Federal employees receive a retirement benefit package that includes a pension, a tax-advantaged savings plan and Social Security. But many do not fully understand how these benefits work, and that ...
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What federal employees with a FERS pension are getting wrong about their TSP
Quick Read TSP is the critical third leg for federal employees after FERS pensions (averaging 30% of pre-retirement income) ...
Before you rush out the door, consider how a few more years of service can permanently boost your FERS annuity and Social ...
Throughout this year of VERA, VSIP, RIF, DSR, and the new one, DRP 1.0 and DRP 2.0, many employees are trying to hurry up and learn what it takes to retire. This is an update to an article I wrote ...
With additional education, broader allocation strategies may enter the conversation, allowing individuals to evaluate how ...
Civilian federal employees and uniformed service members will soon be able to convert their pre-tax Thrift Savings Plan balances to Roth accounts without leaving the plan. The Federal Retirement ...
After years of serving the federal government, it’s time for federal employees to reap the many unique rewards a federal retirement plan offers. Retirement preparation is hard for everyone, but ...
The legislation would establish an independent inspector general for the agency that administers the retirement plan for more than 7 million federal employees. A bill introduced in the House of ...
A federal employee with 28 years of service and a $92,000 salary will receive a pension closer to $28,000 a year under the FERS formula, well below the 60% to 70% of pre-retirement income many workers ...
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