fbpx

Posted on Friday, 12th April 2024 by Dennis Damp

Share

Please forward this to others that may find this information helpful. They can sign-up to receive my free Retirement Planning Newsletter Our national debt was $15.5 trillion in 2012 when I first addressed this issue, today it has more than doubled and exceeds $34 trillion! Federal budget deficits will continue this year, according to CNBC, […]

Tags: , , ,
Posted in

| Comments (0)

Posted on Friday, 5th April 2024 by Dennis Damp

Share

Considering today’s high cost of living, it’s no wonder why many retirees are looking for jobs to make ends meet. A visit to your local grocery store brings this home when we walk out with two small bags of groceries for $100. Meat, coffee, and just about everything is simply off the charts. We picked […]

Posted in

| Comments (0)

Posted on Friday, 15th March 2024 by Dennis Damp

Share

I felt liberated from the day-to-day work schedule of the past 40 plus years when I first retired, and I see this excitement in new retirees that I encounter.  Most, with some reservations, feel such a sense of elation when they walk out the door for the last time and realize their new life begins […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Friday, 23rd February 2024 by Dennis Damp

Share

I’ve written hundreds of articles for our newsletters and blogs and updated our Federal Employee’s Retirement Planning Guide frequently over the past 20 years. Even though we update our sites as needed, our blogs, newsletters, and at times our websites are time sensitive. Due to federal regulations, benefits, and financial planning guidance changes, over time, […]

Posted in

| Comments (0)

Posted on Friday, 9th February 2024 by Dennis Damp

Share

Shanaz, one of newsletter subscribers, wrote, “I have been trying to read the ‘Estate Planning Guide’ from the link you have provided in your newsletter. Is it possible for you to email the document so I can read it without distraction from all the ads.” The guide is only available online and I removed the […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Friday, 2nd February 2024 by Dennis Damp

Share

A Federal Employee’s Dilemma Is the grass greener on the other side? Humm, maybe, depending on the circumstances, yes and no!  If you’re referring to Ireland, yes, their grass is literally greener than most. When it comes to a career change proceed with caution, especially when considering federal employment’s exceptional pay and benefits. In my […]

Tags: , , , , ,
Posted in

| Comments (0)

Posted on Friday, 26th January 2024 by Dennis Damp

Share

The Social Security Administration was the first to send out forms again this year.  Our 1099 R Tax Forms typically aren’t available until the end of January to early February by regular mail. Registered users of OPM’s Retirement Services Website can download their Annuity Statement and 1099 R forms now. 1099 Forms I received my […]

Tags: , , , , , ,
Posted in

| Comments (0)

Posted on Friday, 19th January 2024 by Dennis Damp

Share

I was required to take my first RMD at age 70 ½ several years ago before the laws were changed. Under the SECURE 2.0 Act in 2023 the required withdrawal age increased to 73. Several newsletter subscribers asked for an update on TSP annuities, RMDs, and withdrawals in general. Rachel stated, “While the new TSP […]

Tags: , , ,
Posted in

| Comments (0)

Terms Of Use