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 41-50 of 637

Preparing to Live a Long, Healthy Life

February 1, 2018 On Jan. 24, the Senate Special Committee on Aging held a hearing titled Turning 65: Navigating Critical Decisions to Age Well, which highlighted strategies to empower members of the baby boom generation as they move into older adulthood. The committee’s chair, Sen. Susan Collins, R-Maine, opened the hearing with a...

Tax Assessments

January 25, 2018 Last week, we started looking at tax implications in the retirement planning process, which are complicated this year by recent changes in tax law. This week, let’s continue exploring tax issues, with some specific considerations for federal employees—and a few tips. First, on withholding. When a federal employee files a...

Tax Planning in a Time of Change

January 18, 2018 With the holidays out of the way, it’s time to look out for those W-2 and 1099 forms and think about filing your annual tax return. The transition to retirement has significant tax implications, so tax planning is a big part of retirement planning. In addition, there has been a...

The Index: 2018 Edition

January 11, 2018 Every year at this time, I update my annual index of links to previous columns on important topics in the federal retirement process. I’ve added new columns from 2017 to the top of the list in each subject area below. I’ve also deleted links to some older columns that are...

The Most Common Question About Federal Retirement

January 4, 2018 For the first column of the new year I thought I would go back through my emails and find the most common question from 2017. Since many of the employees and retirees who send me emails are either retiring soon or have already retired, it is not surprising that the...

Developing a TSP Withdrawal Plan

December 21, 2017 We’re in the midst of the end-of-year retirement season for federal workers who are ready to make the big transition from employee to annuitant. In January 2017, the Office of Personnel Management received more than 15,000 new retirement claims for employees who filed at the end of 2016. The numbers...

5 Things to Remember Before You Tap Into Your TSP

December 14, 2017 So you’ve accumulated a handsome sum in your Thrift Savings Plan account and are close to being eligible to retire under the Federal Employees Retirement System. Congratulations! Have you considered how you will draw down the balance of your retirement savings? Because you will soon have more options, due to...

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...