One of the key components of a successful retirement plan is understanding all the benefits available from the government. One such benefit is the Thrift Savings Plan (TSP) annuity, which is designed to provide financial protection for those who have served in the federal government throughout their careers. In this guide, we will explore whether…
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New To Government Employment? 4 Steps You Should Take
Are you a new government employee? If so, understanding the retirement and federal benefits available to you is essential. Retirement and federal benefits are an important part of your employment package, and they can have a significant impact on your financial security in the future. Knowing what you need to do to take advantage of…
Can Federal Employees Realistically Retire in their 50s?
Retirement can be hard to plan for anyone. Federal employees are no exception. Considering the savings and income you must gather to retire without long-term concerns, the goal might seem impossible. Remember that figuring out the perfect retirement age is even harder for federal employees. Most of the hurdles involve navigating the policies and consequences…
Can a Divorce Affect my Federal Benefits?
Can a divorce affect your federal benefits? If you are a federal employee going through a divorce or have recently experienced one, your federal benefits might take a considerable hit. Before that divorce, the state might have provided your spouse with certain benefits. This was an effort by the government to ensure that their rights…
Do IRAs Actually Have Lower Rates than TSPs?
If you are nearing your retirement age, you might have a lot of concerns regarding your pension. These include the benefits that come from the Thrift Savings Plan. Do IRAs actually have lower rates than TSP? Where should retirement savings go? Investment portfolios matter when you have retired. This is what can get you through…
Can I Get A Copy Of My FERS Retirement Statement?
Federal retirement planning company, Federal Educators, shares what states will not tax your federal retirement benefits such as FERS, TSP, and Social Security.