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Interior Plans to Offer Buyouts, Early Retirements

Interior Plans to Offer Buyouts, Early Retirements Interior Plans to Offer Buyouts, Early Retirements By Eric Katz | May 25, 2017 The Interior Department will rely on financial incentives to meet workforce reduction goals, according to the Trump administration’s budget documents. Interior, like all agencies, is currently drafting initial plans to restructure itself and reduce the size of its…

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The Perils and Pitfalls of Retiring Really Early

The Perils and Pitfalls of Retiring Really Early The Perils and Pitfalls of Retiring Really Early By Tammy Flanagan | National Institute of Transition Planning | May 25, 2017 Last week, we explored the possibility of joining the FIRE (financial independence/retire early) movement as a federal employee. It involves aggressively saving and investing in the hope of retiring as early…

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Thrift Savings Plan Board Approves Five-Year Lifecycle Fund Increments

Thrift Savings Plan Board Approves Five-Year Lifecycle Fund Increments Thrift Savings Plan Board Approves Five-Year Lifecycle Fund Increments By Erich Wagner | May 31, 2017 The panel that oversees the retirement savings plan for federal employees on Wednesday unanimously approved offering lifecycle funds targeted to within five years of participants’ expected retirement date rather than the current 10-year increments.…

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TSP Growth Slows in March

TSP Growth Slows in March TSP Growth Slows in March By Erich Wagner | April 3, 2017 Growth in the federal employee retirement savings plan ground to a halt in most cases last month, and some funds dropped slightly in value. The Thrift Savings Plan’s S Fund, which is invested in small- and midsize companies, was down 0.08…

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Cuts to Feds’ Retirement Benefits Among the Top Four ‘Savers’ in 2018 Budget

Cuts to Feds’ Retirement Benefits Among the Top Four ‘Savers’ in 2018 Budget By Erich Wagner | May 22, 2017 Office of Management and Budget Director Mick Mulvaney on Monday described proposed cuts to federal employee retirement benefits as one of the top four measures to save money in President Trump’s fiscal 2018 budget proposal. Mulvaney briefed reporters…

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