Retirement & Financial Planning Report

While most of the financial advice regarding the need for emergency savings focuses on those still employed, retirees experience financial …More

For federal employees planning retirement under FERS, one of the most discussed—and misunderstood—topics is the FERS Supplement. It’s often seen …More

A GAO report has said that “kinship families”—where someone other than parents, often grandparents, are primarily responsible for a child’s …More

Regardless of the retirement system you are in, the basic rules on leave accrual are the same for all full-time …More

If you retire under FERS before age 62 under certain conditions, you should know how the special retirement supplement may …More

Most Social Security claiming strategies are built on a framework often summarized as L.I.F.T.S. (Longevity, Income needs, Flexibility, Taxes, Survivor …More

Women and men overall share the same concerns about their retirement financial security but the level of concern is consistently …More

An annuity is just one of the available forms of Thrift Savings Plan withdrawal elections—payments also may be made as …More

While starting to draw Social Security benefits commonly is viewed as something done at the end of a working career, …More

Persons who borrow from their work-based retirement savings programs tend to put the money to use to address pressing needs …More

The “lump-sum option”—also called the “alternative form of annuity”—is one of the least used but most misunderstood aspects of federal …More

For most federal employees, the hardest part of retirement planning is not saving or investing during the working years. It …More

Just above half of retirees in a survey by the TransAmerica Center for Retirement Studies said they retired sooner than …More

Two of the best features of the FEHB program is that almost all employees can carry the coverage into retirement …More

Many types of assets ask you to name a beneficiary. They include IRAs, life insurance policies, annuities, payable on death …More

The pursuit of “more” is a powerful psychological driver. From the moment we enter the workforce, we are conditioned to …More

Those the run-up to retirement and in their early retirement years tend to under-estimate their life expectancy, with an impact …More

Perhaps the least-understood form of federal retirement eligibility is discontinued service retirement, or DSR. As the name implies, it applies …More

Updated: The deferred annuity option can be attractive for federal employees who 1) aren’t currently eligible to retire under an …More

While much attention has been paid to the retirement financial security of the Baby Boom generation as it retires, the …More

So-called “incentive trusts” offer rewards to trust beneficiaries who accomplish certain goals. With such a trust, beneficiaries might receive particular …More

As 2022 was coming to a close, US President Joe Biden signed into law the SECURE 2.0 Act, which significantly …More

It’s more important now than ever for federal employees and retirees to know the rules on who qualifies as an …More

A “financial wellness survey” conducted by the TSP of account holders this year found that federal retirees are more confident …More

If you’re at the age where you have elderly parents or other elderly relatives, you may have opportunities to help …More

This year there will be well over 100,000 Federal Employees taking retirement through deferred resignation buyouts, and roughly 50,000 others …More

Because the government-controlled monetary system continually devalues the currency, traditional savings and bonds no longer protect long-term wealth. In an …More

A new “longevity preparedness index” produced by the John Hancock insurance company shows room for improvement in eight areas it …More

As the year draws to a close, it’s the perfect time for federal employees to think about tax planning. Yes, …More

If you have a physical or mental condition that causes you to be unable to perform your job for any …More