
What Effect Does Automatic Enrollment Have on TSP Savings Habits?
A recent CBO report looks at the impact the government match and automatic enrollment have on federal employees’ savings habits in the TSP.
Federal Employees’ Favorite Topics in 2019
Which topics were of the most interest to federal employees in 2019? Here is the top 20 list of the most popular FedSmith articles last year.
Financial Tips for Federal Employees and Retirees: January 2020
These are some tips for federal employees and retirees regarding Medicare, the TSP and taxes.
