Benchmark Financial Group, LLC Blog

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The Top Ten Daily Money Wasters to Avoid
November 11, 2019

We all know that stashing every bit of money possible is one of the smartest ways to plan for a more stable retirement. But, of course, you can’t stash what you don’t have! If you’re short on funds to devote to retirement savings, it could be because you’re losing money…

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The Upcoming Cost of Living Adjustment for Federal Retirees
November 4, 2019

Each fall, we look forward to the announcement of a cost of living adjustment (COLA) for Social Security beneficiaries for two reasons: First, it’s a good idea to stay informed about issues that affect retirees. And second, the COLA calculation for Social Security is also used to determine the raise…

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Should You Roll Over Your TSP When You Reach Retirement?
October 21, 2019

Thrift Savings Plans allow for a tax-friendly, flexible means to save for retirement during your service as a federal employee. For the most part, many retirees also enjoy their TSP options after retirement as well. But because some do choose to roll over those funds into another type of account,…

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How the TSP Modernization Act Might Affect You
October 14, 2019

With more than $550 billion collectively stashed in Thrift Savings Plans, federal employees clearly enjoy this important retirement benefit. The fund is structured similarly to 401(k) accounts offered by many private sector employees, and features investment options with a low fee structure. But still, there is always room for improvement….

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