One thing remains certain in a world of financial uncertainty: unexpected emergencies can strike any time. Federal employees, like anyone else, are not immune to being blindsided by unanticipated events. As history has shown, the possibility of a federal shutdown underscores the vital importance of having a personal emergency fund. The question is not "Do [...]
by Daniel Stewart Turning 65 is one of Americans' most significant life events. It often marks the beginning of retirement, a transition out of employment, and changes to your health insurance. One aspect of health coverage that raises questions as people approach this age is how Medicare affects their Health Savings Accounts (HSAs). HSAs are [...]
Annuities are an often misunderstood but highly beneficial tool for retirement planning- Katie Benson by Katie Benson Although individuals and businesses have used them for centuries, annuities have gotten a bad rap recently. This tarnished reputation has likely arisen because of how annuities are marketed and sold by overzealous agents. Yet, when a company creates [...]
Authored By Katie Benson With their promises of financial security and regular payouts, income annuities may be an attractive option for retirees. However, the ideal age to purchase an annuity isn't the same for everyone. Younger individuals may not reap the same benefits from income annuities as their older counterparts. In this article, we'll discover [...]
by Brian Swerdlow Even long-time government employees may not know much about the FERS Supplement. This supplement is a valuable but often overlooked benefit for those in the Federal Employees Retirement System (FERS) who retire before age 62. Who qualifies for the FERS Annuity Supplement? FERS employees who end their service before age 62 and [...]
Authored By Katie Benson, Let's Talk About Annuities Looking around, you can easily see that design is an inherent feature of the universe, often concealed until our awareness unveils its presence. Design is resident in the grandest entities we encounter and also in the minutest details of our world. It manifests in bottomless ocean canyons [...]
Authored By Katie Gatti,The Money with Katie Blog During my junior year of high school, I found myself in an unexpected situation where I had the highest grade point average in several of my classes. It wasn’t thanks to any sudden stroke of genius (my prefrontal cortex still had a way to go), but an [...]
The Economic Ninja has a lot to say about the way the economy is going and how you can protect and grow your wealth when others are rushing to the exits. Check out his Youtube Channel: https://www.youtube.com/watch?v=NgYzUWb2ols
By Brian Swerdlow Even younger workers dream of the day when they are no longer bound to a work routine that can be unfulfilling and exhausting. Many Americans under 65 picture a day when they are free from the grind and can explore the world and pursue their passions. Unfortunately, as many younger Americans watch [...]
by Jerry Yu Reign Financial What is the velocity of money? Many years ago, philosopher David Hume and other thinkers developed what's known as the "classical theory" of inflation. This theory introduced the idea that increases in the money supply were the leading cause of inflation. However, as I will point out in this article, [...]
By Brian Swerdlow Individual Retirement Accounts (IRAs) have long been a favorite tool of financial planners. Unfortunately, though, IRAs usually require that an individual earns income before they can contribute. However, there's an exception to the requirement often overlooked by pre-retirees, called a spousal IRA. If you are married and building a retirement plan, you [...]
By Jerry Yu "The Family Money Doctor" Working people in the United States face a significant and growing retirement savings gap. By some estimates, over 57 million US-based workers cannot access an employer-based retirement plan. Several states have implemented what are known as Automatic Individual Retirement Account (AUTO-IRA) programs to resolve this issue. The goal [...]
