In Case You’re Wondering What You’d Make in Retirement

Everyone who works for the government should know how to calculate a basic Civil Service Retirement System or Federal Employees Retirement Benefit estimate. The formula can be found on the Office of Personnel Management website. It requires only two pieces of data that most federal employees can estimate with a reasonable level of accuracy: high-three average salary and length […]

Employers may drop 401(k) matches as companies look to cut expenses

Don’t be surprised if your employer pauses its contributions to your 401(k) plan during the U.S. economic downturn. As the coronavirus pandemic wallops the economy, and businesses deal with dropping revenue and limited cash flow, employers are exploring how to trim their obligations to those plans without violating federal regulations. Companies commonly give to worker’s […]