One of the biggest expenses in your life is federal income tax. Sure, writing the check for the payment on your home is a major milestone, but most people will end up paying far more than that in taxes over the course of a lifetime. And yet, you’re probably not paying as much as you […]
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Who among us couldn’t use a little extra cash? If you’re a federal employee or retiree, you could be eligible for an extra $800 in your pocket this year, and there really are no strings attached. All you need to do is apply, and if you’re eligible, you get paid. Here’s what you need to […]
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While heading to the office each day may feel pretty much the same no matter where you work, there are some big differences in the working lives of federal employees. One of the major things that set careers in public service apart is the retirement system. The Federal Employee Retirement System (FERS) is a major […]
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Medicare is a fantastic benefit that makes it possible for many retirees to enjoy life more fully, thanks to premiums that are far more affordable than market rates on private health insurance plans. Still, Medicare isn’t free, and there are some sneaky extra costs that can blindside you if your income rises above a certain […]
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If you’re a federal employee or member of the armed forces, your retirement options are slightly different than those of your friends and neighbors in the private sector. But just like anyone else, it pays to plan ahead and know the rules when it comes to your retirement. If you’ve invested in a Thrift Savings […]
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This rollercoaster of a year is rapidly drawing to a close, and that means it’s time to adjust your financial plan for 2021. If you haven’t thought about your retirement savings for a while, that’s okay — you’ve probably had a lot of other things on your mind! But before the New Year arrives, you’ll […]
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For the first time in over 15 years the Thrift Savings Plan is coming out with a new lineup. To give you a quick recap the S and I fund were introduced to the TSP in 2001 and our first, now retired, Lifecycle fund L 2010 in 2005. With L 2020 moving into retirement today […]
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Losing a loved one is always difficult, and the death of a parent can be particularly unsettling. Many people describe the loss of their parents as being orphaned: No matter how old you are or how well established in your life, this major loss will lead you to reevaluate your place in the world. In […]
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