At the bottom of the Great Recession in March 2009, many federal workers and retirees saw their Thrift Savings Plan accounts drop as much as 40 percent. Senior Correspondent Mike Causey asks, what’s your plan for the next downturn?
Good news: Stock market is at an all-time high. Bad news: The market is long overdue for a major correction. Senior Correspondent Mike Causey asks, do you have a Plan B for your TSP?
With four months left to go in the cost-of-living adjustment countdown, the increase is looking like 1.51 percent in Social Security, civil service and retired military pay benefits, but that’s not guaranteed and few people understand how the system works.
One of the best things about retiring from the government is that pensions are inflation-protected for life, but the Trump administration wants to eliminate cost-of-living adjustments for one group of retirees and trim future inflation catch-ups for others.
If you pick 100 people at random from your federal agency, odds are 34 of them could retire today, or six months ago. But they haven’t. Senior Correspondent Mike Causey explains why.
If you’re a government worker or retiree, odds are you are dreading the day when your grandson or granddaughter asks you about the good old days, when folks had pensions.
Trimming or eliminating the cost-of-living adjustments for 2.6 million federal retirees would be a major financial blow to communities where they live, which is just about most places, says Senior Correspondent Mike Causey.
Senior Correspondent Mike Causey says many feds are in shock over proposed changes in the federal retirement program and what it would do to all retirees.
If you’re a federal employee, the budget proposal comes with some interesting policy ideas. You probably won’t like them.
Join our host Bob Leins as he welcomes Bob Braunstein, Federal Benefits Specialist, to the studio to talk about hot topics in federal benefits.
May 15, 2017
The Thrift Savings Plans is seeing red for the first time in 2017, after two funds posted negative numbers in March.
The Office of Personnel Management posted its highest backlog of federal retirement claims since October 2015, though it will likely spend the rest of the year bringing that total down, now that its “busy season” is over.
Host Bob Leins welcomes Bob Braunstein, Federal Benefits Specialist to discuss changes as well as provide planning opportunities for you in 2017.
February 27, 2017
Randy Silvey, president of Silverlight Financial, argues that federal employees are at a disadvantage compared to non-federal employees when it comes to having full control over their retirement money.
2016 was a good year for fed workers investing in TSP, despite ups and downs in the market. Senior Correspondent Mike Causey digs deeper into what’s coming up next.