Using a Trust to Incentivize Your Heirs
So-called “incentive trusts” offer rewards to trust beneficiaries who accomplish certain goals. With such a trust, beneficiaries might receive particular …More
Retirement & Financial Planning Report
Sign up Now! Free eNewslettersSatisfaction with Health Plan Tends to Remain Stable
People who stay with one health insurance plan for many years tend to get no more satisfied with it over …More
Leaving Now, Getting Retirement Benefits Later
If you have five or more years of creditable civilian service but don’t meet any of the combinations for immediate …More
If Marrying at Older Age, Consider a Prenup
Those marrying at older ages should at least consider a prenuptial agreement, since both spouses may come into a marriage …More
Having Mortgage at Older Age Not Necessarily a Bad Sign, Report Says
An increasing share of households with persons age 60 and older have mortgage debt than in the past but that …More
Special Considerations for Retirees in Living Benefits Policy
If you are in the unfortunate situation of qualifying for a “living benefit” under the Federal Employees Group Life Insurance …More
The Key Roles in a Trust Arrangement
When you create a trust as part of your estate plan, there are three roles to fill: * The grantor. …More
Education Leads to Longer Career but Health Biggest Factor
Having a higher level of education is helpful in achieving a goal of extending a working career but is no …More
Getting Federal Retirement Credit for Military Service
Generally, a federal employee must waive military retired pay in order to receive credit for military service in the computation …More
Getting Tax Benefits from Variable Annuities
If you invest in a variable annuity, you can enjoy several tax benefits: * Tax-free buildup. Any investment earnings won’t …More
Retirees at All Wealth Levels Are Protective of Assets
Retirees in each of three levels of assets show the same type of reluctance to draw down those assets and …More
FLTCIP Coverage Can Be Decreased or Upgraded
Any employee or retiree who is eligible for coverage under the Federal Long Term Care Insurance Program–and that includes the …More
Moving in Retirement Changes More than Your Location
Moving to a new home in retirement? Along with the lifestyle changes, remember to pay attention to: * Estate planning. …More
IRS, Lottery Scams Target Older Persons, Committee Finds
A caller pretending to be from the IRS and falsely accusing people of owing back taxes and penalties is the …More
What Counts Toward Your High-3
Your “high-3” is central to calculating your annuity. Therefore, it’s essential that you know what’s included and excluded. Included in …More
‘Joint Tenant’ Property Ownership Has Plusses, Minuses
Many people, especially married couples, hold real estate, securities, and other assets as “joint tenants with right of survivorship” (JTWROS). …More
Report Underscores Importance of Health Benefits
Health insurance benefits are such a high priority to workers that nearly half of them say they are very or …More
The Fine Points of Crediting Unused Sick Leave toward Retirement
There are several fine points of crediting unused sick leave, including one that proves to be a disappointment to many …More
Word Choices Count in Insurance Matters
Whenever you’re dealing with an insurance company, or if you’re in a situation that probably will lead to an insurance …More
Focus on Fixed Expenses in Retirement, Says Report
Retirement planning often is based on an assumption that certain expenses will decrease and the household will be able to …More