If You Plan To Age In Place, Consider Buying Long-Term Care Insurance
According to a 2021 AARP Home and Community Preferences Survey, 77% of adults age 50 and older want to remain in their homes as long as...
Should You Take The Standard Deduction Or Itemize When Filing Your Taxes?
With two options for taking deductions on your tax return, it’s important to understand the facts. A majority of taxpayers opt for the...
5 Things You Need To Know About Medicare Before You Turn 65
As discussed in a recent article, under federal law you’re required to make a decision about enrolling in Medicare when you turn 65....
Estate Planning: The Importance Of Preparing A Power Of Attorney
During the COVID-19 pandemic, it became clear that anyone can become incapacitated at any time for unforeseen reasons. In fact, research...
Managing Your Money In Retirement
The best way to ensure against outliving your TSP nest egg is to make an effort to manage your spending in retirement. Current studies show...
5 Lesser-Known Facts About Social Security
1. Mistakes In Your Earnings Record Can Reduce Your Benefit Far too many working Americans fail to regularly check the accuracy of their...
Start Living On Your Retirement Income While You’re Working
The best way to discover if you can afford to retire is to start living on your retirement income while you’re still working. When you...
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...
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...
