Pros and Cons of the (Antiquated) TSP Annuity
The TSP offers an annuity to guarantee income for life, but the author says it is an antiquated when compared with more flexible ones available elsewhere.
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.
The TSP offers an annuity to guarantee income for life, but the author says it is an antiquated when compared with more flexible ones available elsewhere.
These are several common myths that keep people from considering long term care insurance in their retirement planning.
Most military retirees will see a pay increase next year thanks to a cost of living adjustment.
Thanks to receiving over 9,000 new applications, OPM’s retirement backlog grew considerably in October.
Changes are coming to the TSP rules next year that have important implications for federal employees saving for retirement.
Applying for FERS Disability Retirement is a complex task. The author lists three beginning steps to take before embarking on the application process.
TSP investors transferred millions from the G fund into stock funds in September, just in time to lose money in October as the market went down.
Without smart planning, distributions from other sources of retirement income can drive up your Medicare costs. The author provides an explanation.
The Centers for Medicare & Medicaid Services (CMS) have announced the Medicare Part B premiums for 2019.
The IRS has announced the 2019 contribution limits for the TSP and IRAs. How much extra will you be able to save?