The Four Motivations Behind Every Retirement Decision
The author says there are four motivations that drive our retirement decisions, and if too many of them go unaddressed, it can create a less secure financial future.
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.
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?
Deferred Retirement for a Departing Federal Employee
These are some facts about deferred retirement that could be critical for a federal employee.
Be Aware of TSP Spousal Beneficiary Rules
A TSP participant can designate anyone as a beneficiary to a TSP account, however, only a spousal beneficiary can choose to leave the funds in TSP. The author says it’s important to understand all implications of a spousal beneficiary deciding to keep funds inside of the TSP.
After Trump: A Surge of Federal Employees Leaving Government?
With a significant percentage of federal employees indicating they may quit if Donald Trump should be elected, the number of retirement claims should have surged more than usual in January. That did not happen.
OPM’s Retirement Backlog Surges 53% in January
The annual surge of retiring federal employees to kick off the new year has led to a sizable increase in OPM’s backlog of retirement applications.
How Some Federal Employees Can Avoid a 10% Penalty on TSP Withdrawals
Certain categories of federal annuitants can now make penalty free withdrawals from the Thrift Savings Plan. Here is how to avoid incurring this 10% penalty.
New Military Retirement System Has Big Changes
A new military retirement system is going into effect. Here is how it will work.
How Rising Interest Rates May Hurt the Performance of the F Fund
The author says that because the F Fund has benefited from a very long period of declining interest rates, it may shock investors to find out that the fund’s performance could be lower going forward as interest rates rise.
What Happens to Your Federal Benefits If You Leave Before You Are Eligible to Retire?
What happens to your benefits as a federal employee if you leave before you are eligible to retire from federal service?
