Retirement & Financial Planning Report

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

In the annual Federal Employees Health Benefits program open season—this year from November 9 to December 14—enrollees may change plans, …More

With all types of life insurance policies, the payout at death usually can be received by the beneficiary, free of …More

There is still time to avoid insolvency of the Social Security trust fund but doing it sooner is better than …More

Under both CSRS and FERS, disability benefits are payable if you have become so disabled that you are prevented from …More

If you include a trust in your estate plan, typically done on behalf of children who would be the beneficiaries, …More

The Coronavirus pandemic spurred many retirees to shore up their finances by focusing on eliminating debt and/or building up funds …More

If you’re thinking of applying to enroll in the Federal Long Term Care Insurance Program—which many employees not currently enrolled …More

While retirees may no longer have a need for professional liability insurance—commonly purchased by federal employees with managerial or supervisory …More

Availability of an employer-sponsored defined benefit annuity program such as FERS or CSRS for federal employees is one of the …More

If you have five or more years of creditable civilian service but don’t meet any of the combinations for immediate …More

When you plan for retirement, some simple numbers can help you develop an investment strategy. Start by determining how much …More

A review of job postings from employers specifically seeking older workers—or at least inviting older workers to apply, among others—has …More

Although buyouts, also known as voluntary separation incentive payments, have not been used widely in recent years, the authority still …More

If you still have a life insurance policy you bought more than 10 years ago, you may be paying too …More

The inspector general of OPM has said that federal retirees are being victimized by various forms of fraud including “forged …More

As governmental plans, CSRS and FERS are not subject to the Employee Retirement Income Security Act (ERISA), which governs many …More

Variable annuities can deliver supplementary retirement income. Money you invest can be placed among many different stock funds, bond funds, …More

In focus groups involving some 190 older women that GAO convened for a report on financial challenges facing them, a …More

The annual open season is when most enrollment changes in the Federal Employees Health Benefits program occur, but certain changes …More