Entries by FedSavvy

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 […]

Questions About Medicare? Here Are Some Answers

Medicare is complex and today’s changing health care landscape makes it more important than ever to fully understand how it works. If you or someone you know is near retirement, you may have questions about how to enroll in Medicare and what Medicare covers. Here are answers to some common questions about Medicare that can […]

EPA to Offer Early Buyouts (Federal Soup)

The Environmental Protection Agency will continue an external hiring freeze and begin offering early buyouts to employees as part of a plan to reducing its workforce. Acting Deputy Administrator Mike Flynn in an April 17 memo to regional administrators and other top agency officials said given the agency’s current resources and in light of President […]

Senators introduce bipartisan legislation to relax withdraw rules for Thrift Savings Plan (by Hazel Bradford)

Bipartisan legislation to loosen withdrawal rules for the Federal Thrift Savings Plan was introduced Thursday by Sens. Rob Portman, R-Ohio, and Tom Carper, D-R.I. The proposed changes would address what the bill sponsors characterized as overly restrictive withdrawal rules that, according to TSP surveys, are a significant reason for the $9 billion transferred out of […]

WEBINAR – Survive and Thrive in Retirement

Join us on Tuesday, April 11th at 12:00 pm EST When you retire, you may want to travel, see the world, and spend time with your loved ones, without having to worry about running out of money. In this session, we will share the strategies that will have you doing everything you want to do […]