Articles
Roth TSP vs Traditional TSP: A Guide for Federal Employees
The Thrift Savings Plan (TSP) is a type of retirement investment plan for federal employees and members of the uniformed services. Over 6 million people
FERS Retirement Pension Calculator
The FERS basic benefit is a retirement source that benefits federal government employees. FERS (Federal Employees Retirement System) covers employees working in federal government branches
7 Factors to Consider When Using Thrift Savings Plan Calculators
Since its founding in 1986, the federal Thrift Savings Plan (or TSP) has helped millions of federal employees invest and save for retirement. And if you’re
Federal Employee Pay Raises vs. Retiree COLAs: What’s the Difference?
Understanding how your pay increases work in a seemingly constant, turbulent, economy with political changes and machinations added to the mix is critical. If you’re
What to Know About the 2022–2023 GS Pay Scale for Federal Employees
There are almost 2 million federal employees in the United States. Are you a federal employee? Do you have questions about your GS pay grade? Many federal
How is FERS Retirement Taxed?
Over two million people work for the United States federal government. If you’re in this group, you might wonder about the taxation of your retirement savings.
Which States Don’t Tax Federal Retirement Income?
There are typically three main types of taxes you will be subject to: income tax, sales tax, and property tax. All of these taxes will
The Different Advantages of a TSP over an IRA
The Thrift Savings Plan (TSP) is a contribution plan for U.S. civil service employees, retirees, and uniformed services members. They are put in place so
Understanding the Key Benefits Under FERS
From army veterans to postal workers, federal employees who’ve been working tirelessly are able to enjoy their pension under the Federal Employees Retirement System (FERS).
Our Guide to Social Security and Its Importance in Retirement
No matter where you’re employed, Social Security is a crucial part of your retirement income equation, especially when you’re a federal employee. It is one
The Key Changes in Social Security Taxes and Benefits for 2021
When it comes to your financial well-being during your life after retirement, Social Security is crucial. Not every retiree may heavily rely on their monthly
Debunking Common Myths about Federal Retirement Benefits
Many people doubt their decisions, especially when they hear some myths and misconceptions about what they are planning to do. Just like all the other
5 Biggest Mistakes People Make With Beneficiary Designations
Many people assume that a will dictates the recipients of their assets after they expire. However, your assets are transferred through a beneficiary designation, which
3 Things You Should Do to Maximize Your Thrift Savings Plan
The Thrift Savings Plan (TSP) is a way for federal employees to secure their financial security after retirement. Your participation in a TSP means saving
What to Know About Retiring Early as a Federal Employee
If you’re a civilian employee working for the Federal Government, you’re most likely familiar with the Federal Employees Retirement System (FERS). Ever since 1987, people’s
A Secured Future with Government Retirement Benefits
Job security and retirement are some federal government benefits. Employees can receive coverage from their start date at work until their retirement days. While there
A Brief Overview on FERS and CSRS Retirement Systems
It’s a growing reality for many millennials that their retirement years will soon be in front of them. This is why it’s necessary to make
Essential Kinds of Insurance Explained [And Why You Need It]
Most people have this notion about insurance as a liability. Some believe that it’s just an expense for a small amount of income. However, insurance
Does the FERS Have a Minimum Age for Retirement?
It’s possible for a federal employee to retire before the age of 65, and many employees choose to retire young. However, the Federal Employees Retirement
Factors to Consider When Retiring From Federal Service
It’s easier to hustle and focus on building a successful federal career as a servant leader in the government, but most forget to prepare for
A Quick Guide to Pension Plans—What to Know
Employees and professional workers looking for a way to help them save up for their retirement could look into getting a pension from the company
2 Common Ways Government Employees Can Successfully Retire
As a government employee, mainstream retirement plans aren’t something you will want to pay much attention to. These plans may work for the general population,
5 Things to Consider When Retiring from Federal Service
Every person will come to a point where they need to retire from their work and their career. If you happen to be a federal
