Before you rush out the door, consider how a few more years of service can permanently boost your FERS annuity and Social ...
A federal employee with 28 years of service and a $92,000 salary will receive a pension closer to $28,000 a year under the FERS formula, well below the 60% to 70% of pre-retirement income many workers ...
A few weeks ago, I wrote about the potential changes to federal retirement benefits that are included in proposed legislation that is moving through Congress. The key word is “proposed” because since ...
Even if you’re not a federal worker, it’s good to have a Plan B in case your benefits are delayed.
The United States Postal Service announced on Thursday that it will halt contributions to its employees’ retirement pension plan as the agency works to conserve cash and manage its dwindling finances.
With additional education, broader allocation strategies may enter the conversation, allowing individuals to evaluate how ...
Quick Read TSP is the critical third leg for federal employees after FERS pensions (averaging 30% of pre-retirement income) ...