TSP Beneficiary Mistakes That Override Your Will
Many Feds assume a will gives the final answer on who receives their assets after death. For a Thrift Savings Plan (TSP) account, the beneficiary form usually carries more weight.
Many Feds assume a will gives the final answer on who receives their assets after death. For a Thrift Savings Plan (TSP) account, the beneficiary form usually carries more weight.
Turning 65 creates a Medicare decision for many Feds. Some retirees assume they should sign up for Part B as soon as Medicare becomes available. That may make sense for…
A spouse’s death can have devastating financial consequences on the surviving spouse, particularly if the death was sudden and unexpected. This column reviews some of the steps that married federal…
The Federal Employees’ Group Life Insurance (FEGLI) helps protect Feds and their families in the event of a worst-case scenario.
Dan and Katelyn discuss two important retirement planning developments affecting federal employees: the USPS FERS funding pause and the enhanced catch-up contribution opportunity available to those ages 60–63.
The number of Thrift Savings Plan (TSP) participants with TSP accounts valued $1 million or more has grown significantly over the last five years. The number of TSP millionaires hit…
Medicare can seem straightforward until income comes into play. The Income-Related Monthly Adjustment Amount (IRMAA) is the extra amount some higher-income Medicare enrollees pay for Medicare Part B and Part…
Many federal employees assume their Federal Employees Health Benefits (FEHB) coverage will automatically continue into retirement. That assumption can lead Feds in the wrong direction.
Dan and Katelyn discuss two important retirement income decisions: preparing for required minimum distributions (RMDs) and determining whether delaying Social Security benefits until age 70 makes sense.