How to Invest in 2012
Are you surviving in the economic turmoil of recent years? What is our economic future and should you invest your money in 2012?
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.
Are you surviving in the economic turmoil of recent years? What is our economic future and should you invest your money in 2012?
OPM could alleviate a great deal of the suffering and complaints by paying a higher proportion of the agency estimate when a federal employee retires. The agency chooses not to do this, thus ensuring the complaints continue.
How are your TSP investments progressing? One TSP investor now has over $4 million in an account. 207 others don’t have that much but still have over $1 million accrued.
South Carolina is a state that often attracts newcomers, but look closely at the state’s income tax structure before relocating.
Exactly how is your retirement income taxed for federal income tax purposes? The author breaks it down piece by piece.
The author illustrates a hypothetical scenario of two FERS employees with identical salary histories to show the dramatic impact the recently proposed pension reduction bill, as currently written, would have on future federal retirees.
In a “back to the future” moment, OPM has announced a new effort to get rid of its retirement backlog. How? By hiring more people and creating higher production standards.
Congressman Dennis Ross (R-FL) recently announced that he will hold a hearing to explore options for reforming the entire federal pension system to bring it more in line with the private sector.
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
What can federal employees expect in 2012? While no one can know for sure, the author offers some considerations you can take into account to help you be prepared for whatever the future brings.