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Search Tags: retirement
Postmaster General Patrick Donahoe testified today before a House subcommittee saying a USPS-sponsored plan would save $7 billion a year. Such a plan, Donahoe said, would offer equal or better coverage to current employees and retirees.
Thinking about retiring in the next couple of years? Well, here's something to think about, Senior Correspondent Mike Causey says: How long and how well could you live if your income was cut by more than 60 percent for months at a time?
April 1 is the deadline for federal employees and annuitants with traditional IRA accounts and are at least 70-1/2 years old in 2011 to make their first minimum required distribution (MRD) for 2011.
So, what's the connection between making love and getting a buyout? Technique, frequency and careful preparation are central to both, Senior Correspondent Mike Causey says. So how did federal agencies score this year?
The House Budget Committee approved a Republican proposal that calls for shrinking U.S. deficits to $3.1 trillion over the coming decade. The budget bill also calls for a 10 percent reduction of the federal workforce, an extension of the federal pay freeze and an increase of federal employees' contributions to their pension plans.
Tammy Flanagan, senior benefits director at the National Institute of Transition Planning joins host Mike Causey to talk about what you should do to plan for your retirement.
March 21, 2012
Rep. Paul Ryan (R-Wis.), the top GOP budget writer, borrowed the idea of insurance exchanges, a big pooled marketplace, from the health care law enacted in Massachusetts when GOP presidential candidate Mitt Romney was governor. Ryan wants to set one up for Medicare.
What do skydiving and retiring have in common? Short answer is that many people only do each once, and it is a really good idea to do it right the first time, Senior Correspondent Mike Causey says.
Four senators introduced a bill that would add Medicare patients to the Federal Employee Health Benefits Plan, as Medicare is gradually phased out. The National Active and Retired Federal Employees Association tells feds to be wary of the bill.
Senate amendment allows retiring federal employees to return to work on a part-time basis. Ron Sanders, senior executive adviser at Booz Allen Hamilton, says this provision allows retirees to pass along their institutional knowledge while continuing their civil service.