We are halfway through the year. Has anything in your life significantly changed such as getting married, having a baby or perhaps moving to a new house or apartment? If any of these life events happen during the year you need to update your federal personnel forms and beneficiaries. The federal government has a form for every […]
Here’s more news about the implementation of SECURE 2.0. In a recent article, we discussed a provision of the Act that, beginning in 2024, would have required highly compensated employees to make any catch-up contributions as Roth contributions. This provision will not affect too many TSP account holders for two reasons: 1) Catch-up contributions can […]
Pending legislation could affect federal employees’ work-life balance, civil service protections, TSP investment options and more. The Senate returns from recess on Tuesday and the House the following week. Lawmakers will be racing the clock to tackle big issues, such as finalizing agency spending bills. Here are five areas to watch as Congress returns, that […]
If you ever look at your paystub and wonder what “cumulative retirement” means, it refers to the total amount of contributions that you have made to either FERS or CSRS. And many might wonder, upon retirement – can’t they just take this full amount instead of receiving guaranteed monthly payments for life? And while from 1986 […]
MRFC International Association of Registered Financial Consultants MEDIA RELEASE Nationwide- August 2023 Carol Schmidlin Awarded Ethics Approved Status The International Association of Registered Financial Consultants (IARFC®) has recently awarded Carol Schmidlin of Franklin Planning the “Ethics Approved” Status for her adherence to the IARFC Code of Ethics. This historical verification includes background checks […]