Tag: Retirement Planning

You’ll Be Thankful You Made These Retirement Decisions

What are you thankful for this holiday season? Family and friends? A few days off work? Perhaps your health? Good fortune in your career? You may have many blessings for which you’re thankful. Many of our blessings and fortunate circumstances are determined by choices we made earlier in life. Your good health may be a […]

Are TSP Distributions Taxable?

Do you contribute to the thrift savings plan (TSP)? It’s one of the most powerful retirement savings vehicles you have available. You receive an automatic 1% agency contribution in the plan, regardless of whether or not you contribute. You can also receive matching contributions on up to the first 5% of your compensation that you […]

How Did the TSP Funds Perform in the First Half of 2019?

Do you participate in the thrift savings plan (TSP)? It’s a powerful savings vehicle for government employees. You can contribute up to $19,000 to the TSP in 2019. That figure increases to $25,000 if you’re 50 or older.1 You can allocate those contributions, plus any matching contributions from your agency, to a variety of funds. […]

Should You Save for Retirement Outside Your TSP?

If you’re like many government employees, your thrift savings plan (TSP) balance is one of your largest retirement assets. The TSP is a valuable retirement resource. It allows you to make pre-tax contributions for your retirement savings. You can allocate the contributions across a range of investment choices and implement an allocation that meets your […]

Is Now the Right Time for You to Retire?

Government Employee Retirements Are Surging. One of the biggest benefits of federal government employment is the ability to retire at a relatively young age. If you’ve had a long career with the federal government, it’s possible that you can retire with a full pension in your late 50s or early 60s. According to recent data, […]

What Can You Expect From the New Tax Law in 2019?

  A new year is here, and with it comes a flood of year-end tax documents like W-2s, 1099s and others. Before you know it, the April 15 tax filing deadline will be upon us, and it will be time to submit your return.It’s always wise to meet with your financial professional at the beginning […]

FERS: What’s the Best Date to Retire in 2019?

Is retirement on your resolution list for 2019? If so, this is probably an exciting time. Perhaps you’re making plans to travel or spend time with family. You may be thinking about all the free time you’ll have available once you wrap up your career in government. Technically, you can retire anytime you want, assuming […]

Why Retirement Planning Should Be on Your Holiday Gift List

The holidays are here again. It’s that time of year to shop for gifts, plan parties and spend time with family and friends. If you’re like most people, you’re busy trying to find the perfect gift for your spouse, children, parents or other loved ones. But have you considered a gift for yourself? It may […]

Should You Look for a New Financial Professional?

Do you have a relationship with a financial professional? Are you thinking about making a change? There are so many financial professionals, offering a range of different styles and services, that it can be hard to know which one is right for you. It’s important that you work with the right professional for your needs […]

Why You May Not Be Able to Work Forever

  Behind on your retirement planning? You’re not alone. A recent study from Gallup found that more than half of Americans worry that they won’t have enough money in retirement.1 For many of those concerned workers, the solution seems obvious. They’ll simply work longer, or they’ll work part time in retirement. A Bankrate study found […]