Posts Tagged: liteblue

Social Security for FERS Employees, by Todd Carmack I am often asked by clients “When should I start taking my Social Security payments?”. There is no single right answer to that question because everyone designs their retirement differently. This added income can make a difference on when you decide to retire and how much of a benefit you are willing to accept…. Read more »

Older People and Work Do older people work to survive or because they want to stay in the game? I believe the answer is YES to both. In our society we segment people often without giving it much thought. There are older people in the Congress, even in the White House just moments away from the most powerful… Read more »

Thrift Savings Plan (TSP) Withdrawal Options The rules for your Thrift Savings Plan are pretty straightforward while you are working, but they become increasingly more complex as you enter retirement and attempt to access the money that you have saved in your account. You have 5 withdrawal options for your Thrift Savings Plan that you can select from. Option… Read more »

Financial Advisors and the Federal Employee I was recently asked if my trainer of financial advisors and planners interested in the federal workforce differed from training federal workers? Without missing a beat, I said most emphatically “It certainly does.” It is more intense because financial advisors and planners need to know more about the Federal Retirement Systems than the federal… Read more »

Phased Retirement – Has Its Time Come?

The Office of Personnel Management (OPM) has proposed a “Phased Retirement” program. Although implementation has not been announced, it may be valuable to our readers to get a jump start on what Phased Retirement is all about. The Office of Personnel Management realizes the importance of preserving and protecting institutional knowledge. As federal employees leave… Read more »