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Federal Employee Articles

The Fed Raised Rates: What Does that Mean for You?
April 15, 2018

As you might have heard, the Federal Reserve announced last month that they are increasing the benchmark federal funds rate. The announcement was delivered along with a statement, reflecting an improving job market, low unemployment, and strengthening economy in general. The rate hike translates to a 1.5 to 1.75 percent…

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What If You Want to Retire Early?
April 9, 2018

Throughout the country, most people expect that they will retire at some point in their sixties. This makes sense, because most of us need to work for several decades in order to save up enough money to retire. We aren’t eligible for early Social Security benefits until age 62, either,…

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Will Your Social Security Benefits be Taxed?
April 2, 2018

Federal employees enjoy a retirement system that differs somewhat from the norm within the private sector. Whether you’re a new federal employee or a long-time public servant, you know that the FERS system encompasses three forms of retirement income for the future: Your annuity payments, withdrawals from your Thrift Savings…

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Don’t Panic: Stay Calm and Keep Planning for Retirement
March 25, 2018

Lately, despite evidence of improving economic conditions, the stock market has taken us all on a wild ride. It’s important to remember that the stock market does not always react, with perfect correlation, to the state of the economy in general. Market corrections are normal. But it can feel alarming…

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7 Signs You’re Ready to Retire
March 19, 2018

You’ve been dreaming of retirement for years now, but maybe you’re feeling the urge much more strongly as of late. Or, maybe you’re worried that you’ll never be ready to retire, and you don’t know in which direction to head. This list is by no means a comprehensive list of…

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How Are FERS Benefits Funded?
March 12, 2018

Way back in 1920, the first version of a retirement system for federal employees was created. That was called the Civil Service Retirement System, and as we know, a new system was formed to replace it back in 1986. Some federal employees opted to stay with the CSRS system, but…

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What Did People Do, Before Social Security?
March 6, 2018

For many of us, it’s hard to imagine life before the invention of Social Security in 1935. Federal employees, like you, did have a retirement system in place beginning way back in 1920. Once the the FERS system was introduced in 1986, federal employee retirement plans included a greater measure…

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New Budget Brings Changes for Federal Employees
February 26, 2018

According to official reports, the much-awaited federal budget will be delivered any day now. It probably won’t surprise you to learn that the new spending plan will affect employees of the federal government, so let’s break down the most important items mentioned by a report from The Heritage Foundation. Federal…

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Can Your TSP Help You Become a Millionaire?
February 21, 2018

For decades, many people have set a benchmark of a cool one million dollars as their retirement savings goal. Whether or not that amount will continue to provide enough income for retirement is another matter for another day… But to this day, the allure of becoming a millionaire persists. And…

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Are You Making This Mistake With Your TSP?
January 22, 2018

Does your agency offer any form of matching funds for the contributions you make to your Thrift Savings Plan? If so, you know that you could be (and hopefully are) taking advantage of what is essentially free money for retirement. You would be in good company, as 77.6 percent of…

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