USPS: Online accounts help retirement planning

The Social Security Administration is encouraging federal employees to set up free online accounts to view and manage their Social Security records. The secure accounts provide estimates for future benefits and show how much you’ll need from other sources, such as a Thrift Savings Plan, to meet your retirement goals. Each account also allows you…

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NTEU President Kelley to Congress: Say No to Changing TSP’s G Fund

For Immediate Release: Wednesday, July 15 2015 Washington, D.C.—The head of the National Treasury Employees Union (NTEU) urged Congress this week to reject proposals to weaken the federal Thrift Saving Plan’s (TSP) G Fund. Congress is reportedly considering tapping the personal retirement savings of federal employees, retirees and members of the military to offset the…

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What Happens to Your Benefits if You Die While Still Working?

By John Grobe – July 13, 2015 What happens to your benefits if you die while still working? This is a question we do not want to ponder, as we all plan on living long after we retire. When it comes to Ben Franklin’s quote, “Plan like you’ll live forever; pray like you’ll die tomorrow,”…

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USPS: Looking forward – Tools and resources available for retirement planning

Whether you are new to the Postal Service or a longtime employee, it’s never too early — or too late — to begin planning for your retirement. These tools can help: Federal ball park estimator: Includes projected federal annuity and Thrift Savings Plan (TSP) benefits to help you quickly approximate how much you need to…

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USPS: Thrift Savings Plan – the 3Rs to maintain your retirement goals

(3/13/15) If you’re planning your retirement, the Postal Service encourages you to remember the 3 Rs — review, rethink and remain. Review. If you haven’t taken a good look at your Thrift Savings Plan (TSP) retirement account recently, now is a good time to review it. You should also review your TSP account throughout the…

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Unlocking the Secrets of FERS

By Tammy Flanagan – January 22, 2015 As you probably know, federal employees are generally covered by one of two retirement systems: the “old” Civil Service Retirement System or the “new” Federal Employees Retirement System. But FERS isn’t that new any more. It includes many employees who have accumulated 30 or more years of federal…

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