"Many people understand life insurance is a "necessary expense" but often overlook the valuable role insurance plays in enhancing their financial security."- Brian Swerdlow. By Brian Swerdlow For many Americans, talking about life insurance is right up there with discussing our hernia surgery or listening to Aunt Mabel drone on about her hydrangeas. It's [...]
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 [...]
"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 [...]
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 [...]
By George Politarhos The Thrift Savings Program (TSP) was initially designed to give active and retired federal personnel a simple, cost-effective 401-k type plan. The TSP has worked exceptionally well, perhaps even better than anticipated. Many retired feds have achieved self-made millionaire status because of their Thrift Savings Plan. Also, the TSP boasts some of [...]
