Backup Plan for Retirement Savings Needed, Says Report
A retirement savings strategy should include a Plan B in case of inability to continue saving at a projected rate …More
Retirement & Financial Planning Report
Sign up Now! Free eNewslettersDon’t Get Caught by Catch-62
CSRS employees need to understand that their annuities may be reduced–by the decades-old “Catch-62” provision–if they haven’t made a deposit …More
Investigate the Costs when Setting Up a Trust
Trust fees vary widely so it pays to shop around and get quotes before making any commitments. Be sure you …More
Views of Retirement Differ by Generation
Views of retirement and preparations for it vary by generations, according to the TransAmerica Center for Retirement Studies, but one …More
Benefits Decisions to Make Upon Marriage
A federal employee who marries has a number of decisions to make regarding benefits. Survivor annuity ADVERTISEMENT When you get …More
Time to Review Beneficiary Designations
The start of a new year is a good time to review your designations of beneficiaries on accounts such as …More
What Makes a Community Good for Aging
Health care and supportive services for aging people are important in whether a community is an attractive place for them …More
Exceptions to the ‘Five-Year Rule’
By law (5 U.S. Code 8905), you can continue your coverage under the Federal Employees Health Benefits program in retirement …More
Fitting Life Insurance into an Estate Plan
Life insurance may play a vital role in an estate plan because insurance proceeds can be counted on to provide …More
Barriers to Working Longer Remain, Study Says
While more workers are hoping to continue working longer, older workers still face barriers, a study has concluded. The trend …More
Considerations for Survivor Benefit Elections
At retirement, you’ll have a big decision to make: Should you elect a survivor benefit for your spouse? The downside …More
Qualities to Seek When Naming an Executor
When you create a will, you’ll name an executor or personal representative. That person will be the “quarterback” of your …More
Social Security Reflects Trend toward Delayed Retirement
More workers are putting off claiming Social Security benefits but the reason has little to do with the increase in …More
Don’t Count on FEHB to Cover Long-Term Care Costs
There is a common misconception that the Federal Employees Health Benefits program covers long-term care needs. In fact, long-term care …More
Finding the Right Place for Your IRA
An IRA that’s relatively modest, when you retire, still can generate a substantial amount for your beneficiaries, if you pass …More
Lower-Income Workers Fare Better as Feds
One way the federal government’s retirement program is superior is that it provides more financial security to lower-income workers – …More
Time to Check Beneficiary Designations
The turn of the year is a natural time to do a reassessment of finances. One subject to make sure …More
Preparing Your Money for Your Retirement
After you retire, the paychecks will stop coming and while the annuity will start, it won’t be as large as …More
Providing Care for Family Comes at a Cost, Report Says
Providing caregiving help for an elderly relative–common among workers later in their careers–carries personal and financial risks, says a report …More
Annuity Eligibility Rules for Survivors of Current Employees
If you die while employed by the federal government and are married, your spouse will be entitled to a survivor …More
