Retirement & Financial Planning Report

When they retire, most federal civilian employees who are receiving retired military pay have to decide whether to keep that …More

When you draft your will, you should name an executor. It will be up to your executor to handle all …More

There’s a general pattern of allowing short-term financial concerns to divert attention from long-term savings needs including preparing for retirement, …More

Have you ever gotten into an argument with your health benefit plan over whether a medical procedure or service should …More

If you die without a will, you die “intestate” and your assets will be distributed according to your state’s law. …More

Retirement savings plans such as the TSP offer a valuable benefit by allowing access to the money without a tax …More

As a rule, if you retire before the end of a leave year, you’ll be given a lump-sum payment for …More

For estate tax planning, 529 college savings plans can be valuable. If your parents would like to get some estate …More

Many participants in defined benefit retirement plans will choose to forgo an annuity and pull out a lump-sum payment instead …More

Having sick leave not only helps when you are ill but can also be used for such things as childbirth, …More

People are living longer, on average, so providing for income far in the future may be a concern. Possible tactics: …More

A recent report by the Federal Reserve Board raises several warnings about retirement savings habits, finding that 39 percent of …More

If you have any part-time service in your work history, the more part-time service you have in your career, the …More

Taking an IRA distribution before age 59 1/2 usually results in a 10 percent penalty. That’s in addition to ordinary …More

An Employee Benefits Research Institute study shows how participating in a defined contribution type savings program such as the TSP …More

The effect on an annuity if you return to work for the government after retiring depends on how you retired. …More

When you’re looking for an expert to help you with money matters, choosing among prospective advisors can be a challenge. …More

An individual’s expectation of lifespan in retirement is an important factor in important decisions including how long the person keeps …More

You can retire on an immediate, unreduced annuity if you meet the age and service requirements. But if you want …More

To finding the right financial advisor, you must match your goals with the planner. Suppose you are primarily interested in …More

One reason for the frequently reported shortfalls in retirement savings by those approaching retirement is that their spending habits differ …More

There are two features of the Federal Employees Group Life Insurance (FEGLI) program that are not well known nor understood …More

If you own investment real estate, you have a triple chance to make a profit: 1. You can collect monthly …More

Older workers looking to prolong their careers and/or improve their remaining working years might consider investing in an “educational upgrade,” …More

The period approaching retirement or in early retirement years is a common time to seriously consider taking out long term …More

As you grow older, you might no longer want to keep paying premiums for life insurance. If so, your options …More

Studies showing high rates of people unprepared financially for retirement largely reflect continued increases in needed savings for retirement due …More

If you served in the military since 1956, you can credit that time toward your annuity but there are numerous …More

Many relatively young retirees choose to start receiving Social Security benefits—assuming they are eligible for them–at the earliest possible age …More