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 590

3 Steps to Navigating Open Season

December 7, 2017 The end is near! The end of the 2017 health insurance open season, that is. It comes Monday, Dec. 11. As I am writing this column, there are only 3 days, 16 hours and 9 minutes left. (The Office of Personnel Management has a countdown clock.) By the time you...

5 Year-End Money Saving Tips

November 30, 2017 I don’t know about you, but it seems like this year flew by faster than usual. We’re already in the midst of the annual health insurance open season (the last day is Monday, Dec. 11), some of you are winding down the final days of your career, those who are...

Keep These Documents Handy

November 22, 2017 In last week’s column, we looked at the basic steps to take in filing your retirement application. But in addition to the standard forms, you may need to include additional documents with your retirement application and insurance forms, depending on your individual circumstances. Let’s look at some of them. For...

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 marked 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...