Benchmark Financial Group, LLC Blog

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9 Important Financial Planning Steps to Take Right Now
November 22, 2019

Financial planning often revolves around saving for the future, particularly retirement. But anticipating taxes, and strategizing to minimize their impact, is another important component of both short- and long-term planning. Before the end of the year, consider the following steps to potentially reduce your overall federal income tax debt for…

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Should You Wait Until Age 70 To Access Your TSP?
November 18, 2019

Retired federal employees earn the advantage of three forms of retirement income; their pension, Social Security benefits, and distributions from the Thrift Savings Plan offer a form of income security not often enjoyed by other retirees. Still, having more options doesn’t mean you shouldn’t still strategize to your best advantage….

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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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