Federal Employee Information Partnership
In the beginning, when an employee builds their qualified retirement account in TSP (and IRA or 401(k) ) required distributions seem a forever away. During the years of your career, a routine of savings and budget can build a nest-egg that, in the end, the distribution, now required at age 72, are not needed, wanted …
THE UNWANTED Required Minimum Distribution (IRA, TSP,401(k) ) Read More »
In planning for retirement, of course, we all want the highest possible retirement income possible. If you are able or willing, here are few suggestions for the long term planning:
The day has arrived, you will be submitting your SF-3107 for retirement. The moment arrived faster than you anticipated, so you rushed through the process. Before you turn it in to HR, look it over and consider the following common mistakes: It is important that you meet a planner knowledgeable with the federal syste,
Many times, throughout the year, an employee has an opportunity to stay on the job, put retirement off for a while to take or apply for promotion. When the promotion is approved, the picture has changed, especially for the retirement. Higher salary which leads to a higher H-3, and a bigger retirement. The most impact …
Achieving retirement readiness is about both financial and mental preparation. It’s important to make sure you have both areas covered before you make the big move. Here are some tips and resources to help you prepare.