Retirement & Financial Planning Report

The oldest members of the baby boom generation show wide variation in their approaches to retirement, a study has found, …More

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

About two-thirds of persons who reach age 65 will have a need for long term care at some point in …More

How much of your retirement portfolio should you use for spending money after you stop working? Studies have shown that …More

Eligible enrollees in the FEHB include current federal employees, Members of Congress and congressional staff, the President, annuitants, and eligible …More

A report for Congress has found that the recent recession, while hurting virtually all sectors of society, had the greatest …More

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

One feature of the Federal Employees Group Life Insurance program that enrollees typically hope they’ll never use but that they …More

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

The erosion of such benefits outside the government has been continuing and could well accelerate in the future, according to …More

When an IRA owner dies and the account passes to the beneficiary, the best choice usually is to leave the …More

When an individual chooses to start saving for retirement and when that person chooses to begin making withdrawals of the …More

Retirees whose eligibility for FEHB ends in general cannot get back into the program. Thus, extreme care must be used …More

A report by the Center for Retirement Research at Boston College said that individuals typically change their retirement plans when …More

Many grandparents contribute to 529 college savings accounts, which offer tax-free buildup and tax-free withdrawals for college costs. Often, the …More

More households are at risk of having inadequate income in retirement as measured by an index used by the Federal …More

The costs of long-term care continue to rise, according to the MetLife Mature Market Institute, which has been conducting a …More

If in retirement you start a home-based business, you might be able to qualify for home office tax treatment. With …More

Actuarial reduction factors known as "present value factors” are numbers used to determine adjustments in federal retirement benefits in certain …More

Confidence in retirement security has not improved as the economy and stock markets picked up over the last three years …More

Social Security benefits differ in several ways from civil service retirement benefits, with one prominent difference being that while in …More

Although retirees generally cannot add to their FEGLI life insurance—they can only decrease or cancel it, as a rule—there is …More

The growth in the older population is being accompanied by an increase in financial fraud targeted at older people, according …More

If you inherit an IRA, you can pull out all the money right away. If you don’t need the cash, …More

While an injured federal employee is receiving Federal Employees Compensation Act benefits and not working, he or she does not …More

Retirees on average spend less as they age but at the same time there are changes in demands on their …More

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

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

The Congressional Research Service has examined federal retirement data in several reports, finding that the FERS system continues to cover …More

In investing, the combination of safety and good returns is hard to find. One option that has held up well, …More