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EPA’s Early Retirement/Buyout Justifications Reveal How Agency is Reorganizing (By Meredith Somers)

Six Seattle toxicologists, 16 Kansas City chemists,  41 IT managers in Durham, North Carolina, 136 general attorneys from Washington, D.C.

The range of work, employee pay grade and office location runs the gamut when it comes to the Environmental Protection Agency’s early retirement and buyout program, and as the Sept. 2 deadline approaches, more details are coming out on how the agency plans to reduce its workforce to address budget requirements and the government reorganization. Read more

WEBINAR: Decisions About Long-Term Care Planning

Join us on Tuesday, July 11th at 12:00 pm EST

Imagine having an expense that could wipe out all of your savings, and there was a 70% chance that this could happen to you or your spouse. Well this is not imaginary; It’s the cold, hard facts! This can be completely destructive to a family’s assets if you do not have a strategy in place. Futhermore, the consequences of a health impairment can be very hard on a family.  Read more

WEBINAR: Thrift Savings Plan – Considerations in Retirement

Join us on Tuesday, June 20th at 12:00 pm EST

The Thrift Savings Plan (TSP) is a great retirement savings method for Federal Employees. The low expenses, diverse investment options, 5% employer match, and Roth option, make it a great vehicle for accumulating your nest egg. As an employee, your savings and investment options are pretty straightforward. Once in retirement, withdrawal options can be much more complicated. This course explores the options available, along with factors to consider before making these important withdrawal decisions. If you are preparing for retirement this course is a must.

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Should a Trust be the Beneficiary of Your IRA? Pros and Con

For many Americans, the assets in their Individual Retirement Account represent a significant portion of the wealth they hope to leave to their loved ones. You may have heard that creating a trust and naming it as the beneficiary of your IRA is a good way to direct how your assets are distributed after your death and force your heirs to “stretch” the IRA for generations. However, trusts and inherited IRAs are complex vehicles that have a lot of details to get right. Here are some of the pros and cons of naming a trust as a beneficiary of your IRA:

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