Government
Federal News Network Senior Correspondent Mike Causey discusses everything of interest to federal employees, from pay, benefits and retirement, to buyouts, COLAs and pay freezes.
Time for a reality check
Today’s Your Turn show is about the kind of thing he could be very good at: Taking care of his family. Hopefully it will help you in important ways, like taxes and investments. Subject that are not fun, but are very important when someone else settles your affairs. My guest is Tom O’Rourke.
Open Season: Shop online and on company time for your health plan
If you work for Uncle Sam there’s a 50/50 chance you do. That is, your agency has pre-paid so you can shop from home, office or home/office using the popular Checkbook’s Guide to Federal Health Plans. Many people use it to find several best-buys for them.
Hidden gems (and time bombs) in your health plan
Federal workers, retirees and their surviving spouses are fortunate in many ways. They have a large number of health plans to choose from. The government will pay much if not most of the premium. No one can be turned down for any reason. Full coverage continues in retirement, which is not the case in most private plans.
Want a Roth IRA on steriods? Check your health plan
Tired of shelling out thousands of dollars each year for your federal health plan? Confused, irritated or both by the multiple-choices available under the Federal Employee Health Benefits (FEHB) Program? Why not consider picking a health plan that pays you? Thousands of federal and postal workers have done it.
Would you buy a Medicare Advantage plan from Joe Namath? Or anybody else?
Before you answer, your first question might be “what’s a Joe Namath?” or “what’s this Medicare Advantage thing?” If you are of a certain age, and like (or hate) professional football, you will know that Joe was a very famous, successful college and professional quarterback.
C, S and I funds: How long can the boom last?
Despite the life-altering impact of COVID-19, international tensions and unprecedented political divisions in the country, the stock market keeps on going up and up. The experts give us lots of after-the-fact explanations. But, how often are they right? For many long-term investors — like folks in the Thrift Savings Plan — the question is simple.
Time for a reality check
Tom O’Rourke, a Washington-area tax and estate attorney and former IRS lawyer, shares his plan to allow federal employees to double their money and to…
Is your son-in-law a jerk? Armor plate your estate
Whatever the reason, whether your life is a bed of roses or a getting-worse-nightmare, there are things you can do now to insure what you leave will go…
Inflation and your retirement timeline
With inflation on the rise, a growing number of feds are crunching the numbers to weigh the financial benefits of working another year or two.