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Search Tags: retirement
Federal retirement filings are lower than the Office of Personnel Management expected. May's total was several hundred fewer than OPM expected to file for retirement. For federal employees thinking about retirement, you're not just dealing with a numbers issue. Tammy Flanagan, senior benefits director for the National Institute for Transition Planning, tells In Depth with Francis Rose why you should think about more than just dollar signs.
The Office of Personnel Management says it will not finalize regulations on phased retirement for a few more months. But what happens when it does? Federal News Radio's Web Manager Julia Ziegler joined Tom Temin and Emily Kopp on the Federal Drive to discuss federal employees' questions about phased retirement.
How do you find the handful of feds interested in leaving federal service in a large, bored, lookalike crowd? Answer: Shout out the words "buyout" and/or "phased retirement" and stand back, Senior Correspondent Mike Causey says.
Show co-hosts Bob Leins and Tammy Flanagan will talk about a wide variety of benefit programs for federal workers and retirees.
June 9, 2014
The Office of Personnel Management cut the longstanding backlog of pending retirement claims by more than a third in the first half of 2014. By the end of May, the inventory of claims had fallen to about 14,500, according to new OPM data released Thursday. That's down 38 percent from a peak of more than 23,500 claims in February.
Unless your name is Tammy Flanagan, you probably don't know everything about planning a federal retirement. Which means you might be leaving benefits on the table you never knew you had. Tammy Flanagan, senior benefits director for the National Institute of Transition Planning, is hosting a series of webinars starting on Thursday, June 12, to help explain the basics and three big mistakes people make when navigating the Federal Employees Retirement System.
The way to make money in the stock market is to buy when share prices are down and sell when they go up. Yet most people do just the opposite, Senior Correspondent Mike Causey says. Are you a closet market-timer?
The door to come back to government and get paid for it is still open for federal retirees or current employees getting close. The House passes an amendment to the fiscal 2015 National Defense Authorization Act so federal agencies can keep re-hiring federal retirees without cutting into their pensions. Jessica Klement, legislative director of the National Active and Retired Federal Employees Association, joined In Depth with Francis Rose to explain the details of the provision and what it means for current and future federal retirees.
A bipartisan House bill would reform federal tax law so that federal law-enforcement officers and firefighters can access funds from their 401(k)-style Thrift Savings Plans when they're eligible to retire without facing a penalty. Jon Adler, national president of the Federal Law Enforcement Officers Association, called the current situation "one of those glaring inequities that needed to be addressed and fixed."
Hosts Bob Leins and Tammy Flanagan answer listeners' questions relating to finances and retirement.
May 26, 2014 (This show originally aired on May 5, 2014)