Posted on Friday, 2nd April 2021 by Dennis Damp
I’ve been writing my retirement planning column for close to two decades and during this time received numerous candid queries from friends and subscribers concerning their retirement fears. These concerns often cause federal employees to delay their departure until they resolve the conflict or simply throw the dice and leave. Request a 27 page Federal Retirement […]
Posted in
| Comments (0)Posted on Thursday, 18th March 2021 by Dennis Damp
This tune keeps playing in my head after listening to XM radio’s sixties on six yesterday. A Sonny and Cher hit that topped the charts in 1967! After 54 years the words are still relevant, especially the last stanza. Grandmas sit in chairs and reminisce Boys keep chasing girls to get a kiss The cars […]
Posted in
| Comments (0)Posted on Saturday, 13th March 2021 by Dennis Damp
Major laws are often passed without our representatives actually knowing what’s in them. Recall, the speaker of the house’s comment when Obama Care Passed. She stated, “We have to pass the bill so that you can find out what is in it.” This isn’t a one-sided issue, both parties suffer from this irrational behavior. Most […]
Posted in
| Comments (0)Posted on Saturday, 6th March 2021 by Dennis Damp
Planning for retirement and life in general requires organization and much thought. Long before we retire our significant others require our assistance and this goes both ways. In most relationships, one person takes responsibility for certain aspects of the couple’s life. Whoever pays the bills and manages financial affairs must have clear and concise instructions […]
Posted in
Posted on Sunday, 28th February 2021 by Dennis Damp
I’m often astonished after performing a due diligence update on my family’s state of affairs. You too will find reason to pause after putting pen to paper and discovering where you and your family stand financially. Not only your current status, but what a surviving spouse and heirs will have to live on when the […]
Posted in
Posted on Saturday, 20th February 2021 by Dennis Damp
Mary and I are scheduled for our first COVID 19 vaccinations on March 4th. Our local health care provider set up an online registration process this month and we were able to schedule both shots. We are still apprehensive about the potential side effects considering the rumors circulating online. However, many have already received their […]
Posted in
| Comments (0)Posted on Sunday, 14th February 2021 by Dennis Damp
Michael is a fulltime employee with the National Parks Service (NPS) that is subject to between 2 weeks and 6 months furlough each year. He wanted to know if the time he is furloughed counts towards his FERS service? For instance, if he is furloughed for 6 months would he have one year or 6 […]
Posted in
Posted on Friday, 5th February 2021 by Dennis Damp
The CARES Act allowed us to waive year-2020 required minimum distributions (RMDs) for all TSP participants who would otherwise have been subject to them. This included participants for whom 2020 would have been their first RMD year, even though that distribution would not have been due until April 1, 2021. RMDs have not been waived […]
Posted in
| Comments (0) |
 |
 |
|
||
 |
|
 |
|
||