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.

Results 61-70 of 429

10 Things You Probably Don’t Know About Federal Retirement

July 19, 2013 How much do you know about the federal retirement system? Do you think you could pass not only introductory and intermediate courses on retirement, but Retirement 301, too? If so, you’d have to get decent scores on all of the retirement quizzes I’ve offered over the years. Even if you ...

Midcareer Checklist

July 12, 2013 If you're like me, when you plan your summer vacation, you’ll make a list of what you need to do and bring, so you don’t forget anything important. You should treat your retirement the same way. Here’s a midcareer checklist to refer to as you evaluate your retirement goals. Review ...

Benefits and Same-Sex Marriage

July 5, 2013 For many years, I’ve been getting questions from federal employees in same-sex relationships about their ability to list their partners as spouses for survivor benefits and as family members for insurance benefits. I’ve always felt uneasy when I had to let them know this wasn’t possible, even though an opposite ...

How Much Money Do You Need to Retire?

June 28, 2013 For many years, magazines, newspapers and other media have promoted a rule of thumb for retirement planning: To retire comfortably, you must be able to replace 80 percent of your pre-retirement income. Over my years of teaching pre-retirement classes, I’ve observed that many employees are closer to the 80 percent ...

What To Do With Your TSP

June 21, 2013 If you’re like many federal employees, a big question you’ll have at retirement is what to do with the savings you’ve accumulated in your Thrift Savings Plan account. But before you can answer this big question, you must consider several other smaller ones: Are you going to continue to work ...

Phased Retirement: The Bottom Line

June 14, 2013 Last week, we looked at the proposed rules governing the new phased retirement option in government, under which an employee could choose to work part time while receiving a partial retirement benefit. This week, let’s look at how a pair of partial retirement scenarios would play out under the government’s ...

Let The Confusion Begin!

June 7, 2013 The option of a phased retirement -- being partly retired while working part-time -- is closer to becoming a reality in the federal government. This week, the Office of Personnel Management issued proposed rules for allowing employees to work a part-time schedule while beginning to draw federal retirement benefits. The ...

65 and Still Working

May 31, 2013 When it comes to retirement, 65 may be the new 45, at least for some people. With good health and better health care, many of us are feeling good and maintaining an active lifestyle well into our later years. I like to tell people attending my retirement seminars about a ...

Beneficiary Beware

May 24, 2013 You might want to keep this column attached to your TSP-3 beneficiary designation form. My associate Joe Sullender, senior vice president for investments at Wells Fargo Advisors, recently became aware of a potential tax consequence of leaving your Thrift Savings Plan balance to your spouse in a beneficiary participant account. ...

The Great Claims Processing Pileup

May 17, 2013 Last week, the House Subcommittee on Federal Workforce, Postal Service and the Census met to hear testimony on the following question: "Is the Office of Personnel Management Processing Federal Worker Pension Claims on Time?" Last month, I addressed the issue of the retirement backlog in a column. Dozens of people ...