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Search Tags: retirement
Host Mike Causey will discuss federal pay and
benefits with Federal Times Senior Writer Stephen
Losey and Federal Managers Association Legislative
Director Jessica Klement.
February 29, 2012
Tags: pay and benefits , Roth IRA , Federal Times , Stephen Losey , budget battle , Jessica Klement , Federal Managers Association , pay freeze , downsizing , U.S. Postal Service , Mike Causey , Your Turn with Mike Causey , military pay
How would you like it if your Thrift Savings Plan withdrawals were tax-free? Well, get ready because the tax-free end-of-the-rainbow Roth option is coming to your optional retirement package, Senior Correspondent Mike Causey says.
Tom Trabucco, the director of external affairs at the Federal Retirement Thrift Investment Board, which oversees federal employees' TSP accounts, joined In Depth with Francis Rose to discuss some TSP tips for retiring feds.
They say that everybody's got a price, so what's yours? What would it take for Uncle Sam to convince you to retire? Because you may be facing that decision soon, Senior Correspondent Mike Causey says.
Not sure about how much you need to save for retirement? A new online tool from the Office of Personnel Management helps feds figure out how to plan and includes projections for annuities and Thrift Savings Plan benefits.
Most FERS and CSRS Offset employees will receive the 2 percent payroll tax cut as par to the plan signed into law Thursday by the President, said certified financial planner Ed Zurndorfer.
Thanks to the two-year pay freeze and two years of higher health premiums many federal workers today are taking home less money than they were in 2010, Senior Correspondent Mike Causey says. Some alert feds are also curious as to whether Congress has plans to extend their pay freeze until 2013, 2014 or maybe even until 2015.
Host Mike Causey will talk about the Thrift
Savings Plan with Tom Trabucco, director of
external affairs for Federal Retirment Thrift
Investment Board. Federal Times Reporters
Stephen Losey and Sean Reilly also join the show
to discuss how Congress is changing your federal
February 22, 2012
Tags: pay and benefits , Thrift Savings Plan , Tom Trabucco , Federal Thrift Investment Board , National Federation of Federal Employees , NARFE , Federal Times , Stephen Losey , Sean Reilly , budget cuts , John Bogle , Vanguard mutual funds , Allan Roth , Mike Causey , Your Turn with Mike Causey
The $15 billion generated by the 2.3 percent more that new employees would pay for their retirement would help pay for the extension of unemployment insurance.
Congress hit future federal workers with a new higher pension tax. For current workers, there is no change but that could have been a warning shot across the bow, Senior Correspondent Mike Causey says.