AUTHOR ARCHIVES

Tammy Flanagan

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 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.

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Military Payback: More Questions

June 12, 2009 Until there ceases to be confusion on the subject of military service credit deposits, I'm going to keep writing about it. My recent column, Payback Time, addressed the issue of crediting military service toward benefits under either the Civil Service Retirement System or the Federal Employees Retirement System. The comments ...

When You Go

June 5, 2009 Perhaps it is a sign of age or maybe just a sign of the uneasy times we are living in, but the subject of death has come up in several of my conversations lately. Not that anything is wrong or anticipated, but the topic has been on the water cooler ...

Payback Time

May 29, 2009 It's the end of a short week for most federal employees that began with Memorial Day, on which we remember our fallen soldiers. Some of you no doubt raised the American flag in front of your house, or tended to the grave of a family member who died in service ...

Voluntary Contributions Revisited

May 22, 2009 With apologies to readers in the Federal Employees Retirement System, this week's subject is of special interest to Civil Service Retirement System employees who are looking for a place to shelter money from income taxes. The subject is the Voluntary Contributions program, which I last wrote about three years ago. ...

Long-Term Change

May 15, 2009 As you may have heard by now, the Office of Personnel Management has signed a new contract with John Hancock Life and Health Insurance Co. to provide insurance for the Federal Long-Term Care Insurance Program's second seven-year contract term. John Hancock has been a 50 percent joint insurer since the ...

Special Considerations

May 8, 2009 Several groups of federal employees -- such as air traffic controllers, law enforcement officers and firefighters -- are subject to mandatory retirement laws requiring them to leave their jobs at a relatively young age. The good news is they can begin immediately collecting their retirement benefits. Many of these young ...

Midcareer Considerations

May 1, 2009 Hundreds of thousands of federal employees are within striking distance of retirement eligibility, but many more who are further than 10 years away. This is when midcareer planning begins. One loyal reader of this column, Brenda, recently sent me an e-mail with some specific questions about her midcareer planning. Here's ...

When To Go (FERS Edition)

April 24, 2009 In last week's column, we explored the issue of whether and when employees under the Civil Service Retirement System should consider retiring. This week, let's look at it from the perspective of those under the Federal Employees Retirement System. FERS has three sources of retirement income: a basic benefit, a ...

Putting It Off

April 17, 2009 Across government and throughout the private sector, people are reconsidering their plans to retire because of the tough economy and an uncertain future. How much will you really gain by postponing your plans to retire? How much difference will it make if you quit and start a second career? The ...

Understanding Social Security

April 10, 2009 It's important for all of us to know how Social Security works, but not too many people find it fascinating enough to spend a Saturday afternoon studying it. Luckily for you, I'm one of those people. Let me see if I can capture your attention with some questions and answers ...