Retirement & Financial Planning Report

Every trust needs a trustee to assume responsibility for handling trust assets. Your choices include: Individual trustee: A friend or …More

Three million federal employees escaped the Federal Furlough of 2024. During my 36-year federal career, I experienced a federal furlough …More

While overall concerns among workers about their financial and physical well-being have been trending down, three-fourths still say their level …More

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

One form of benefit the government does not offer to its employees is short-term disability insurance. This type of insurance …More

Whether you’re early-career, approaching retirement, or already crossed the finish line, you need to understand that the sky is falling….and …More

A report for Congress has mapped how changes to Social Security benefits affects decisions on when to retire, finding that …More

Currently working men and women have largely similar hopes for retirement but levels of concern are consistently higher among women, …More

Many people treat life insurance as a “file it and forget it” decision, but needs change over time. It could …More

SSA employees don’t always caution potential benefits filers who would be affected by the “government pension offset”—including many of those …More

If you decide to leave assets in a trust for your beneficiaries, consider your designation of trustee carefully. The most …More

When you become a new Federal Retiree on January 1, 2025, what will you end up doing with yourself? The …More

The FERS (Federal Employees Retirement System) pension calculation is based on three variables: your high-3 salary, years of service, and …More

Imposter scams remained a leading source of fraud against older persons last year in reports to both the FTC and …More

There is no one “magic bullet” that will provide all-purpose asset protection. However, there some things that you should do …More

Processing of retirement applications, customer service to retirees and preventing improper payments remain among the major management challenges to the …More

After you retire, your agency will send your records to OPM, which will check whether you meet a needed age …More

In your homeowner’s insurance, you should be sure that you have a “replacement cost” policy rather than an “actual cash …More

A power of attorney can be a vital part of a financial plan. If you lose the ability to manage …More

Addressing the pending funding shortfalls in Social Security and Medicare were the top two retirement-policy related priorities for members of …More

On November 1, 2024, the Internal Revenue Service released the 2025 retirement plan contribution limits and other key numbers for …More

The continued higher rates of offsite working following the spike during the pandemic “could help older people with disabilities, who …More

If you are an employee who is getting married, you’ll need to notify your personnel office. If you are a …More

Every trust has a trustee, who holds property for one or more beneficiaries. Indeed, the most important person in the …More

Preparing yourself for retirement involves more than just building up your savings and applying for your federal retirement benefits. Other …More

Retirement as a federal employee is no easy topic. There are two essential questions to understand if you’re going to …More

Retirement savers are tapping into those accounts while they are still working a “concerning” levels, says a report by the …More

You should begin planning for retirement at least a year ahead of the day you expect to retire. However, an …More

If you draw up a will, any property included in that will must go through probate before it can pass …More

In their early career years the Millennial generation was behind prior generations financially, but in more recent years they have …More