Employees who invest in mutual funds held in non-retirement brokerage accounts at this time of year should avoid “buying a dividend”. This week’s column discusses the consequences of “buying a dividend”, with the investor paying tax on an investment that has decreased in value. Also discussed is what an investor can do to avoid “buying a dividend”.
Although the Trump administration pledged to hire 7,500 new border agents and customs officers to boost border security, the firm contracted to hire new staff has only brought on a small fraction of new employees.
Over the years, federal employees under the Federal Employees Retirement System—FERS—sometimes have received cost-of-living increases lower than the inflation adjustments provided by Social Security and the old federal pension system, the Civil Service Retirement System—CSRS.
The Senior Executives Association—representing feds in the Senior Executive Service—will this month hold their annual ceremony dedicated to recognizing exceptional federal leaders.
Question: I'm a FERS DOD employee with 23 years of service which includes buying back military time of three years. I'm currently 44 and really considering of deferring my retirement, but very confused on my options. Can I retire with 25 years at the age of 50 and immediately collect benefits? Or do I need to wait to have 30 years and wait until MRA at age 57?
Thrift Savings Share Prices as of Nov. 29, 2018.