Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
The author says that while he is the only candidate running for president who has put forth any visible plan on Social Security, Bernie Sanders’ proposal for reforming the program will ultimately not work. He explains the shortcomings he sees with what Sanders suggests doing to Social Security.
The recent volatility in the stock market has many federal employees worried about their Thrift Savings Plan investments and future retirement. The author says that some federal employees may unintentionally be paralyzing their own retirement plans through “analysis paralysis.” He explains what this means and how to avoid it.
The Federal Reserve has floated the idea of lowering interest rates below zero. What impact would this have on federal employees invested in the Thrift Savings Plan funds?
Acting Office of Personnel Management director Beth Cobert recently addressed the agency’s seemingly endless backlog of retirement applications and discussed the steps being taken to improve it.
What can federal employees expect to happen to their benefits if they pass away while still employed?
The Obama administration has recommended a 1.6% pay raise for federal workers in 2017. Does that mean this is a done deal and federal employees now know what their pay raise will be next year? Hardly. Here is a detailed look at how the political process surrounding how the federal workforce is paid is likely to play out in the coming months.
Two Congressmen have introduced legislation to make the myRA a permanent retirement savings option.
There are now thousands of millionaires in the Thrift Savings Plan (TSP). The number of these successful investors has dropped in the past year though as the boom in stocks has dissipated and stock market volatility has increased.
I am 61 and have heard that I can take my money out of the TSP and place it into an IRA. I have been trying to manage my TSP the best that I can, but, my TSP has lost 20% this past year. Should I place my TSP into an IRA so I can still retire when I want?
The OPM retirement backlog jumped 73% to start 2016 thanks to an influx of new retirement claims.
