Holiday Wishes

By Tammy Flanagan

December 19, 2008

I will be taking a break from my weekly column until after New Year's. So for my final column of 2008, I thought I'd create a wish list of changes that, if enacted, would improve retirement prospects for federal employees. Some items on this list would require the cooperation of the 111th Congress when it convenes in 2009, so you might want to let your elected representatives know which ones are important to you. Many will sound familiar because they are proposals that have been introduced, but nothing has happened -- yet. And a few of the ideas are new.

While many employees have pulled the plug on their retirement plans because of the economy or their dedication to serving their agencies, maybe some of these changes will take place in 2009 and ease your transition:

The holidays are here, and in many places winter has arrived early. We have major changes on the way in Washington with the new administration getting ready to take the reins and make changes. I am sure 2009 will be an interesting and historic year. Service members continue to fight the nation's wars as federal workers battle terrorism at home and support the troops abroad. Others are administering vital programs and missions, enforcing the laws, and improving the daily lives of Americans. I would like to say thank you for your dedicated service, and best wishes for a safe and joyous holiday season.

Tammy Flanagan is the senior benefits director for the National Institute of Transition Planning Inc., which conducts federal retirement planning workshops and seminars. She has spent 25 years helping federal employees take charge of their retirement by understanding their benefits.

For more retirement planning help, tune in to "For Your Benefit," presented by the National Institute of Transition Planning Inc. live on Monday mornings at 10 a.m. ET on federalnewsradio.com or on WFED AM 1500 in the Washington metro area.


By Tammy Flanagan

December 19, 2008

http://www.govexec.com/pay-benefits/retirement-planning/2008/12/holiday-wishes/28248/