When it comes to saving for retirement as a federal employee, one of the options at your disposal with the widest variety your TSP, or Thrift Savings Plan. WHAT ARE THE FIVE PRIMARY GOALS OF TSP? Income Replacement Protection of Principal Growth Potential...
DO YOU HAVE A WRITTEN BUDGET AND A PLAN!? As a federal employee preparing for retirement, there are several things that you need to be concerned about. The key to making sure that everything goes smoothly is to have a budget and a plan. You wouldn’t go on a road trip...
Whenever retirement in the United States is discussed in any capacity, even by non-federal employees, Social Security always comes up. Many people have arranged their retirement plans with Social Security assumed as part of it…but many times they are unaware of...
The cost of your Federal Employee Group Life Insurance and the amount of coverage you receive from it are difficult to understand unless you know how it’s calculated. Trying to figure out how much coverage you’ll retain after retirement (or reaching age 65,...
The Civil Service Retirement System is a defined benefit contributory pension plan. It was established August 1st, 1920, and was later replaced by FERS in 1987. If you became a federal worker before 1987, then more than likely calculating your retirement funds and...
Retirement under the Federal Employee Retirement System doesn’t affect government workers alone. If you’re a federal employee, you’ve probably also been choosing and arranging your coverage to provide for your family under FERS as well. No one wants to imagine what...
