What Does Wall Street Expect in 2023
Recession in 2023? It is being anticipated by most financial experts.
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Federal Government has Suspended Federal Employee Long-Term Care Insurance
The federal government has suspended for at least two years, the purchase of federal employee LTCIP ( Federal Long Term Care Insurance Program ). Industry experts question whether the program ever will return in its current form. The insurance company issuing th4ese policies has warned the federal Office of Personnel Management (OPM) that current premiums are
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TAKE CONTROL OF YOUR TSP
If you’re going to use the individual TSP funds to build your portfolio, you’ll want to rebalance periodically. Rebalancing is the process of bringing your portfolio back into line with the overall allocation you want to maintain based on the level of return and risk you’re targeting. The longer one has until retirement, the more
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MAKING YOUR RETIREMENT DECISIONS
I’ll admit, it is not an easy making one of life’s major decisions, that being retirement, when, what strategies, what have you not thought about, who to listen to and who not to listen to? Your life, as a federal employee was highly structured, manuals, pamphlets and supervisors made clear, or should have made clear,
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This TSP Fund That TSP Fund, How to Decide?
If we know a fund will decline, we are likely to move to a fund which is not losing. Right? This makes sense, but what is confusing to many is the timing of the move to a different funds. The advice most headed is put it away and forget it. This may not be a
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Federal Long-Term Care Insurance Program (FLTCIP):
SUSPENDED The Office of Personnel Management (OPM) announced last week it will be suspending applications for coverage under in the Federal Long-Term Care Insurance Program (FLTCIP). The deadline to apply for the program before a two-year suspension is Dec. 19, but officials want applicants to go in with “eyes wide open” that rates will likely
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The TSP ROTH Conversion
Understanding the Regulations: First, understand if you are looking to convert your Traditional TSP into a ROTH, regulations say you cannot do so and remain in the TSP. TSP says that is a No No. If you do want to convert, then you must transfer your traditional TSP out of the TSP program. Next, you
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RETIREMENT: How Will I know I have Enough Saved?
Q: “I am a decade away from my retirement, how will I know I will have enough income to retire?” A: First, you are wise to look this far ahead, so you are not caught short and not be able to recover: First, keep good records, so any change in your employment, pay or benefits
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The BENEFICIARY
What are the most important parts of planning for your retirement? Planning for the survivor and family when you die. You will notice, I said ‘When’ because we all are, so it is best to make plans early, we never know when that last day will come. We all know someone old, very old, maybe
I WANT TO RETIRE EARLY?
“When can I retire with no penalties?” We receive this question many times each week. First, let’s look at when you earn a full retirement: • MRA with 30 years of service. • Age 60 with 20 years of service. • Age 62 with 5 years of service. Have you noticed, I did not say
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