Authored By Erich Wagner The latest legislative proposal to block presidents from unilaterally stripping federal workers of their civil service protections creates additional barriers to reclassifying employees. FEBRUARY 14, 2023 ERICH WAGNER This story was updated at 4 p.m. to include additional information about the House version of the bill and additional reaction. Lawmakers in [...]
By Brian Swerdlow Signed into law in late 2022, the Setting, Every Community Up for Retirement Enhancement (SECURE) 2.0 Act contains dozens of new provisions pertaining to retirement. These changes will likely impact how Federal employees save and withdraw funds from their retirement accounts. Building on the original SECURE Act of 2019, which altered the [...]
Robo-advisors have grown in popularity, but are they right for everyone? By Daniel Stewart Introduced in 2008 and using automated algorithms devised by financial professionals, robo-advisors provide financial planning without human intervention. These automated financial advisors advise clients using data collected via online surveys. They then design investment plans based on the data for [...]
This is a 2.5 minute read. by Debra May Retirees often face a dilemma when deciding how to invest their money in a more risk-averse manner. Certificates of Deposit (CDs) are popular, but Fixed Index Annuities (FIAs) are sometimes a much better option. I want to compare these two safe money choices to show why [...]
"OPM and its FLTCIP carrier say they need time to assess the program so that rates are more reasonable and sustainable." Jim Fish by Jim Fish If you are not already enrolled in the Federal Long-Term Care Insurance Program (FLTCIP) but are planning on doing so, you should count on delays with your application [...]
By Jim Fish "Jack O'Lantern" of All Trades, Wizard of Federal Benefits I'll admit that death is not one of my favorite topics of conversation. But since I work in insurance and am writing this so close to Halloween, I can't help thinking about death from time to time even though Halloween treats death [...]
Los Angeles native Jim Fish enjoys working with diverse clients across California and the western U.S. who are looking for safe growth and protection of their money, especially as they get ready to retire. A licensed financial professional for over 15 years, Jim Fish has specialized training as a Federal Retirement Consultant. He is widely [...]
Money Metals Exchange “There are three kinds of people in this world: people who make it happen, people who watch what happens, and people who wonder what happened.” Former Los Angeles Dodger Manager Tommy Lasorda. Whether or not you like baseball, you can probably appreciate the intricate planning that goes into every inning of [...]
Authored By George Politarhos, Patria Wealth Generic, templated approaches to financial planning can work for some people during the “accumulation” phase of their financial lives. However, as a person gets within five to seven years of retirement, it becomes obvious that “one-size-fits-most” recommendations fall far short of the mark. That’s because retirees differ from one [...]
Authored By George Politarhos As with many non-federal savings plans, it is possible to take out a loan on your Thrift Savings Plan. However, most experts, including those at the Office of Personnel Management (OPM), will tell their clients to exhaust every other loan option before touching their TSP accounts. Before examining the downside [...]
