Retirement & Financial Planning Report

The purpose of a voluntary separation incentive payment, also known as a buyout, is to avoid involuntary separations resulting from …More

The Federal Long Term Care Insurance Program obviously is not the only form of long-term care available. An individual can …More

Having health insurance in retirement, as almost all federal employees and retirees do through the FEHB program, does not necessarily …More

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

An immediate annuity is a contract that provides you (or, perhaps you and your spouse) with a stream of income …More

The United States has some of the highest rates of older persons still in the workforce of any country in …More

Changing demographics and extended life expectancies will put pressure on Social Security finances beyond what has been previously projected, a …More

Whether you are a CSRS or FERS employee, the eligibility rules for voluntary early retirement authority, or VERA, are the …More

A recent survey of companies sponsoring 401(k)-type programs similar to the federal TSP program found that in many ways the …More

If you’re thinking of enrolling in the Federal Long Term Care Insurance Program–which many employees not in it consider as …More

Variable annuity costs are higher than mutual fund expense ratios. In return for the higher cost, investors receive some advantages …More

Several health patterns among middle-aged people show disturbing trends, one reason why employers including the federal government continue to emphasize …More

If you are in the unfortunate situation of qualifying for a “living benefit” under the Federal Employees Group Life Insurance …More

In retirement planning, two numbers remain crucial: First, how much will you want to spend after you retire? Second, how …More

Many retirees and workers approaching retirement have limited financial resources, with about half of households age 55 and older having …More

If you are a disability annuitant under age 60 and considering returning to work, the Office of Personnel Management may …More

Fixed annuity sales are expected to grow rapidly in the next few years. With a fixed annuity, you receive a …More

A seventh of the federal workforce is already eligible for retirement and almost a third of those onboard today will …More

Applying for federal disability retirement is for many people a daunting task that might discourage eligible persons. There are several …More

Studies showing that greater percentages of people are claiming Social Security benefits as early as possible can be based on …More

Generally, a federal employee must waive military retired pay in order to receive credit for military service in the computation …More

For a life-long stream of income, consider buying an immediate annuity. As the name suggests, with an immediate annuity you …More

The trend toward longer working careers is beginning to show results in terms of retirement financial security, according to information …More

An employee is eligible for a lump-sum payment for any unused annual leave when he or she retires or otherwise …More

A homeowner’s insurance policy should not be acquired when you buy your home and then forgotten. Here is how to …More

Even among those with relatively large retirement savings, few are focused on building up a sum to leave as a …More

Completing beneficiary forms available under several federal benefits programs is a personal choice; it is not required. If you choose …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

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