Federal Employee Information Partnership
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,
Common Problems When Applying for Retirement Read More »
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
Promotions and Retirement Read More »
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.
Achieving Retirement, needs a sharp pencil and calculator: Read More »
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
TAKE CONTROL OF YOUR TSP Read More »
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,
MAKING YOUR RETIREMENT DECISIONS Read More »
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
This TSP Fund That TSP Fund, How to Decide? Read More »
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
The TSP ROTH Conversion Read More »
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
RETIREMENT: How Will I know I have Enough Saved? Read More »
The income earners and consumers are in trouble. Although some are getting raises from Social Security, federal and state employee COLA, union contracts being re-committed, it is not enough to keep up. Higher salaries mean higher cost to companies and manufacturers, thereby increasing the rate of inflation; are chasing our tail. Bigger brains than me,
The Economy: An Opinion. Read More »
When planning your federal retirement, we want to take care of those dependent on us, in the event we die. A spouse is eligible for a FERS benefit of 25% or 50% of the Unreduced FERS retirement annuity. But what is the deal when the survivor is not a spouse, but a child, be it
When Your Survivor Is Not Your Spouse Read More »