As Americans we often take our personal freedom for granted. A relatively small country of 5 million people that is now enjoying freedom gave the author a different perspective on what it means to live in a free country.
Your Thrift Savings Plan retirement fund investments are recovering. The C fund is still on a tear with a return of 6% in November and a return of 24.26% so far in 2009.
Wednesday, November 24th isn’t really a federal holiday. But, says OPM, agencies can dismiss employees early while “renewing our commitment on Thanksgiving.”
What is a VAT and how would it impact Americans? A VAT is a common tax in Europe and it would raise the price of just about everything we buy. The author explains how such a tax impacts everyday life in Europe after seeing how it works in practice.
The federal retirement Tsunami has been the source of speculation and articles but this Tsunami has not occurred. This cultural trend is not unique to the federal government. Here are some of the reasons.
TSP investors will pull money out of the safety of the G fund when they think they will make more money in stocks. Conversely, they will quickly move money into the G fund when they think there is more risk in the market.
Some federal employees are borrowing money from their Thrift Savings Plan. That provides a great interest rate but there are disadvantages that could impact your future retirement income. If you need a loan, or want to loan money as an investment, there may be another alternative as federal employees are often a good credit risk.
If you made a decision on FLTCIP based on recent info, you need to reconsider until you receive and evaluate the correct information.
2009 has seen a number of enhanced federal employee benefits. The year isn’t over yet. There is another possible benefit that may see the light of day and that could provide a significant financial gain for many readers.
When you look at your TSP returns for the past twelve months, it will make you feel good to see how much money you have made. But you need to be realistic. Your investment may still be down despite the rosy figures. Here’s why.
