AUTHOR ARCHIVES

Tammy Flanagan

Tammy Flanagan has spent 30 years helping federal employees take charge of their retirement by understanding their benefits. She runs her own consulting business at www.tammyflanagan.com and provides individual counseling as well as online training for the National Active and Retired Federal Employees Association, Plan Your Federal Retirement as well as the Federal Long Term Care insurance Program. She also serves as the senior benefits director for the National Institute of Transition Planning Inc., which conducts federal retirement planning workshops and seminars.

For more retirement planning help, tune in to "For Your Benefit," presented by the National Institute of Transition Planning Inc. live on Federal News Radio on Mondays at 10 a.m. ET on WFED AM 1500 in the Washington-metro area. Archived shows are available on NITPInc.com.

Results 1-10 of 587

The Final Countdown: Filing the Papers

November 16, 2017 We’ve reached the time of year when many federal employees turn in their applications for an end-of-the-year retirement. One reason so many people retire at the end of the year is to get a large lump-sum payment for accumulated annual leave. Retiring at the end of the year allows employees...

What You Need to Know About Your Health Insurance Choices

November 9, 2017 Monday, Nov. 13 marks the beginning of the 2017 Federal Employees Health Benefits Program open season. According to a new GAO report on FEHBP, as of 2015, 85 percent of federal workers and 90 percent of retirees were enrolled in the program. FEHBP is the largest employer-sponsored health insurance program...

Are You Ready to Retire? A Self-Assessment

November 2, 2017 An ever-increasing number of government employees are eligible to retire, and with Congress considering changes to federal retirement benefits, many are contemplating their next move. But even if you’re not in this group, it pays to be prepared for your long-term future. In fact, regardless of where you are in...

Benefits Spared the Budget Ax

October 26, 2017 The House voted Thursday to approve the Senate’s version of the fiscal 2018 budget resolution, an action that was noteworthy because that version does not mandate reductions to federal retirement benefits. The House’s initial version of the budget resolution had directed the Oversight and Government Reform Committee to come up...

5 Things You Should Do to Prepare for Health Benefits Open Season

October 19, 2017 I can hear the groans now. It's the start of another health benefits open season. For many federal employees and retirees, this is not a cause for celebration, but a time of frustration and confusion. Open season can cause paralysis from analysis or inaction due to so many choices. But...

Are You Mentally Prepared for Retirement?

October 12, 2017 It is important to visualize a life after your federal career has ended. Some people may want to ease into retirement. Congress created a phased retirement option in 2012. Not all federal employees are eligible for it, but some agencies have implemented the option for those who are. Assuming your...

When Can You Retire?

October 5, 2017 I get this question a lot: When can I retire? The person asking sometimes means When am I eligible to retire? or When can I afford to retire? Every once in awhile, it means When will I know I am ready to retire? The eligibility question is easy. Under CSRS...

What Makes the FERS Supplement Special

September 28, 2017 The Federal Employees Retirement System annuity supplement is important for those covered under FERS who plan to retire before turning 62, but it is especially significant to those who must retire early under special provisions that apply to certain groups of employees: law enforcement officers, firefighters, air traffic controllers, National...

How Ready Are You For Retirement? A Quick Quiz

September 21, 2017 Whether you’re concerned about proposed congressional changes that could impact your future retirement benefits or you’re simply at or near eligibility for retirement, you may have been thinking lately about your future plans. If you’re considering leaving sometime soon, it’s a good idea to think about how prepared you are....

Potential Benefits Cuts: Where Things Stand

September 14, 2017 Earlier this year, I wrote about the proposed cuts to federal retirement benefits included in President Trump’s budget. Here, to recap, is what the budget proposal included: Cost-of-living allowances for current and future FERS retirees would be eliminated altogether. COLAs for CSRS retirees would be reduced by 0.5 percent each...