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....
For many, the prospect of retirement conjures a mix of anticipation and uncertainty. A prevailing reason behind the lack of retirement planning stems from a fundamental...
For years, the 80% rule has served as a cornerstone in retirement planning, dictating that you’ll require 80% of your pre-retirement income to sustain your lifestyle...
When preparing for federal retirement, overlooking the accuracy of your Official Personnel Folder (OPF) until the eleventh hour can prove to be a critical error. The...
As your FERS retirement date approaches, it’s crucial to grasp how your account is managed once the TSP receives notification of your separation from service. From...
As individuals approach the culmination of their federal careers, the emphasis often shifts towards maximizing savings within their Thrift Savings Plan (TSP). However, alongside this focus,...
Embarking on the journey of retirement often comes with apprehension, particularly for federal retirees who fear the prospect of exhausting their savings prematurely. However, by employing...
Making informed decisions is key as you approach retirement under FERS. Here are the five major decisions you’ll need to tackle: 1. When to Retire Your...
While non-spouses may not be eligible for the FERS survivor benefit, there exists an alternative solution for those with financial dependents – the Insurable Interest Survivor...