What is a Backdoor Roth IRA?
What is a backdoor Roth IRA, and is it right for you?
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.
How Much Do I Need In Savings If I Want $X Per Year In Retirement and Not Run Out of Money?
Federal employees have several retirement savings benefits at their disposal. The author explains how these can work together to create a full retirement income.
OPM’s Retirement Backlog Edges Slightly Higher in August
OPM’s retirement backlog crept slightly higher in August and is higher than it was a year ago.
Update on Harvey’s Impact on Gas Prices and COLA
Hurricane Harvey has created a disruption in oil production and gas prices which could impact next year’s COLA. The author provides an update.
Options for Changing Federal Employee Retirement
Congress is looking for ways to reduce expenses. The $93 billion spent on federal retirement is a big target.
Can I Roll My Spouse’s 401(k) Over to the TSP?
My spouse is retiring and has over $300,000 in his 401(k) plan. How would he go about rolling this over to the TSP?
SSA Warns Americans to Be Wary of Scams
The Social Security Administration is warning Americans to remain vigilant about ongoing scams targeting Social Security benefits.
Hurricane Harvey, Gas Prices, and COLA
Hurricane Harvey may cause gasoline prices to jump which could ultimately be a boon to federal retirees.
Investment Fraud Warning for Federal Employees!
Recent SEC warnings about fraudsters targeting federal employees may leave you feeling apprehensive about working with financial advisors. These are some tips on how to spot scam artists.
Does the TSP’s Annual Contribution Limit Include the Agency Match?
One of my co-workers said the $18,000 annual contribution limit to the TSP includes both his portion and the agency match. Is this a lost savings opportunity?
