Posted on Saturday, 25th August 2012 by Dennis Damp

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If you are considering a TSP withdrawal be aware of the potential for a 10% penalty. You can always withdraw funds from the TSP after you leave federal service, however to avoid the 10% tax penalty, you must meet one of these exceptions:   Additional 10% Penalty Tax If you receive a TSP distribution before […]

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Posted on Saturday, 18th August 2012 by Dennis Damp

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Did you know that you can retire on any day you choose?  There are many articles online to help you select the best day to retire but when selecting that perfect date, don’t forget that retirements are always effective at the end of a scheduled day. For example, Janet’s normal work schedule is Monday-Friday from […]

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Posted on Thursday, 9th August 2012 by Paul Risser

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Little things to keep in mind for life after work. Presented by Paul H. Risser Decades ago, there was a popular book entitled What They Don’t Teach You at Harvard Business School. Perhaps someday, another book will appear to discuss certain aspects of the retirement experience that go unrecognized – the “fine print”, if you […]

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Posted on Monday, 6th August 2012 by Dennis Damp

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Many federal employees had some part time work experience during their careers.  Part-time employees receive full-time credit for retirement eligibility (years of service), but the impact on the annuity can be significant. To determine how your part time service will affect your annuity you have to understand the differences between pre and post April 7, […]

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