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Posted on Saturday, 17th March 2018 by Dennis Damp

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“Retirement is wonderful if you have two essentials — much to live on and much to live for.” The author for this quote is unknown but whomever made this observation was certainly an astute observer of the human condition. Most retire with much to live for; watching their children mature and become successful responsible adults, […]

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Posted on Saturday, 10th March 2018 by Dennis Damp

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I frequently listen to XM radio’s sixties on channel 6 while I’m out and about. Last week, on my way to my cardiologist’s office, they played The Beat Goes On by Sonny and Cher. I visualized Sonny and Cher on stage singing, “Drums keep pounding a rhythm to the brain La de da de de, […]

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Posted on Tuesday, 27th February 2018 by Dennis Damp

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I receive many questions from site visitors concerning OPM’s Retiree Services Online (SOL). Their site allows users to view their annuity statements, change allotments, download their 1099R tax form, set federal and state tax withholdings, and much more. To register for the first time you must first call OPM and request a temporary password that […]

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Posted on Tuesday, 13th February 2018 by Dennis Damp

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What a ride the market has taken us on since my last article that talked about ways to preserve your retirement account balances during downturns. The DOW reached a high of 26,616 and the S&P 2,872 before this latest 10% downward draft. A 10% correction is considered a normal event during a bull market and […]

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Posted on Thursday, 25th January 2018 by Dennis Damp

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The TSP Rebalancing Act If you have been in the market these past ten years, including your TSP and other retirement accounts, your allocations are probably off considerably from where you initially set them. Many rebalance their stock and bond portfolios at least annually however it is easy to forgo this essential step with all […]

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Posted on Thursday, 18th January 2018 by Dennis Damp

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1099Rs Available Now! Normally, federal annuitants don’t received their 1099R Tax Forms until the end of January or the beginning of February by regular mail. If you are registered to use OPM’s Retirement Services Website your 1099 R is now available for download. I visited the site on January 16, 2016 and was able to […]

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Posted on Saturday, 13th January 2018 by Dennis Damp

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We published the new 2018 Excel Leave Chart back in late October. Since then a number of our site visitors were only able to open the Excel chart in protected mode and couldn’t enter data. If your spreadsheet opens in protected view click the “enable editing” button in the yellow bar at the top of […]

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Posted on Monday, 8th January 2018 by Dennis Damp

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In January of 2017 the full retirement age (FRA) started increasing to age 67 in two-month increments over the next six years. When I refer to 66 as full retirement age in this article be aware that your FRA will be up to a year later depending on when you turn 62. OK…, you are […]

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