Under FERS, federal employees have many unique retirement options, so it’s important to know the facts to determine which best fits your situation. One large source...
Planning your retirement as a federal employee comes with its own unique considerations. Unfortunately, many resources are focused on private-sector workers who don’t have the benefit...
If you haven’t been contributing to a 529 plan or a prepaid tuition program to save for your child’s college education, you might be considering tapping...
Many retirees assume they will fall into a lower tax bracket upon retirement, but this assumption can often lead to unexpected tax liabilities. Consider Your Future...
With the looming possibility of Congress not extending the Trump Tax Cuts (TCJA) for individual taxpayers, those nearing retirement or already retired might find themselves facing...
From market fluctuations to unexpected spikes in inflation rates and uncovered healthcare costs, the road to retirement can be fraught with financial uncertainties. Facing a trifecta...
Retirement is the phase of life we eagerly anticipate, a time for relaxation and enjoying the fruits of our labor. However, ensuring financial stability throughout retirement...
When does the journey towards retirement truly commence? The IRS’s provision for Catch-Up Contributions to your TSP at age 50 marks a pivotal milestone in your...
As you transition into retirement, it becomes crucial to grasp the extent to which federal income taxes are withheld from your TSP distributions. Failing to do...
Why does the IRS mandate Required Minimum Distributions (RMDs) from your traditional Thrift Savings Plan (TSP) once you hit 73? Simply put, it’s all about taxes....