Rep. Anthony Brown (D-Md.) introduced the Federal Employee Pension Act of 2017 to reduce the mandatory 4.4 percent pension contributions by new federal employees.
Senior Correspondent Mike Causey says despite it being home to Congress, Washington, D.C. takes the least vacation time of any other major American city.
Senior Correspondent Mike Causey says federal and Social Security retirees may be in for a cost-of-living adjustment that’ll trump January’s proposed 1.9 percent pay raise for federal workers.
Senior Correspondent Mike Causey says current and future federal retirees would lose thousands of dollars in cost-of-living benefits if Congress goes along with the president’s plan to put them on a zero-COLA plan.
House Republicans and Democrats have unveiled legislation to provide the biggest expansion of college aid for military veterans in a decade
The House Armed Services Committee wants to expand the $40,000 Voluntary Separation Incentive Pay for DoD civilians to 2021.
The Navy announced its bonus reenlistment numbers for pilots in 2018. Meanwhile, Congress is trying to give more money to the Air Force to retain pilots.
The Air Force is changing some of its policies to bring squadrons into the 21st century. Meanwhile, the service is reviewing medically separated airmen’s disability ratings.
Host Bob Leins welcomes Dave Love, CLU, CLTC with The Love Financial Group to the studio for an educational discussion about long term care. Morningstar investment analysts’ research shows that approximately 70% of Americans over age 65 will become cognitively impaired or unable to complete the activities of daily living. Baron’s says the average need for LTC is almost four years for women and just under two and a half years for men. July 10, 2017
The Senate Armed Services Committee wants to cut some basic housing allowance for dual military couples to save money in the long run. The committee tried to make more drastic cuts last year, but they did not make it into law.
Non-existent sweepstakes, phony lotteries, reverse mortgage schemes and counterfeit drugs — fraudsters have unlimited imagination when if comes to separating people from their money, especially retirees and the elderly. Tammy Flanagan, senior benefits director at the National Institute of Transition Planning, offers some advice on avoiding ripoffs on Federal Drive with Tom Temin.
Have you protected your TSP from the next stock market crash? Financial planner Arthur Stein will explain what you should be doing now to protect your financial assets when he joins host Mike Causey on this week’s Your Turn. July 5, 2017
The House defense authorization bill brought up some important issues for those in the military and their loved ones. Find out what could affect you in the coming year.
Congress and the White House have a laser-focus on four major parts of the federal civil service retirement program. So which one is going to get the ax?