I am contributing 5% to my TSP, getting the maximum agency match, and I’m also paying into Social Security and the Federal Employee Retirement System (FERS). Is that going to be enough to retire on?
The big question is, is phased retirement right for you? The answer may come down to which retirement system are you in.
Stocks were up Monday but slowly sold-off through the mid-week days as traders anticipated the release of the August jobs report Friday. The report was thought to give traders an idea of whether the Fed would raise interest rates or not in the next FOMC meeting. The consensus estimates were an addition of 185,000 jobsRead… Read more »
Assessment of federal employees’ pay grades has already begun at OPM. The review will consider locality and other pay grades that have been adjusted to higher levels
Whether you are in savings mode or retirement mode, you should ask yourself if your preferred vehicle is the TSP or an IRA.
This August, we saw a number of articles focused on collaboration. We saw collaboration among women, learned about private sector collaboration for women, and even heard calls for collaboration that isn’t yet happening (Old Girls Club, where are you?).
Stocks were thrown into positive territory Tuesday as the market was up at the open; the strong open also happened to be the peak of the week. Stocks sold off intraday Tuesday and the selling continued into Wednesday and Thursday. Janet Yellen spoke Friday Morning about the next potential interest rate hike. Her comments wereRead… Read more »
Researchers have revealed that only .5 percent of all the officers have over a million dollars in their TSP accounts.
Not coordinating your retirement accounts with your outside investments is a mistake that can cost you greatly.
Should you get more FEGLI coverage? Not so fast!