Legislation Introduced to Prevent Medicare Premium Increase
Legislation has been introduced in both the House and the Senate to prevent a potential 52% in Medicare Part B premiums.
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.
Does Dave Ramsey Recommend Rolling Over Your TSP to an IRA?
What is Dave Ramsey’s advice about doing a TSP rollover to an IRA after retirement?
NARFE Sets Up Web Page and Letters to Protest Medicare Part B Premium Increase
The National Active and Retired Federal Employee Association (NARFE) has started a web page devoted to opposing the projected 52% increase in Medicare Part B premiums.
Despite 10% Reduction, Retirement Claims Backlog Still at Almost 15k
The number of new claims received by the Office of Personnel Management in September was the lowest number in months which allowed the outstanding backlog to be reduced by 10%, however, OPM still missed its own estimate for the month.
Is There Critical Info My Financial Advisor Might be Missing?
I work with an advisor with whom I feel pretty comfortable but wonder if there is any critical info he might be missing because he rarely deals with federal employees. Is there something in particular I can ask him to check into, to make sure?
Rough Month (and Year) for TSP Stock Funds
Stocks have just experienced their worst quarterly returns since 2011. TSP funds reflect this market action, and all of the TSP stock funds are down for September and for the year to date.
Managing Income and Investments After Retirement
You might think that retirement planning is what you do while you are working, and it stops once you retire. The author says that nothing could be further from the truth and that managing your investments is even more important once you are no longer actively contributing. He outlines some of the key points you need to know for managing assets after you leave your federal career.
Feds Ask, ‘Where Can We Find Retirement Income Facts?’
In his second article in the series, FedSmith.com author Randy Silvey addresses some of the questions he received from readers on retirement topics such as investing in the TSP and learning how to know if you are on the right path towards a successful retirement.
Deposits and Re-Deposits Under FERS
OPM calls temporary time and other time for which retirement deductions were not taken “deposit service”. Under FERS, deposit service will not count for either your eligibility to retire or in the computation of your annuity unless you make a deposit. The author provides examples of both deposit and re-deposit service to illustrate the impact they have on your pension.
Carly Fiorina on Retiring Feds: ‘As President, I Would Not Replace a Single One’
Republican presidential candidate Carly Fiorina said in a recent interview that she would dramatically cut the size of the federal workforce through attrition as president.
