Female Federal Employees in the Home Stretch: Preparing for Your Secure Retirement

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Female Federal Employees in the Home Stretch: Preparing for Your Secure Retirement

If you’re ready to retire from your federal government career, congratulations!

You’re probably looking forward to time off to do new things. But ensuring you have the resources available to support those new things means you must be retirement-ready.

Retirement readiness is more than having enough money tucked away, though that’s important. Now is the time to focus on near-retirement planning as a federal woman employee. Doing so means you’ll have the support to enjoy your post-career life.

Maximizing TSP/IRA Contributions

You might have taken time off to raise a family or care for elderly relatives. Follow link to read more from Serving Those Who Serve. https://bit.ly/3BUkDcv

 

What Does Telework for Federal Employees Look Like Under a Harris, or Trump Administration?

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What is likely to happen with the federal government’s telework policies after the election? 

Since implementation of the Telework Enhancement Act of 2010, federal agencies have leveraged workplace flexibilities as a way to support an adaptable workforce capable of achieving objectives and navigating challenges and workforce needs, according to the U.S. Office of Personnel Management (OPM).

But what can federal employees expect with regard to telework following Election Day — under a new administration in place in January 2025 — with either Kamala Harris or Donald Trump as president? Follow link to read more from FedSmith. https://bit.ly/3NLWd7L

The Rise of TSP Millionaires: How Federal Employees Are Achieving Seven-Figure Savings

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The Rise of TSP Millionaires: How Federal Employees Are Achieving Seven-Figure Savings

In recent years, the number of TSP millionaires has been steadily rising, with nearly 117,000 federal employees now holding seven-figure balances in their Thrift Savings Plan accounts. This significant growth is largely attributed to strong market performance, disciplined long-term saving, and the power of compounding.

Whether you’re early in your career or nearing retirement, learning how to become a TSP millionaire can help you maximize your TSP. Here’s what you need to know. Follow link to read more from Servicing Those Who Serve. https://bit.ly/48o7NiX

How will the election impact my investments?

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As market volatility increases around election time you’re probably wondering, “How will the election impact my investments?” Please feel free to reach out to discuss any concerns you may have.

The Beneficiary Liquidity Plan Series. Are There Families Who Cannot Pay?

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The Beneficiary Liquidity Plan Series 

Are There Families Who Cannot Pay?

According to Phil Graham, Founder of The Beneficiary Liquidity Plan, sometimes, there is no one to pay for the funeral expenses. Perhaps the parent that passed away had money, but their children do not. Or, the children do not want to volunteer to pay even if they do have money. In rare cases, there is no family at all and a neighbor is the one left coordinating the final arrangements.

What Solutions Are Available? 

Some families must resort to the Department of Human Services. No one is excited about this solution and it also limits what services are available to the family. There are short-term loan businesses that offer funeral assistance, usually at a high interest rate. Funeral homes are less likely to accept the collateral assignment of an insurance policy, however there are third-party business that will for a fee, of course.