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Search Tags: retirement
Tammy Flanagan, Karen Schaeffer, and Bob Leins discuss what furloughed federal workers should be doing to protect their financial assets.
October 14, 2013
Millions of federal retirees will have to wait to find out the size of next year's cost-of-living adjustment. The Labor Department says it won't report inflation statistics on time this month, which will delay the Social Security Administration's COLA calculation.
Certified financial planner Arthur Stein will provide tips on how to protect your retirement nest egg, and Federal Times Senior Writer Sean Reilly will give us the latest on the government shutdown.
October 9, 2013
About 5,800 federal employees filed retirement applications in September, according to new data provided from the Office of Personnel Management. That's some 2,600 fewer than OPM expected to receive and more than 6,000 fewer than submitted applications in September 2012. That unexpected drop allowed OPM to process more applications than it anticipated and to make significant progress clearing a longstanding backlog of cases.
Many feds are also confused and concerned about how the shutdown -- especially if it's prolonged -- will affect their benefits. Federal News Radio dug through guidance provided by the Office of Personnel Management and other agencies and consulted with the experts to bring you some of the answers to the most-asked questions.
On this week's Your Turn program, Mike interviews Paul Forte with Long Term Care Partners and retirement expert Stan Hinden.
October 2, 2013
Financial advisor John Jilek gives advice on how to maximize the value of your insurance plans.
September 23, 2013
There are several ways to become a millionaire. You can become Oprah's best friend or, if you work for the federal government, you can do it via the TSP. More than 900 feds have million dollar accounts, and Senior Correspondent Mike Causey found out how one of them did it.
Is the person in the next cubicle really a closet millionaire? Does the person who organized your carpool have a seven-figure retirement nest egg? Senior Correspondent Mike Causey wants to know: Are you rich and don't know it?