Tag: retirement

October 23, 2023

Congress once again has its sights set on making changes to federal benefits in more ways than one. Under one reintroduced bill, former temporary and seasonal federal employees would get a chance to make “catch-up” contributions in their retirement accounts. […]

June 22, 2023

Social Security benefits have been a key element of federal employees’ overall retirement package since the creation of the Federal Employees Retirement System in 1986. Along with the basic federal retirement benefit and employees’ own savings and investments in the […]

January 18, 2023

It’s 2023—indeed a couple weeks into the new year—and it’s anything but clear where Congress will be headed on the future of Social Security. Actually, it’s anything but clear where Congress is headed at all. After over a decade of […]

October 27, 2022

What are you going to do after you retire? For some federal employees, the answer is, “I’m going to work!” If you’re fortunate to be eligible to retire from federal service in your 50s, you might be able to continue […]

May 4, 2021

The federal government’s 401(k)-style retirement savings program had its first completely positive monthly returns report of 2021 in April, with each of its portfolios growing last month. The common stocks of the Thrift Savings Plan’s C Fund boasted the strongest […]

January 21, 2021

If you pulled money from your 401(k) plan or individual retirement account last year to get through tough times, now is the time to consider next steps. The federal CARES Act that was passed in March 2020 put in place […]

October 5, 2020

Justin McCurry retired in 2013. He and his wife decided at the beginning of their marriage that they wanted to quit working while they were young. So the couple ran some calculations, made a budget and set out to save […]

August 31, 2018

President Trump is looking for ways to make it easier for Americans to save and spend in retirement. Specifically, an executive order the President is expected to sign Friday will seek a review of how required minimum distributions from 401(k) […]

May 8, 2018

The Office of Personnel Management is moving ahead with a series of changes to employee benefits that it estimates will save more than $143 billion over 10 years. In a letter to House Speaker Paul Ryan (R-Wis.), OPM Director Jeff […]

July 26, 2017

Although the number of federal workers enrolled in the government’s phased retirement program remains minuscule, analysts say it could be a valuable tool for agencies to preserve institutional knowledge and plan for the future. As of Tuesday, 259 federal employees […]

June 19, 2017

Linda Springer, the veteran budget and federal workforce specialist who has been advising President Trump on his management agenda, is retiring, Government Executive has learned. “It’s a real retirement, not going to another company or entity or going out on […]

February 20, 2017

After more than three decades of government service, Defense Information Systems Agency CTO David Mihelcic is stepping down. His official retirement ceremony will be Feb. 21 at DISA headquarters. Mihelcic has been with DISA for 19 years, according to an […]