Posted on Friday, 23rd January 2015 by Dennis Damp

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Please forward this article to everyone in your organization that is planning on retiring over the next five years and tag it for your Facebook and other social media pages. Once you retire you lose access to many online agency and government web sites that hold valuable information that you may need after you leave. […]

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Posted on Monday, 14th July 2014 by Dennis Damp

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Federal employees have valuable knowledge, skills, and training that can be highly beneficial to companies after retirement or that can be used to start your own business. Today many companies recruit active federal employees.  FERS employees are more easily persuaded to change careers because most of their benefits can go with them, unlike CSRS employees […]

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Posted on Saturday, 28th June 2014 by Dennis Damp

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FEGLI Retirement Options Part (1) discussed how to assess your insurance needs and a general discussion of FEGLI options, benefits, and considerations. FEGLI Insurance Options (Part 2) outlined parts A, B and C options to help readers decide on what coverage to carry into retirement and alternatives to Part B multiples. This article, Part (3), […]

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Posted on Thursday, 6th February 2014 by Dennis Damp

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The last series of articles focused on signing up for Medicare at age 65 and FEHB plan impact. Here is another update before moving on to other areas. I use Turbo Tax to complete our income taxes each year. When I was entering data from my wife’s Social Security SSA-1099 Form I discovered that Part […]

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Posted on Saturday, 8th June 2013 by Dennis Damp

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The new phased retirement program will permit those eligible to gradually work their way into full retirement. If they don’t like what they see they can opt out and return to full time, can’t ask for much more than that plus phased retirement will increase your annuity when you do decide to pull the plug. […]

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Posted on Thursday, 30th May 2013 by Dennis Damp

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Retirees and employees alike often need extra income to just get by, pay off debt, or to save for special occasions or a rainy day.  There are many part time job offers that you must be cautious of such as advertisements that offer unrealistic wages and annual incomes with little work involved.  Real opportunities take […]

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Posted on Saturday, 5th January 2013 by Dennis Damp

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There is considerable confusion on what federal employees and retirees can do to convert all or a part of their TSP funds to a TSP ROTH.  There are limitations and unfortunately you can’t convert any of your current TSP funds to a ROTH within the TSP program. There are only 2 ways to get ROTH […]

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Posted on Friday, 7th December 2012 by Dennis Damp

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Yes, there are ways to retire with more than you can imagine!  There are many parts to this puzzle that YOU have control over and those who take responsible actions now will be handsomely rewarded when they decide to retire.  Having more in retirement doesn’t necessarily mean having a larger annuity, although that too is […]

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