Retirement & Financial Planning Report

Raising the age at which Social Security pays its standard benefit is again being mentioned as a way to address …More

Many federal employees who retire from the government continue to work, at least on a part-time basis, and need to …More

Caregiving responsibilities can have an impact on retirement readiness, a report has said, adding that among the various types of …More

A home changes over time and so should how you insure it. Here are some considerations for keeping your policy …More

Retirees who have debt—especially at the level they consider unmanageable—are the least satisfied with their retirement although financial concerns are …More

While “gig” type jobs do not provide the level of benefits offered in traditional jobs, they do “give workers a …More

A power of attorney can be invaluable. For example, you might suffer a stroke with no prior warning signals and …More

Improper payments under the CSRS and FERS retirement systems remain a problem, the inspector general of OPM has said in …More

While employers in general view the retirement benefits as important to their workers, those workers in general are less optimistic …More

There are still a lot of employees covered by CSRS, many of them determined to keep on working until they …More

A study breaking personal spending patterns into categories has found that those patterns do not change in retirement for most, …More

Under the Federal Employees Health Benefits program, the following qualify as a child: “children under age 26, including adopted children, …More

If you think, or know, that your reduced income during retirement will not go far enough to cover your expenses, …More

While only small percentages of individual retirement account holders take early withdrawals from those savings annually, such withdrawals can have …More

An audit has criticized the Social Security Administration for failing to fully explain how the government pension offset will reduce …More

An inspector general audit at the Social Security Administration found errors in more than half of a sampling of beneficiaries …More

Federal Employees Health Benefits program carriers are obligated to follow standard coordination of benefit rules established by the National Association …More

Homeowners insurance cab be expensive but you can trim those costs if you qualify for certain discounts. Possibly you already …More

Severe health shocks can cut short working careers with long-term consequences on financial security, according to a study by the …More

Defined contribution retirement programs such as the FERS and CSRS civil service benefits contribute greatly to wealth not just of …More

If you are a FERS employee, you can retire on an immediate unreduced annuity with the following minimum combinations of …More

Revocable trusts, also known as living trusts, are increasingly popular. They can serve two main purposes: * Probate avoidance. Assets …More

A study tracking account balances of savers in 401(k) type programs comparable to the federal Thrift Savings Plan underscores the …More

When you create a will, you’ll name an executor or personal representative. That person will be the “quarterback” of your …More

An inspector general audit has found weaknesses in the FEHB health insurance and FEDVIP dental-vision insurance programs, including repeating a …More

Over a career many workers accumulate numerous and scattered retirement savings accounts, making it hard for them to get a …More

In order to carry Federal Employees Health Benefits program coverage into retirement, you need to have been covered by the …More

Health insurance coverage is “the benefit employees say contributes most to their feelings of financial security,” even more than retirement …More

With the January 2021 COLA payout for retirees now set, at 1.3 percent, some employees eligible for retirement apparently are …More

The TSP has issued guidance on the “spillover” policy effective in 2021 affecting investors—those age 50 and older in a …More