The OPM director uses his weekly updates to detail efforts to replace paper applications, guide employees through the Online ...
Immediate vs. deferred retirement, the three-day rule, and why the last day of the month often makes the most sense.
Retirement planning plays a key role in every federal employee’s financial future. Learning about your options early supports ...
A new rule is going into effect next year that will affect high earners who make “catch-up contributions” in their 401(k)s or ...
Here are five essential points federal employees should keep in mind about the potential effects of a government shutdown on their retirement security.
"With the shutdown, a lot of agencies, a lot of personnel aren't able to process paperwork, to separate those employees," ...
If you don't have at least a three-month emergency fund, then you should stop funding your retirement account and instead prioritize near-term savings. If you lose your job or need money in a pinch ...
According to a report by the Seniorly Resource Center, a huge crisis lurks for many older people. They found that older adults in 41 states and Washington, D.C., will outlive their money, facing an ...
After decades of squirreling away money for retirement, there comes a time when retirees must start withdrawing money from their accounts. Drawing down 401(k), IRA and other assets earmarked for ...
The U.S. Department of Labor has sided with Morgan Stanley in a hotly contested dispute over whether the firm’s deferred compensation program is a bonus—and exempt from Employee Retirement Income ...
This story is sponsored by B.O.S.S. Retirement Solutions. "If you've saved more than $300,000 in a traditional IRA or 401K, congratulations – you've already cleared one of the biggest hurdles that ...