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Retirement & Financial Planning Report

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Importance of Health Insurance Stressed

A report from the Kaiser Family Foundation stresses the importance of having health insurance for both health and financial reasons, underscoring the value of the benefit to federal employees of having employer-sponsored health insurance and remaining eligible to continue it in retirement.
The report noted that of the roughly 50 million Americans without health insurance, about three-fifths have at least one full-time worker in the family and about a seventh have a part-time worker. Continue ›

Concern About Finances Called Justified

Relatives of persons age 65 and older commonly are worried about the finances of those persons and there is good reason for such concerns, according to a study done on behalf of the Investor Protection Trust that underscores the importance of a family approach to finances.

It found that four out of 10 children of parents 65 or older are very or somewhat worried that their parents "have already become or will become less able to handle their personal finances over time" and that among the older group, more than a third are very or somewhat worried about being less able to handle money issues over time. Continue ›

Small Wonders

Mutual funds focusing on small companies have lost money over the past 12 months, while funds holding large-company stocks made money. Continue ›

Online Opportunity

Social Security Statements are now available at www.socialsecurity.gov. Continue ›

Make Summer Jobs Less Taxing

If you have a youngster who'll have a job this summer, make sure he or she is familiar with the relevant tax issues. Continue ›

Frugal Funds

Among stock funds, the average expense ratio is 0.79%, according to the Investment Company Institute. Continue ›

Early Birds

Parents of young children may fear that saving for college will reduce the financial aid their children can receive. Continue ›

Staying On Course

Since 2000, by the Consumer Price Index has risen a total of 34%, reflecting the overall level of inflation in the broad economy. Continue ›

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TSP Fund Performance

TSP FundL IncomeL 2020L 2030L 2040L 2050G FundF FundC FundS FundI Fund
May 16 close$15.2422 $17.5275 $17.9637 $18.3524 $10.0389 $13.9038 $15.6425 $16.5057 $22.0801 $17.6386
Last 12 months2.22%0.95%0.54%0.09%-0.73%2.02%7.58%4.83%-1.24%-12.49%