Essential Things to Know Before You Take the TSP Annuity Option
The TSP offers an annuity you can use in retirement, but the author cautions there are some downsides to this option.
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.
Are Your Long-Term Care Plans Putting You in Danger?
The coronavirus has disproportionately targeted individuals in long-term care facilities. The author says this is an important reminder for LTC planning.
Your Complete Financial Checklist for When a Parent Passes Away
Losing a parent is difficult, but knowing how to deal with the paperwork process can help ease the burden.
Is the Annual COLA Calculation Accurate? GAO Weighs In.
GAO recommends the BLS evaluate the data sources used to calculate the annual COLA as they may not be accurate.
The Only Way That Social Security Pays Retirees Nothing
Pretending that Social Security will pay everyone if people want to opt-out will insure that it eventually pays no one.
C Fund Turns Positive in 2020
In what has been a volatile year, the TSP’s C Fund has turned positive in 2020 despite a dramatic downturn in March.
Will the Pandemic Trigger the Long-Predicted Retirement Wave?
How likely is the COVID-19 coronavirus pandemic to trigger a wave of new retirements from the federal workforce?
The Six Figure Retirement Mistake
If you try to time the stock market with your TSP investments, will you come out ahead? The answer may surprise you.
OPM’s Retirement Backlog Hits New Low for the Year
Despite a slower average processing time, OPM was able to bring the retirement backlog down to its lowest level of the year at the end of May.
Uncharted Waters Ahead! Could Previous Retirement ‘Plans’ Become a Fed’s Financial Moby Dick?
Not properly crafting your retirement plan can leave you stranded if a storm hits the financial markets.
