How to make the most of FERS, Social Security and your TSP
From FY1970 to FY1985, the number of people receiving federal civil service annuities rose from fewer than 1 million to nearly 2 million, an increase of 105%. Between FY1985 and FY2022, civil service annuitants rose by 767,000, an increase of about 39%. In FY2022, all CSRS employees were 55 or older, compared with 32% of […]
How to use the ‘Bucket Strategy’ to optimize your retirement savings
You’ve finally reached the retirement date that’s been circled on the calendar for the past 5 years. You’ve done everything you’re supposed to do and have accrued a nice pension, a plan for social security, and a healthy balance in your Thrift Savings Plan, or other investment accounts. Maybe you’ve even done some tax planning […]