Get Your Finances in Order – Shutdown Budgeting 101
More people are thinking about their retirement right now because they’ve been under pay freezes, budget cuts, sequestration and furloughs.
Posts Tagged: pay and benefits
$$$ and the State – How Do They Stack Up?
If you’re anything like me, every two weeks you look at your paycheck and hope for just a few more dollars to magically appear. In reality, the number stays the same. For state and local government employees, salaries have been stagnant for years. “Our whole country has been stunned by the difficulty we’ve had inRead… Read more »
Checking in on Your Pocketbook
Woah, January! If you were watching the stockmarket last month you were in for a wild ride. The stock market was incredibly volatile last month. “Our Chief Investment Officer said in January there were 10 days where there were 100 points swings. It was a roller coaster,” Kim Weaver, Director of External Affairs, Federal Retirement ThriftRead… Read more »
3 Changes to Your Retirement Plan in 2015
How did your retirement plan fare in 2014? Are there any changes you should make as we head into 2015? As the calendar flips ahead to a new year, January is the perfect time to make sure your retirement plan is running smoothly. Kim Weaver, Director of External Affairs at the Federal Retirement Thrift Investment Board,Read… Read more »
Seeing Green: TSP by the Numbers
As summer sun cools to fall, the Thrift Savings Plan (your retirement plan), has also made a turn. After a down July, all but one of the TSP funds are back in the black. All Thrift Savings Plan domestic funds recorded gains over the past month, while the I Fund, invested in international stock, fell 0.14 percent.Read… Read more »
The Buck Stops… Where? Who Is Accountable in Gov?
It’s been more than eight months since CNN and the Arizona Republic began reporting about veterans dying while they were waiting for medical services—in some cases, on secret lists that clinics were maintaining to hide the long delays from authorities in the Department of Veterans Affairs. Since then, Secretary Eric Shinseki has stepped down, bonusesRead… Read more »
TSP Funds Rebound In February – Find Out How Much
After a rough January, the Thrift Investment Plan’s funds were back in the black for February. In fact, all the retirement funds were up by more than .5%. Kim Weaver is the Director of External Affairs at the Federal Retirement Thrift Investment Board. The Board runs the TSP. Weaver told Chris Dorobek on the DorobekINSIDERRead… Read more »
Does The President’s Budget Matter?
The White House released its fiscal 2015 budget proposal on Tuesday. The budget aims to “put a stop to short-sighted cuts to government operations” and to expand funding for federal-employee training. Federal employees’ pocketbooks would also get a slight boost. For the second year in a row, the Obama administration is proposing a 1 percentRead… Read more »
Is Your Retirement Safe During a Debt Ceiling Default?
Time is running short for Congress to raise the nation’s borrowing limit — the Treasury Department says it will run out of spending authority by Feb. 27. As the federal government keeps spending money it does not have without borrowing or printing more, the Department of the Treasury has announced that it will again beRead… Read more »
Retirement: Why the Next Generation Needs a Plan
“It’s the year 2043 and Cheryl, a 60-year-old public works employee with 30 years of service, has just reviewed her retirement savings with a financial adviser. She is surprised that she will need to work several more years to reach her retirement income goals. “My father retired from city government after 25 years and hadRead… Read more »