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Most federal employees are covered by FERS which is made up of three components: (1) Social Security benefits, (2) a Thrift Savings Plan (a retirement savings and investment plan similar to 401 (k) ...

Starting at age 50, federal employees can enhance their Thrift Savings Plan (TSP) through 'catch-up contributions.' By 2025, the additional limit for these contributions is $7,500, allowing workers to ...

Planning for retirement involves more than picking a last working day or exploring new goals and hobbies. It also means understanding how your retirement choices affect your spouse if unexpected ...

A survey shows most workers expect to retire at 65 or later, but many haven’t calculated savings for health care or emergencies.

The Senate Homeland Security and Governmental Affairs Committee has released its version of a key spending bill that would preserve the Federal Employees Retirement System (FERS) special retirement ...