L Funds: A Love Affair COMMENTARY | For these “set it and forget it” funds, “setting it” may require a bit more work than matching your birth year to the “right” fund. My wish for you is that someone loves you as much as I love retirement target date funds. Since becoming a qualified default […]
Accumulation Phase Versus Distribution Phase By Carol Schmidlin During their working years, typically people try to grow their money and tend to be more aggressive. One of the biggest mistakes people make is going directly from the accumulation phase to the distribution phase. I have seen hundreds of people make this mistake which can be disastrous. My father was in the financial services industry his […]
OPM Announces New ‘Safe Leave’ For Domestic Violence Victims Federal workers may now take paid leave to address issues related to their or a family member’s safety or to recover from domestic violence, abuse or harassment, under new guidance from the government’s dedicated HR agency. Follow link to read more. https://bit.ly/3K8eiLp
Mixed Reactions to Medicare Part D in the FEHB It’s been almost five months since Part D was incorporated into many Federal Employees Health Benefit plans. How is it being received? Medicare Prescription Drug Program or Part D was enacted as part of the Medicare Modernization Act of 2003 and went into effect on Jan. […]
New Measure Would Boost Retiree Inflation Adjustments Social Security benefits have not kept up with costs and older adults are left struggling to afford food, medications, clothing, and other necessities. Newly introduced legislation in the Senate (S-3974) would boost inflation adjustments to Social Security by basing them on a consumer price index measure geared toward […]