Bloomberg’s Plan for Social Security
The author analyzes details of Democratic presidential candidate Mike Bloomberg’s plan for Social Security.
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 analyzes details of Democratic presidential candidate Mike Bloomberg’s plan for Social Security.
TSP annuities will have a new formula used to calculate their cost of living adjustments starting this spring.
Shifting from work to retirement is a big change. These are some ideas to help make the transition.
A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.
According to OPM’s latest retirement data, the number of federal employees that retired at the end of 2019 was higher than in recent years.
As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.
CBO said in a recent report that it expects the Postal Service to continue to default on required payments to its retiree health benefits fund.
The author says taxes could rise in the future, making traditional tax planning strategies less effective.
The author says that playing politics with Social Security has led to serious consequences for the program.
When it comes to retirement, “going with the flow” can have serious negative consequences for your investments. The author highlights some common pitfalls.