Can You Trust Your Financial Planner?
The author lists some important questions you should ask a financial planner to know if he or she is right for helping you with your financial future.
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.
The author lists some important questions you should ask a financial planner to know if he or she is right for helping you with your financial future.
I have a friend who says it is best to retire on the last day of the month because you will get paid for the month worked plus you will get an annunity check for that same month. Is this true?
Lawmakers in both the House and the Senate have introduced legislation to end Social Security benefits for Nazi persecutors who receive them because of a loophole in current law.
There are potentially five different service computation dates that are used to determine your benefits as a federal employee with which you should be familiar. The author provides details about each one.
Now is the time to begin planning contributions into your retirement savings accounts next year. These are what the contribution limits in 2015 will be.
The rules governing retirement benefits for divorced federal employees and their former spouses are detailed and complex. The author provides some general advice for federal employees and their spouses in the event they are facing a divorce.
If I elect to take the TSP annuity after retirement and I die before using all of my contributions will it go to my adult daughter, my elected beneficiary?
As a result of the Republican wave of victories in the mid-term elections, Congress will now be under the control of Republicans. What subjects of interest to federal employees are likely to arise as a result? Here are a few that are likely to impact the federal workforce.
Forms to apply for the phased retirement program are now available from OPM. Here are the links to these forms.
In theory, federal employees who are eligible can start applying for phased retirement on November 6. Some federal agencies are not yet implementing the program and they also have discretion not to implement the program at all.