As a federal employee your Thrift Savings Plan (TSP) is one of your most valuable benefits. This retirement account allows you to accumulate savings on a pre-tax or after-tax basis and, if you are a FERS employee, you can also receive matching contributions on...
The number one fear of retirees is running out of money- either out living their assets or not having enough income to keep up with future expenses. This fear is justified as we are all living longer and as inflation goes up, so do our expenses. So how do you protect...
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 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...
