November Is Long-Term Care Awareness Month
Founded in 2001 by the American Association for Long-Term Care Insurance, the goal of Long-Term Care Awareness Month is to shine a light on...
IRS Raises 2025 Thrift Savings Plan Contribution Limit
Next year, federal employees will be able to contribute more to their Thrift Savings Plan (TSP). On November 1, 2024, the IRS announced the...
Medicare Part B Premiums & Deductions Expected To Increase
Even though the 2025 increases for Medicare Part B coverage have not been officially announced by the CMS, reliable sources have estimated...
What’s Your TSP Withdrawal Strategy?
If you spend more time planning a family vacation than working on a withdrawal strategy for retirement, you’re doing yourself a...
Understanding Taxable Income vs. Earned Income
When it comes to taxes and benefits, it’s essential to understand the difference between taxable income and earned income. Earned income,...
Tips To Help You Save More For Retirement
Did you know that by age 50, you should have about four times your yearly salary in your Thrift Savings Plan (TSP)? If it looks like...
Concerning Trends in Retirement Account Withdrawals
Recent findings by the TransAmerica Center for Retirement Studies show that individuals are withdrawing from their retirement accounts at...
Options For Rolling A TSP Into An IRA
If you’re contemplating rolling your Thrift Savings Plan (TSP) into an Individual Retirement Account (IRA), it’s important to weigh the...
Common Misconceptions About Taxes In Retirement
It may seem logical to assume that dealing with taxes in retirement won’t be that complicated. Your income will be less than when you...