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.
In part two of Carol Schmidlin’s interview with Rodney Johnson, President of HS Dent Publishing, she asks him about the prospects of investing in gold, the devaluation of the U.S. dollar, and the growing federal debt. She also asks Johnson for his advice for federal employees and actions they should take in light of some of the proposed cuts on their salaries and benefits.
FERS is now the retirement plan for most federal employees. It is now 25 years old and the plan significantly changed the federal retirement system. Here are the changes it wrought and how the plan looks after having been in operation since 1987.
The stock market is in the midst of its biggest retreat since the financial crisis. Where is it likely to go next? Three financial experts weigh in.
Winning the lottery just may be the key to a successful retirement, depending on how you define “lottery.”
Carol Schmidlin recently interviewed Rodney Johnson, President of HS Dent Publishing, an independent economic research company, about the spending cuts in the new debt agreement and who can be affected.
There is a great deal of interest in the high-5 calculation for federal retirement. Is it really going to happen? When will it take effect? How will it work? Is there some way I can estimate “right now” how much difference it will make?
It’s up to federal employees to take full advantage of the retirement benefits offered to them. The best way to ensure your golden years are indeed golden is to plan right now.
How much money have federal retirement funds contributed to help the government continue to operate? About $186 billion.
The federal government will receive about $172 billion in August. That is not enough to pay expenses. Who will get paid and who won’t get paid if the debt ceiling is not raised?
Do you make “too much money” to qualify for a Roth IRA? CSRS and CSRS Offset federal employees have a unique benefit that can be used max-fund a Roth IRA.
