The Advantages of Advance Funeral Planning

Title: The Advantages of Advance Funeral Planning

Article Snip: "...What you can do to help your heirs? Specify what final arrangements you’d like and make sure your family knows your wishes. Pre-paying for a burial plot may save money in the long run, as you’ll avoid future price increases..."

Reference: www.fedweek.com
Funeral Expenses,

2% COLA for Federal Retirees in 2018

Title: 2% COLA for Federal Retirees in 2018

Article Snip: "...COLA for federal annuities is determined in reference to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is calculated by economists and statisticians with the Bureau of Labor Statistics (BLS). The CPI-W is the current index used for measuring increases in the prices of consumer goods such as food and beverages, housing, clothing, and gasoline..."

Reference: www.fedsmith.com
2018 Federal Retiree COLA, COLA,

Worried about possible retirement changes? 3 pieces of advice from a federal financial planner

Title: Worried about possible retirement changes? 3 pieces of advice from a federal financial planner

Article Snip: "...Yet with roughly 45 percent of current TSP investments in the low-return, low-risk G fund, many federal employees are missing an opportunity to invest more heavily in higher-risk funds that may offer a higher return, Klingler said. “In most cases, investing 100 percent of your money in the G fund is not the best choice,” he said. “When you hear the word ‘risk,’ a lot of people think zero risk is the best. That’s not the case. In most cases, you want to have risk, because with risk, comes reward. You want to have the appropriate level of risk that matches your risk tolerance and your investment time horizon..."

Reference: federalnewsradio.com
TSP, Federal Employees Retirement System (FERS), G Fund, Risk and retirement,

80 Percent Rule for Retirement

Title: 80 Percent Rule for Retirement

Article Snip: "...The “80% Rule” is a good guideline for those a long way from retiring who want to, at a minimum, retain the standard of living they had before retirement. Many financial planners suggest that 80% of your pre-retirement income will give you a retirement standard of living that is substantially similar to your pre-retirement standard of living. This is based on three assumptions: First, you will not be paying payroll taxes (Social Security and Medicare) or making pension contributions (CSRS or FERS). For most federal employees, these mandatory taxes and contributions take 8.45% ..."

Reference: www.fedweek.com
TSP, Retirement, CSRS vs FERS, Social Security,

A website for retired or retiring USPS employees

Title: A website for retired or retiring USPS employees

A site for retired USPS employees or those about to retire.

Reference: www.keepingposted.org

One Of The Longest-Serving Postal Workers Retires After 60 Years

Title: One Of The Longest-Serving Postal Workers Retires After 60 Years

Article Snip: "... after 60 years on the job – one of the longest-serving postal workers in history. 83-year-old Garland Gralow remembers the day he was hired. “Could you start tomorrow? – just like that – yeah okay,” Gralow remembered..."

Reference: chicago.cbslocal.com
CSRS,

Republicans offer a big slap in the face to future and present federal retirees, FERS to take biggest hit

Title: Trump’s budget calls for hits on federal employee retirement programs

Article Snip: "...Increase Federal Employee Retirement System (FERS) contributions from workers by 1 percentage point each year until they equal the government’s contribution. This would take five to six years and would result in increased out-of-pocket payments of about 6 percent over that period...Eliminate supplement payments for FERS employees who retire beginning in 2018. The supplement approximates the value of Social Security benefits for those who retire before age 62..."

Reference: www.washingtonpost.com