Retirement & Financial Planning Report

The federal estate tax exemption has undergone dramatic changes over the past two decades. In 2001, estates exceeding $675,000 faced …More

A report for Congress has highlighted the impact of continued inaction to address Social Security financing needs, citing the increase …More

While it’s clearly not a pleasant topic, both you and your spouse should have a solid understanding—for financial planning and …More

Incompetency protection—guarding against the chance that you might lose the ability to manage your own affairs—can be valuable to both …More

A pair of reports has cautioned about widespread lack of knowledge and preparedness for long-term care, with the result of …More

While very few employees waive their FEGLI Basic coverage, a lot more don’t sign up for one or more of …More

Just before or after retirement, many people are faced with the prospect of changed finances that may cause them to …More

A measure of retirement confidence shows an increase from 74 to 78 percent over 2024 in an overall measure, although …More

Before you retire, you need to anticipate how much of your portfolio you’ll withdraw. If you expect to take out …More

Federal employees have great retirement benefits but most are only eligible for these benefits after decades of working. But is …More

The inspector general’s office at OPM has said that access it gained last year to data in the Treasury Department’s …More

In a perfect world, you would decide to retire and exactly when, long in advance of actually doing it, giving …More

How can you prepare your children to handle the investment assets they’ll eventually inherit? One strategy is to have them …More

The SSA has said it has finished making back payments and increasing ongoing benefits under the law repealing the former …More

Most federal retirements are voluntary, with employees retiring on an immediate, unreduced annuity after they meet one of the required …More

Deciding how to title your assets can be complicated. Nevertheless, you should take the time and effort to make the …More

The trend toward claiming Social Security benefits at ever-later ages has been even steeper than has been commonly reported, a …More

Life insurance may play a vital role in an estate plan because insurance proceeds can be counted on to provide …More

Many estate plans include trusts that take effect after death. With any type of trust, it’s up to the trustee …More

In 1985, I started my career with the federal government. At that time, there was no Thrift Savings Plan (TSP). …More

Many federal employees have learned recently, or might be yet to learn, that the federal government is not necessarily the …More

If you’re planning to retire, however near or far ahead that day may be, you’ll need to understand your “high-3,” …More

The SSA says it has processed benefits increases to 94 percent of the 3.2 million people affected by the law …More

Mid-year is a critical checkpoint for federal employees considering retirement, especially with the traditional end-of-year retirement surge just six months …More

Creating a will is one of the most important steps you can take to protect your family, clarify your wishes, …More

For federal employees planning retirement under the Federal Employees Retirement System (FERS), one of the most discussed—and misunderstood—topics is the …More

The GAO has said that the employment picture for older workers—as well as their financial stability—are now about the same …More

If you have a spouse and/or dependent children, understanding what happens in the event of your death is critical. Survivor …More

When you draft your will, you should name an executor. It will be up to your executor to handle all …More

Let’s look at how to pick a retirement date that increases the dollar value of your annuity. Your annuity computation …More