Posted on Friday, 1st February 2013 by Paul Risser
Save a little more for retirement. Presented by Paul H. Risser Time to boost your IRA balance. In 2013, you can contribute up to $5,500 to your Roth or traditional IRA. If you will be 50 or older by the end of 2013, your contribution limit is actually $6,500 this year thanks to the IRS’s […]
Posted in
| Comments (0)Posted on Saturday, 5th January 2013 by Dennis Damp
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 […]
Tags: FERS Retirement, Retirement Planning, ROTH TSP, THRIFT Plan
Posted in
Posted on Wednesday, 14th November 2012 by Dennis Damp
It’s that time of year again and we all know that our health care premiums, in most cases, will be going up. The (FEHB) Program premiums will increase by 3.4 percent in 2013, which is lower than last year’s increase of 3.8 percent. The average premium increase for the Federal Employees Dental and Vision Insurance […]
Posted in
Posted on Thursday, 25th October 2012 by Dennis Damp
Retirees are getting hit from all directions with hidden taxes, reduced purchasing power, increased healthcare, gas, food, and necessity costs. The size of our annuities, savings accounts and investments are shrinking due to a dramatically increased money supply when we truly need them to maintain our standard of living. Retirees often depend on interest from […]
Posted in
Posted on Sunday, 21st October 2012 by Dennis Damp
OPM revised and updated several FERS and CSRS retirement application forms in 2012. Before submitting your application check your form’s date to ensure you have the updated version. (Forward this email to others in your organization to give them a heads up about this.) You can download the updated forms online at http://federalretirement.net/retireforms.htm. The forms […]
Posted in
| Comments (0)Posted on Friday, 28th September 2012 by Dennis Damp
Recently, the Congressional Budget Office has suggested that a 1.3 percent cost-of-living adjustment is pending for Dec. 1 that includes military, civilian, retired pay, and Social Security recipients. There was talk of an increase of as high as 1.9%. We will see the increase in our January annuity check. Today, 1.3% doesn’t look that bad […]
Posted in
Posted on Friday, 21st September 2012 by Dennis Damp
Social Security resumed mailing annual statements to all who are 60 or older and I received mine several months ago. They also started sending a statement to workers when they first turn 25 to give them an idea of what their retirement benefits will be down the road. For all of those in between you […]
Posted in
| Comments (0)Posted on Saturday, 15th September 2012 by Dennis Damp
Updated 12/15/2024 Most fantasize about retirement while working. I recall telling my wife when I was in my mid 20s that I wanted to stay with federal service because I could retire at age 55, which I did by the way. However, we live in the real world and retirement is a HUGE decision that […]
Posted in
| Comments (0) |
 |
 |
|
||
 |
|
 |
|
||