How TSP RMDs & Rollovers Work At Age 73
Why does the IRS want you to take Required Minimum Distributions (RMDs) from your traditional Thrift Savings Plan (TSP) at age 73? The...
At Age 65, Federal Law Requires You To Make A Decision About Medicare
Did you know that federal law requires FERS participants to make a decision about enrolling in Medicare when you turn age 65? On one hand,...
Understanding The Lump Sum Payment For Accrued Annual Leave
Have you ever wondered why so many federal workers pick a retirement date toward the end of the calendar year? The logic is simple —...
How To Determine Tax-Friendly States For Federal Retirees
As you know, your FERS annuity, Social Security and traditional Thrift Savings Plan (TSP) distributions are all subject to federal income...
Understanding Retirement Planning & How It Works
One of the top reasons why people don’t plan for retirement is that they don’t really understand what it entails or how it works. Add...
Do You Really Need 80% Of Your Income To Retire?
A common rule of thumb for retirement planning is that you’ll need 80% of your pre-retirement income to cover your expenses. Though this...
Social Security: What Does Normal Retirement Age Mean?
If you’re like many federal workers, you may not have a full understanding of your Normal Retirement Age (NRA) under Social Security...
The Importance Of Your Official Personnel Folder (OPF)
One of the biggest mistakes you can make when applying for your federal retirement is waiting until the last minute to check the accuracy...
What Happens When The TSP Is Notified Of Your Retirement
As your FERS retirement date grows near, it’s important to understand how your account is handled once the TSP receives notice of your...
5-Year Countdown To Your FERS Retirement
If you plan on retiring five years from now it’s time ask yourself some questions. Can you meet the age and service requirements for an...
