Thursday, December 27, 2012

Retirement Ideas for the Federal Employee

Retirement Ideas for Federal Workers

Article Excerpt: "...you’ll find several retirement ideas for the next phase of your life. Whether you want to add to that generous pension or pick up a new hobby, you’ll find plenty of ideas in this article...."



Resource: www.fedsmith.com

Saturday, December 8, 2012

COLA index change will have big impact on retirement incomes

Small Changes in the COLA Index Can Have a Major Impact on Your Retirement Plan

Article Excerpt: "...Currently Social Security payments increase with the rate of the Cost Of Living Adjustment (COLA) index. The COLA index used for Social Security is equal to the percentage increase in the consumer price index for urban wage earners..."



Resource: www.minyanville.com

Thursday, December 6, 2012

Railroad Retirement Board scammed by LIRR employees

LIRR retirees plead guilty to $1 billion pension scam

Article Excerpt: "...Both agreed to pay back the money they received in fraudulent disability payments from the federal Railroad Retirement Board. Reiser agreed to make restitution of $226,000; Pulsonetti agreed to repay $176,000...."



Resource: www.nydailynews.com

Sunday, December 2, 2012

Equities: Retirement income potential is greater (but the risk doesn't have to be)

Equities: Still Your Best Bet for Retirement

Article Excerpt: "...slowly piecing together a portfolio to carry them into retirement — likely would have admitted to getting a little bit worried there. After all, that’s what we’ve been conditioned to do. 2008 put a scare into investors we’ll not soon forget, so what few..."



Resource: investorplace.com

Saturday, December 1, 2012

Federal retirees, let's take a look at the S&P 500

Retired Investors: Let's Take A Closer Look At The S&P 500 Index Fund

Article Excerpt: "...the retirement investment program known as FERS. Under FERS, employees had limited investment choices. Each was connected to an index fund. The C fund tracked the S&P 500. The S Fund tracked the small cap index. The F fund tracked the Barclays Aggregate Bond Fund. Finally, the fund offered a fixed income option -- the G fund -- which invested in Government Securities...."



Resource: seekingalpha.com