The ‘Debt Issuance Suspension Period’ and $186 Billion of Your Retirement and TSP Funds
How much money have federal retirement funds contributed to help the government continue to operate? About $186 billion.
Federal Employee Retirement
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.
Federal Pay, Federal Retirement and the Debt Ceiling
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?
Using the CSRS Voluntary Contribution Program to Max-Fund a Roth IRA
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.
GAO: Ensuring Income Throughout Retirement Requires Difficult Choices
GAO was asked to review strategies that experts recommend retirees employ to ensure income throughout retirement, choices retirees have made for managing their pension and financial assets for generating income, and policy options available to ensure income throughout retirement and their advantages and disadvantages.
When Small Savings Add Up to a Lot of Money
Sometimes a little adds up to a lot. I recently met a CSRS employee who did not to participate in the Thrift Savings Plan in 1987 when he was eligible to start. How much in potential savings did this employee pass up?
FERS, Pension Contributions and Returning to Federal Service
For most of the 25 years or so of the existence of the Federal Employees Retirement System (FERS), if a FERS employee resigned and accepted a refund of his pension contributions, it was final and absolute. That is, if the employee returned to Federal service, and wanted to repay the refund, the answer was “no.” The time was lost forever. About two years ago, this changed.
How Congressional Budget Cuts May Cut Into Your Retirement Income
Congress is looking at several proposals that would cut into federal employee benefits. The author focuses on some specific ones that would directly impact your financial security in retirement.
Financial Self-Defense: What to Know Before You Make a Decision Using a Financial Advisor
Using a financial advisor can be a good decision. But, before you select an advisor and in your dealings with the person you have selected, here are a few tips you should know before making a financial decision that could impact your retirement and your financial security.
The Earnings Test for Your FERS Annuity Supplement
The only thing 100% clear about the FERS annuity supplement is that it ends at age 62.
What’s Left of Your CSRS or FERS Pension?
If you’re close to retirement, you’ve probably calculated your FERS or CSRS Pension. But did you remember to consider these important reductions in your retirement planning?
