fbpx

2017 is a Wrap – Good News For 2018

Posted on Friday, 29th December 2017 by Dennis Damp

Share

Lots of good news for federal employees and annuitants alike this year. First off, there were no major changes to our benefits even though many services wrote volumes about proposals that never materialized. I seldom cover these proposals because the majority of members in both parties currently don’t support them. That being said entitlements and […]

Posted in

| Comments (0)

Where Are You Now! Looking At The Numbers….

Posted on Monday, 18th December 2017 by Dennis Damp

Share

No matter where you are at in your life; just starting out, mid career or retired, knowing where you stand financially helps you weather the storms that may be ahead. Do you have the resources to not only make ends meet today but to have the freedom in retirement to expand your horizons and do […]

Posted in

| Comments (0)

The TSP Modernization Act Becomes Law

Posted on Saturday, 18th November 2017 by Dennis Damp

Share

The TSP Modernization Act (H.R. 3031) was signed by the President November 17, 2017.  This update, one of the first since the TSP was established, provides users with additional options to manage their invested funds, including the ability to make multiple post-separation partial withdrawals and to make multiple in-service age-based withdrawals once the participant has […]

Posted in

| Comments (0)

TSP Investor Alert and the Equifax Data Breach

Posted on Monday, 18th September 2017 by Dennis Damp

Share

The SEC’s Office of Investor Education and Advocacy (OIEA) and Broker-Dealer Task Force issued an investor alert this summer warning the more than 5 million Thrift Savings Plan (TSP) participants, and investors in other federal government employee retirement plans, that investment scam artists may pretend to be affiliated with a government agency. Legitimate companies will […]

Posted in

| Comments (0)

2017 FEHB Open Season, Retiree Jobs Update, and what’s Coming Next

Posted on Saturday, 19th August 2017 by Dennis Damp

Share

The 2017 FEHB open season will run from November 13 through December 11, 2017.  Each year Open Season runs from the Monday of the second full workweek in November through the Monday of the second full workweek in December. Health care services providers are required to submit benefit and rate proposals for the contract term […]

Posted in

| Comments (0)

2018 COLA, FEHB Suspension, and Jobs Updates

Posted on Wednesday, 19th July 2017 by Dennis Damp

Share

The 2018 COLA increase is projected to be approximately 2.1%.  The Senior Citizen’s League’s June 2017 report, “Based on consumer price index (CPI) data through April of 2017, TSCL estimates that the COLA for 2018 may be 2.1 percent — significantly higher than in recent years, which has averaged only 1% since 2012. This estimate […]

Posted in

| Comments (0)

Ready for Retirement?

Posted on Tuesday, 11th July 2017 by Donna Day

Share

How to determine if you are ready for retirement …there are many areas to consider and explore. First and foremost, can you afford it? Also, what about healthcare and what do you plan to do with your time? These are a few questions along with a host of others that will be discussed within this article […]

Posted in

| Comments (0)

FERS & CSRS Retirements – Looking in the Rear View Mirror

Posted on Thursday, 6th July 2017 by Dennis Damp

Share

It’s hard to believe that only 2% of the active workforce is CSRS retirement eligible! When I was hired in the early 1970s all were CSRS eligible. A sea change from those days. Now FERS will soon be the only game in town and we don’t know what changes will come down the road for […]

Posted in

| Comments (0)

Terms Of Use