Starting a family can be an exciting time but it is important to adjust your health benefits so that everyone is always covered. But just like everything else with the government, this is not quite as simple as you might hope. The first question we have to answer is who Read more…
Whether we realize it or not, we all have a relationship with money. Just like food, your possessions, and the people in your life, there are certain feelings and attitudes that you associate with money. These feelings can be vastly different from person to person. Most people never stop to Read more…
Your unused annual leave can be a nice bonus for those retiring. Let’s dig into how it works. Remember that annual leave and sick leave is handled very differently. Make sure you don’t mix up the two when planning for retirement. Retirees receive a lump sum payment for their unused Read more…
The Setting Every Community Up for Retirement Enhancement Act of 2019, also known as the SECURE Act, which originally passed the House in July, was approved by the Senate on Dec.19, 2019, and signed into law on Dec. 20 by President Donald Trump. I am not going to dig too Read more…
The coronavirus has really shaken things up in the last few weeks. People are scared. This is evident by the fact that most stores are completely sold out of toilet paper and hand sanitizer, not to mention the stock market has dropped more than 25% in the last few weeks Read more…
You have worked hard your whole career looking forward to a comfortable retirement. You have patiently invested and planned diligently. You are excited to start drawing social security to reap the benefits of years of hard work. But, did you know that a huge portion of your social security benefits Read more…
As a federal employee under the Federal Employees Retirement System (FERS), you are blessed with an incredible retirement package. Retirees under FERS are entitled to a pension, something that is becoming a thing of the past in the private sector, plus there are a lot of other benefits that federal Read more…
The unused sick leave hours that you have at retirement can increase your pension but this might not make sense for everyone. Here is how it works. It is important to know that unused sick leave and unused annual leave is treated very differently. If you retire with any unused Read more…
Retirement can be an incredible time as a federal employee. You worked hard for many long years and now it is time for you to enjoy the rewards. But the place that you choose to retire can have a huge impact on your financial situation. The things to consider are Read more…
Your TSP is an incredible investment tool, especially during your career. The question, is it worth keeping in retirement? Many people suggest that it always makes sense to roll your TSP into an IRA. But this isn’t always the best for everyone. Let’s dig into the pros and cons. Pros Read more…
