Recent studies conducted by the National Council on Aging and the Leading Age LTSS Center @ UMass Boston found that an astounding …
TSP
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Did you know that you can handle most of your Thrift Savings Plan (TSP) transactions online through the My Account portal? This …
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Retirement
$1 Million In Retirement Savings May Not Be Enough If You Retire In These States
by fedadvantageby fedadvantageAccording to United Nations projections, the average life expectancy 10 years from now is estimated at 81.11 years old. For FERS pre-retirees …
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The prospect of enjoying a mortgage-free retirement while aging in place is undeniably appealing, especially when housing expenses can consume 30% or …
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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 …