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Retirees Need Options and Assistance to Make Money Last
As individuals are increasingly responsible for their financial security following retirement, the cost of limited financial literacy can be extremely high. Yet, recent survey data suggest that seniors...
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Questionable Business Practices and Pension Advances
Pensions, in addition to Social Security, are what allow millions of middle-class retirees to maintain a reasonable standard of living. Any loss of pension benefits (partial or otherwise) can...
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AskGAOLive: Retirement Security
With a multitude of savings options available, from IRAs to managed 401(k) accounts, ensuring you will have the money you need for your retirement can be a complex task. Join us for a live web chat on...
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Podcast on Americans’ Retirement Security
As baby boomers move into retirement age, their retirement security is getting a lot of attention, due to longer life expectancies, private-sector pension changes, and uncertainty about Social...
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Your Employer Might Help Improve Your Financial Fitness
Maybe there’s money under the mattress, because there doesn’t seem to be much in the bank. About half of households age 55 and older have no retirement savings, and many of them don’t have pensions,...
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How Is SSA Keeping Up at 80?
Eighty years after FDR signed it into existence, the Social Security Administration is managing one of the nation’s largest social safety nets. SSA oversees hundreds of billions in benefits paid to...
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Strengthening the Federal Workforce
The first week of May is Public Service Recognition Week, honoring the people who serve the country—and the public. It’s also a time for us to examine federal agencies and the Office of Personnel...
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401(k) Eligibility and Vesting Policies (podcast)
Millions of Americans depend on their 401(k) retirement plans to sustain them through their later years. It’s money they’ve been setting aside from their paychecks, and in some cases their employers...
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Reevaluating the Retirement System
How do you picture your retirement years? Spending time with your family? Maybe traveling a little? Everyone has dreams about what they want their post-work lives to be like, but for an increasing...
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Following the Paper Trail of Federal Retirement Processing
The Office of Personnel Management receives over 100,000 federal retirement applications each year. But the time it takes to process these applications can often be delayed. In fact, between 2014 and...
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