Navigating Retirement Pitfalls Much is written about the classic financial mistakes that plague start-ups, family businesses, corporations, and charities. Some classic financial missteps have been known to plague retirees, too. Calling them “missteps” may be a bit harsh, as not all of them represent errors in judgment. Either way, becoming aware of these potential pitfalls […]
TSP Funds Dropping in April New records are being set by the TSP. Here is an update on TSP fund performance and some of the records cited by the TSP in its latest release. New Records for the TSP There were several new highs for the Thrift Savings Plan (TSP) in March. The FERS participation […]
Military Families’ Financial Challenges Are Unique; These Tips Can Help Any family can experience financial hurdles, but military families may face unique challenges that set them apart from their civilian counterparts. From being remotely stationed with limited access to good paying jobs and childcare, to frequent moves that can make establishing consistent savings habits hard, […]
C, S, and I Funds in Thrift Savings Plan Grow Over 3% in March Stocks continued to show signs of strength during the month despite indications from the Federal Reserve that they will not be cutting interest rates soon. Many Thrift Savings Plan participants have been moving funds from the G fund to the C […]
2025 COLA Estimate for Social Security, FERS, and CSRS After an 8.7% COLA in 2023 and a 3.2% adjustment in 2024, the downward trend is expected to continue for Social Security’s 2025 COLA. Current estimates predict 2.4%. Retired federal employees receiving a CSRS pension receive the same cost-of-living adjustment (COLA) as recipients of Social Security […]