Tammy Flanagan

1 week ago | govexec.com | Tammy Flanagan

Skip to Content Insights & Reports To say that the mood surrounding planning for retirement has taken a stressful turn over these past few months would be an understatement.  For many employees, the rules surrounding the notices offering a voluntary and, in some cases, involuntary, premature ending of a federal career have been confusing to say the least.

2 weeks ago | govexec.com | Tammy Flanagan

Are you one of the many employees being offered early retirement who are still years away from their Minimum Retirement Age (MRA) which is age 57 if you were born in 1970 or later? If so, you may be feeling worried and unsure about whether you should accept the current offer (if there is one) or to wait it out to see what happens next.   Many agencies are offering early retirement or a second chance at accepting a “deferred resignation” offer.

3 weeks ago | govexec.com | Tammy Flanagan

With so many federal employees facing an unexpected end to their federal careers, it might be a good time to go over some of the tax rules. Paying taxes is necessary, however, paying a tax penalty should be avoided. Learn the rules BEFORE you take a taxable distribution that you might later regret and be aware that there are limits on how much you can save in a tax-favored account.

4 weeks ago | govexec.com | Tammy Flanagan

Skip to Content Insights & Reports This week I try to address some of the questions that have been raised during these unusual times for federal retirement planning and decision-making. There have been a lot of questions from employees who are retiring with eligibility for MRA+10 retirement as well as  some about the basics of the retirement process.

1 month ago | govexec.com | Tammy Flanagan

This column has celebrated Women’s History Month in past years where I’ve highlighted some exceptional women who made contributions to advance retirement benefits and financial security throughout history. For example, in 2022 I wrote 4 Women Who Shaped Modern Retirement, which celebrated notable women in the history of our modern retirement programs.