One thing has become abundantly clear to me in over six years of helping federal employees look forward to retirement: you cannot plan for retirement successfully if you don’t know and understand all of your options.
A recent examination conducted by the Urban Institute has revealed that the defined benefit retirement programs have gained popularity when compared to the private sector plans. The investments made by federal employees in the federal retirement benefits have also increased.
If you’re someone who may need to rely on Social Security for your future retirement income, you may want to consider alternative saving methods.
Faced with tight budgets and competition from the lucrative and perk-heavy private sector, government leaders are seeking new ways to engage with the mobile and social generation that is Millennials. Government agencies should explore three key strategies for attracting, retaining and developing the next generation of government talent.
President Obama has always been one for focusing on federal retirement savings and recent news arriving from the White House indicate that the President will focus on the same matter in the coming budget as well. It’s expected that some new proposals will be put forward that will aid in the expansion of the access to retirement savings accountsRead… Read more »
The Mondays are usually hard enough as is. As the first day after a weekend, we tend to have a giant list of to-dos and not enough time on a Monday to do them. We decided to help compile a few noteworthy posts to make your life easier. Today’s DorobekINSIDER program will be your need-to-knowRead… Read more »
2016 promises to be a year during which state and federal income taxes are not going to stay constant. If you are planning to retire during this year, then there are some tax traps for you to avoid.
This is an overview of deferred retirement annuity versus a postponed retirement annuity. by Gary Fouts
What fraction of your paycheck goes to you TSP? 23% say that they do not know. 41% of respondents do not know the maximum their employer will match.
We’ve all thrown money away on outlandish purchases. As a freshman in college, I was a student worker earning minimum wage. Naturally, I thought spending a cool $500 on skateboarding sneakers was reasonable. I did not skate, mind you, but that’s beside the point. My supervisor at the time, perhaps sensing a perilous financial future,Read… Read more »