Retirement & Financial Planning Report

Why do you need life insurance? Often, for one of these two reasons: * Income replacement. If your untimely death …More

Outliving savings is the major fear regarding retirement among all age groups and is especially a concern among younger workers, …More

Some employees have concluded that they would be better off financially if they “burned off” their sick leave hours instead …More

Many people go into a second or third marriage with children from a previous marriage. This can create an estate …More

Personal financial skills start to decline around age 60, which is an especial cause for concern because of the increased …More

If you once worked for the federal government and then left for greener pastures, you may have taken a refund …More

There are several strategies you might wish to consider for improving your cash flow in retirement. One is the reverse …More

Every federal employee knows that a retirement annuity is based in part on the highest three consecutive years of average …More

Properly organizing and storing your financial records can pay off for both yourself and for your survivors, on your death. …More

Homemakers primarily rely on spouses for their income but both will retire at some point, and that kind of reliance …More

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

When shopping for life insurance, many people choose permanent life insurance policies even though they are more expensive than term …More

A requirement to take certain amounts of money out of IRAs after the account holder passes age 70 ½ accounts …More

Many CSRS-covered employees have reached or are about to reach a point in their careers when their basic annuities are …More

Variable annuities increasingly offer guaranteed minimum income benefits. Such benefits provide variable annuity investors a guaranteed return if they: * …More

There seems to be widespread concern—and more than a little resentment–in the federal workforce regarding the premium increases set to …More

Consider these improvements to make your house more livable for yourself as you grow older. * Install kitchen appliances at …More

Relatively few people who have retirement savings plans such as the TSP and 401(k)s actively manage them, says a survey …More

As a rule, you can only continue your FEHB and/or FEGLI coverage into retirement if you are 1) currently enrolled, …More

While you’re alive, you can create two types of trusts: * Revocable trusts. Such trusts can be cancelled or altered …More

The availability of “catch-up” investing in savings plans such as the TSP is a potentially valuable boost to retirement security …More

The way in which you hold your assets can affect your financial and estate planning. * Sole ownership. Holding assets …More

Only about half of private sector workers have access to an employer-sponsored retirement savings plan comparable to the TSP, GAO …More

One of the least understood choices faced by employees who are disabled or injured in the line of duty is …More

A look at the state of retirement preparedness over five years shows that well publicized trends have continued and that …More

As your personal situation changes through the years, so do your life insurance needs. You should review your life insurance …More