Retirement & Financial Planning Report

Many retirees have property in more than one state. Establishing residency in one versus another might result in lower taxes …More

There is 1.1 trillion dollars of credit card debt, 49 percent of all card holders. And there is 12.2 trillion …More

Many people have “concerning” attitudes about preparations for retirement, including that nearly half of current workers “would prefer not to …More

Although you might not want to think about it, there’s a chance that you could lose the ability to manage …More

The tax breaks in retirement savings plans such as IRAs and employer-sponsored programs “are much more likely to benefit high …More

An inspector general audit has recommended steps to improve the OPM’s process for resolving disputes over denied claims under the …More

If you are an employee covered by the Federal Employees’ Group Life Insurance program, there’s an extra benefit in that …More

Assets such as real estate, business interests, collectibles, personal property, and intellectual property may have to be valued for tax …More

More Americans are working beyond age 65 and of those who remain employed they on average are working more hours, …More

At retirement, you’ll have a big decision to make if you are married: Should you elect a survivor benefit for …More

Retirement preparations should not just be about preparing yourself and your family; your home should be prepared, too. Consider these …More

Nearly all current federal employees are covered by the Federal Employees Retirement System, with just 2 percent under the older …More

When shopping for life insurance, many people choose permanent life insurance policies even though they are more expensive than term …More

We’ve all heard it: A Roth (post-tax) retirement account is the best thing since sliced bread. (Fun fact: I lived …More

The Secure Act 2.0 was signed as law at the end of 2022. This law brings several changes in the …More

The National Active and Retired Federal Employees Association has called on a House committee to advance a bill (HR-82) to …More

An FEHB plan’s failure to provide benefits that basic guidelines required in the program could become the basis for challenging …More

The amount of money needed for retirement varies from person to person based on various factors such as lifestyle, health, …More

While the Social Security program is now less than a decade away from the point in which its trust fund …More

If you separate from federal employment and are not eligible for a retirement annuity at that time, you may apply …More

Decisions on whether to hold certain investments inside your tax-deferred retirement plan or outside should take into consideration: * Your …More

Making the decision to move into retirement is the biggest business decision that you make for your family. There is …More

Traditional scams targeting retirees and other older persons are increasingly powered by artificial intelligence, raising the risk of those targeted …More

Of investors who are open to buying annuities with their savings, only a small percentage actually go through with it …More

After you retire, the paychecks will stop coming and while the annuity will start, it won’t be as large as …More

Fraud against the federal retirement program is continuing, an inspector general report has said, with lack of reporting to OPM …More

There are many reasons a federal employee may go on leave without pay, including for military service, personal or family …More

Moving to a new home in retirement? Along with the lifestyle changes, remember to pay attention to: * Estate planning. …More

A survey of persons who recently claimed Social Security benefits found that while satisfaction with the process was generally high, …More