by cbobo | Feb 3, 2024 | FERS, Pension, Social Security
FERS options at retirement The Federal Employees Retirement System (FERS) is a comprehensive retirement plan for federal civilian employees that incorporates three main components: the Basic Benefit Plan, Social Security, and the Thrift Savings Plan (TSP). The Basic...
by cbobo | Feb 1, 2024 | Pension, Retirement Book, TSP Investing
Contributions and matching builds Federal employees planning for retirement with the Thrift Savings Plan (TSP) must carefully consider several key factors to ensure a secure and comfortable post-career life. Firstly, understanding TSP investment options is crucial....
by cbobo | Oct 21, 2023 | Pension, Thrift Savings Plan
Retirement differences are fairly dramatic Federal retirement and private retirement differ in several key aspects, primarily due to their distinct structures, funding mechanisms, and benefits. Here’s a concise comparison: Source of Funding: Federal Retirement:...
by cbobo | Oct 21, 2023 | Annuities, Pension, TSP Investing
Annuities offer stability during inflation Annuities can be beneficial during periods of inflation for several reasons. Inflation erodes the purchasing power of money over time, and annuities offer certain features that can help investors mitigate the negative effects...
by cbobo | Oct 21, 2023 | Pension, Thrift Savings Plan
Retirement differences are fairly dramatic Federal retirement and private retirement differ in several key aspects, primarily due to their distinct structures, funding mechanisms, and benefits. Here’s a concise comparison: Source of Funding: Federal Retirement:...
by cbobo | Jun 16, 2023 | IRA, Pension, Retirement Book
Federal employee retirement comes with its own set of challenges that employees need to navigate. Funding and Financial Planning: One of the significant challenges is ensuring adequate funding for retirement. Federal employees contribute to the Federal Employees...
