Retirement & Financial Planning Report

How can you prepare your children to handle the assets they’ll eventually inherit? One strategy is to have them meet …More

Many people recognize that they could increase their retirement savings simply by cutting back on nonessentials but they find even …More

Age 59 ½ is significant in tax-advantaged savings plans such as the Thrift Savings Plan because under the tax code, …More

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

Purchasing an annuity is a way to produce a stream of steady income in retirement but they are not risk-free …More

Any employee or retiree who is eligible for coverage under the Federal Long Term Care Insurance Program—and that includes the …More

Executing a well is vital to anyone’s estate plan. If you die without a will, your assets will be distributed …More

A recent report examining the connection between retirement benefits and recruiting and retention among state and local government employees could …More

Though sick leave helps when you are ill (and for a myriad of other things, such as childbirth, adoption, absence …More

Many people make charitable contributions, usually by writing checks. However, there are more tax-efficient ways to benefit your favorite causes. …More

Retirement and health insurance rank tops among reasons employees stay with their employers, a probably not surprising finding that once …More

Hitting age 65 brings several important changes for federal retirees that are worth knowing and planning for, even for those …More

Chances are you’ve spent a certain amount of time on the creation of your will. You’ve discussed the provisions with …More

The SSA inspector general’s office has said it is seeing new forms of scams designed to steal Social Security numbers, …More

Buyouts come with several important restrictions. A buyout taker must repay the entire (pre-tax) amount of the incentive to the …More

Before you retire, you need to anticipate how much of your portfolio you’ll withdraw. If you expect to take out …More

Those retiring now and in the future are facing a very different landscape than their parents pinched on both the …More

Several federal benefit programs provide for death benefits, but such forms can easily be filed and forgotten. Benefits counselors say …More

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

Growing numbers of Social Security beneficiaries have to pay taxes on those benefits but even that burden falls far below …More

One of the most overlooked and least understood provisions of federal retirement is the annuity limit. The bad news is …More

It’s never too early to think about where you’ll want to live in retirement. If you’re already retired, evaluate whether …More

“Leakage” from retirement savings plans such at the TSP is unfortunately common and even small drains can have major long-term …More

While the basic federal retirement program offers only a few choices regarding providing survivor benefits, the Thrift Savings Plan offers …More

One often overlooked part of estate planning is making plans for what will happen if you become incapable of making …More

OPM has raised the prospects of creating a centralized enrollment system for the FEHB program out of concern that ineligible …More

You may assign your Federal Employees Group Life Insurance to one or more persons, firms or trusts. Assignment means that …More

In the U.S. legal system, the slightest misstep can lead to a huge award or a sizable settlement in a …More

Private sector companies tend to offer retirement and financial advice to their employees well beyond what federal employees and retirees …More

Employees should review their official personnel folders—often, no longer folders but instead electronic files—on a regular basis as a general …More