Retirement Benefits

Don’t Make These TSP Withdrawal Mistakes

Saving enough for retirement is like climbing Mount Everest: Getting to the top is an incredible feat but once you get there, you have to come down. That’s the really dangerous part.

New Bill Would Protect Early Retirement Benefits for Injured Federal First Responders

Currently, federal first responders who transfer to another job at a federal agency due to an injury may no longer retire at 57, despite paying more into the retirement system.

3 Dumb Reasons to Take Social Security at 62

It is critical to make financial decisions based on facts, not fear or misinformation.

The Downside of Investing in the TSP's Lifecycle Funds

Many know they should invest more conservatively as they approach retirement, but investing too conservatively can be dangerous if you don’t want to run out of money.

The G Fund Has Seen Better Days

It’s important to know what the investment can do for you—and what it can’t.

Your Tax Bill Is On Sale, But Probably Not for Long

Federal employees shouldn’t overlook the potential advantages of investing in a Roth TSP or Roth IRA.

Lawmakers Seek to Increase Retiree COLA for Next Year to 3%

Legislation would set the annual increase in Social Security and federal retiree annuities at 3%, rather than the 1.3% increase currently slated for 2021, and would permanently increase adjustments in future years.

The 8 Most Important Birthdays for Feds

Think now about these milestones—it could make a world of difference as you approach your next stage of life.

Retiree COLA Set at 1.3% Next Year, Prompting Calls for Change

Organization calls on Congress to shift the metric upon which annual cost of living adjustments for Social Security and federal retirement benefits are based from the general price of goods to one that takes into account spending by the elderly.

GovExec Daily: What are the Best Dates for Feds to Retire?

Tammy Flanagan joins the podcast to discuss her annual column on the best times for public servants to retire.

Why You Should Strive for Average — With the TSP at Least

When it comes to your retirement investments, “average” can be extraordinary.

Simple Nudge Gets More People to Start Retirement Nest Egg

Motivating people to save for retirement isn't easy, but when it comes to planning, "the simpler, the better," a new study confirms.

It’s Time to Consider Privatizing the Thrift Savings Plan

Index fund investing has become a commoditized business, and the private sector can perform the service just as well or better than the government.

Read This Before You Tap Your TSP to Pay Off Your House

You have a mortgage, but you also have enough money to pay it off. Should you?

TSP Announces CARES Act Loans Now Available

Federal workers and retirees who have been impacted by the coronavirus pandemic may now take advantage of favorable loan terms on their retirement accounts.