Retirement & Financial Planning Report

Those with student loan debt on average save less for their retirement through employer-sponsored plans, resulting in lower savings in …More

You might lose your FEGLI life insurance coverage under certain circumstances. You can lose coverage if: * you leave government …More

A power of attorney is a document where one person (the principal) names another (the agent), who can act for …More

A posting by the Center for Retirement Research touts the value of Social Security as longevity insurance—protection against outliving one’s …More

Some federal retirees choose to go back to work, and in many cases, they naturally look to the government as …More

When you hear investment professionals speak of “cash,” they’re not talking about twenty-dollar bills in your dresser drawer. Instead, they …More

Having a pension in retirement is one of the best benefits that federal employees enjoy. Very few private sector employers …More

A recently introduced House bill (HR-6581) would broaden the scope of protections against age bias under the Age Discrimination in …More

Deciding whether to elect a survivor annuity is partly a matter of math, but it is more than that. The …More

Working for the federal government comes with some great insurance options. And one of the best perks is that most …More

In a series of recent reports, the OPM inspector general’s office said it has identified misspending in the FEHB program, …More

If you have or adopt a child, he or she is eligible for coverage under the Federal Employees Health Benefits …More

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