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.retirefederal.com and provides individual counseling as well as online training for the National Active and Retired Federal Employees Association, Plan Your Federal Retirement and 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 21-30 of 637

It’s Not Just About the Money

June 21, 2018 What is wellness and what does it have to do with retirement planning? That’s what I wondered when I heard the topic of the For Your Benefit radio program that I was asked to co-host earlier this week. Once I understood the definition, it makes perfect sense. As my dad...

Retirement Facts: A True-False Quiz

June 14, 2018 Over the years, I’ve conducted more than 3,000 retirement planning seminars. That’s a lot of talking. Teaching is very rewarding for me. It doesn’t matter if it’s an auditorium of 500 people or a consultation with one employee, the best part is when you see the “ah-ha” moment of understanding...

Avoiding Tax Pitfalls

June 7, 2018 Will Rogers once said, “The difference between death and taxes is death doesn’t get worse every time Congress meets.” Many people today would probably still agree with this sentiment. The obligation to pay taxes doesn’t end when your federal career ends. Federal retirees generally have to pay federal and sometimes...

The Benefit That Already Can Be Cut

May 31, 2018 If you’re covered under the Federal Employees Retirement System and are potentially eligible to receive the FERS Annuity Supplement, you may have heard that proposals are circulating to eliminate it. But even if that doesn’t happen, you should be aware that the supplement can be reduced or eliminated if you...

The Benefits of Retirement Counseling

May 24, 2018 I recently received an email from an employee that highlights a key issue: the loss of the personal contact that used to be the norm for retirement counseling in most federal agencies. Starting in the 1990s, the consolidation and centralization of retirement services and pre-retirement counseling has become ever more...

Are You Ready to Spend Your Retirement Savings?

May 17, 2018 Have you started to think about how you’re going to use your Thrift Savings Plan investments once you retire from federal service? Are you already retired? If you’re among the many people who have accumulated a small fortune, what are you going to do with it? Many federal employees have...

Change is Coming to Health Plans

May 10, 2018 News about changes to retirement and insurance benefits always gets the attention of employees who are planning to retire as well as those who already have. Sometimes the news is good, sometimes not. There’s already news about the 2018 insurance open season that is causing some buzz, even though open...

TSP Withdrawal Update

May 3, 2018 I’ve been receiving quite a few questions lately about what is happening with implementation of the changes to Thrift Savings Plan withdrawal options as a result of the TSP Modernization Act signed into law last November. The short answer is it’s going to take awhile. According to a fact sheet...

Where Retirement Is Headed

April 26, 2018 When I left federal service in 1988 as a retirement counselor at the FBI, I fully expected that my position would become obsolete within a few years, because it seemed that retirement processing was becoming automated. We were told that in the not-too-distant future, employees would only need to decide...

Where Benefits Are Today

April 19, 2018 In last week’s column, Where Retirement Benefits Came From, we looked at the origins of the retirement system, both nationally and in the federal government. This week, let’s examine how we got to where we are today. Recent history in regard to private sector as well as federal retirement plans...