It makes sense for many people to stay with the federal government for their entire career. But for others, it simply does not. For these individuals it is important to know what happens to your federal benefits if you decide to leave before you are eligible to retire. Pension You Read more…
I’ve seen many people retire, travel for a year, get bored, and then go back to work. Whether it’s out of boredom, financial need, or for any other reason, many federal employees find themselves in a position where they want to go back to work after they’ve already retired. The Read more…
Beneficiary designations are one of those things that most employees fill out when they’re first employed and never think about much after that. But most people don’t know that these designations are extremely powerful. They will overrule a will or other estate documents every time. This means that regardless of Read more…
A federal employee has a lot of options when retirement comes. With just about every benefit that employees enjoy, a decision will have to be made on how to use that benefit in retirement. One of these decisions that will make a huge impact over the course of a retirement 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…
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…
