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A New Reality

Posted on Saturday, 25th April 2020 by Dennis Damp

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The Covid19 pandemic shutdown may truly be worse than the disease itself. Tens of millions have been forced on unemployment and many small businesses may never recover. Companies selectively deemed essential like Walmart, Amazon, Target, Home Depot, Lowes and others are doing great while their smaller competitors are being forced out of business. This virus […]

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Checks Are on the Way – CARES Act Summary

Posted on Friday, 17th April 2020 by Dennis Damp

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The Coronavirus Aid, Relief, and Economic Security (CARES) Act is providing support for those most impacted by the pandemic. Congress passed the Act last month and one of the key provisions is providing for Economic Impact Payments to American households. Payment of up to $1,200 per adult for individuals whose income was less than $99,000 […]

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Avoid Retirement Processing Delays (Update)

Posted on Friday, 10th April 2020 by Dennis Damp

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UPDATED 9/1/2024 OPM, as of May 2024, has an inventory of just over 14,000 claims to process. They received 6,751 claims in May and processed 8,793. There is a backlog of 15,797 applications waiting to be processed as of jULY 2024. It is now taking an average of 60 days to process retirement applications. Of […]

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Keeping Up to Keep Up – The Saga Continues

Posted on Friday, 3rd April 2020 by Dennis Damp

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The administration is considering new options to combat the Coronavirus including the wearing of facemasks for the general population when they go out and about. The CDC may soon recommend that everyone wear face coverings in public settings when they go to a pharmacy, grocery or other public places.  Essentially, they are concerned that those […]

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Federal Retirees Needed to Provide COVID 19 Pandemic Support

Posted on Sunday, 29th March 2020 by Dennis Damp

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Federal retirees are generally able to reapply for federal jobs under the rehired annuitant program. The government is fast tracking dual compensation waivers that will allow reemployed retirees, with critical skills needed to fight this pandemic, to return to work without impacting their annuity. Request a Personalized “Federal Retirement Report” Today  In light of the […]

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Hunkered Down for the Duration – A Retiree’s Perspective

Posted on Tuesday, 24th March 2020 by Dennis Damp

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Everyone young and old is dealing with this crisis as best they can. The majority reading this column are either retired or planning their retirement and of the older generation. The ones most susceptible to the Coronavirus.  Like the rest of the country that isn’t providing essential services, my wife and I are at home […]

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The Investment Dilemma – Walk, Don’t Run to the Exit

Posted on Monday, 16th March 2020 by Dennis Damp

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I’ve written many articles over the years, during good and bad times, focusing on preservation of capital for retirees and those close to retirement. A common sense approach to investing that protects the assets you accumulated during your career. Request Your Personalized Federal Retirement Report™ Today The recent stock market crash, due to the Coronavirus […]

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The Sky is Falling! The Coronavirus – What to Do.

Posted on Sunday, 15th March 2020 by Dennis Damp

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The Coronavirus is now center stage and deservingly so. This invisible antagonist has upended our world for the near term: schools and businesses closing, event cancelations – including literally all sporting events, the stock market on retreat, social distancing, and empty shelves at local stores. Request Your Personalized Federal Retirement Report™ Today Thankfully, we finally […]

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