The prospect of enjoying a mortgage-free retirement while aging in place is undeniably appealing, especially when housing expenses can consume 30% or …
TSP
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If you opted out of the Roth TSP because you thought you’d be in a lower tax bracket during retirement, it might …
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Retirement
Navigating the 5 Big Choices of Your FERS Retirement Journey
by fedadvantageby fedadvantageMaking informed decisions is key as you approach retirement under FERS. Here are the five major decisions you’ll need to tackle: 1. …
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While non-spouses may not be eligible for the FERS survivor benefit, there exists an alternative solution for those with financial dependents – …
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Believe it or not, the control you have over your retirement income from FERS annuity (pension), Social Security, and Thrift Savings Plan …
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Contemplating worst-case scenarios may not be pleasant, but it is an essential step when planning for retirement. Before entering this significant phase …
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Ensuring financial security for your surviving spouse post-retirement is a vital aspect of FERS retirement planning. Here’s a comprehensive overview to assist …
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Many federal employees find the prospect of a Thrift Savings Plan (TSP) loan appealing for various reasons, particularly given the current trend …
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Retirement
Assessing Your Retirement Readiness: Insights from the FRTIB Survey
by fedadvantageby fedadvantageA survey conducted by the Federal Retirement Thrift Investment Board (FRTIB) unveiled intriguing perspectives among participants in the Thrift Savings Plan (TSP) …
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Recent economic forecasts suggest a decline in inflation from 3.2% in 2023 to 2.4% in 2024, according to Forbes.com. While the Federal …