Rolling Over Your TSP
Can one leave the TSP as it is for now and take monthly payments for now and roll over into an IRA after 2 years?
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.
Can one leave the TSP as it is for now and take monthly payments for now and roll over into an IRA after 2 years?
Is it better to start saving early for retirement? Absolutely! However, not everybody is willing or able to start at a young age. Are you ever really “too old” to invest and save for your future?
The money in the Social Security trust fund is gone. The author offers some details about why this is the case and says that Social Security can still be a good program if the money were to be replaced.
There is a lot of uncertainty facing federal employees these days, and one idea that has been floated is reducing the size of the federal workforce. One way to do this is by offering buy outs. The author offers some details you need to know if you are considering a buy out.
The procedure for calculating the supplement is clearly spelled out in Chapter 51 of the CSRS & FERS Handbook, but it is a difficult process. The author offers a more concise explanation.
The stock market has been on a tear since its drop in 2008. Are you worried about losing money in your TSP due to a pullback? Before you make any emotional investment decisions, you may want to read one financial expert’s advice to a federal employee who was recently facing this dilemma.
The alphabet soup of government acronyms got a couple new ingredients over the past year and a half: the FERS (Federal Employees Retirement System) was joined by FERS-RAE in January 2013 and by FERS-FRAE in January 2014. What are these new acronyms and what changes do they indicate?
The Office of Personnel Management was able to make a sizable reduction in the number of backlogged retirement claims last month, the first reduction seen in the backlog so far in 2014.
The author says that the House budget proposal released recently isn’t about the math of Social Security, but rather just about the politics of the debate over what to do with the program.
House Budget Committee Chairman Paul Ryan (R-WI) released the 2015 House Republican budget today which contains some proposals that would directly impact the federal workforce.