Pay freeze extension introduced; NARFE issues call to action
Legislation (H.R. 273) has been introduced in the House of Representatives to extend the federal employee pay freeze for the remainder of 2013. Yet again, House lawmakers are using federal employees as scapegoats under the guise of deficit reduction. Current and retired federal employees have been repeatedly singled out for sacrifice. NARFE President Joseph A. Beaudoin is urging NARFE members to tell Congress, enough is enough! "Amid general consensus that there must be shared sacrifice," says Beaudoin, "federal employees have already contributed $103 billion for deficit reduction. All NARFE members must oppose further targeting of our community."
A new action letter opposing this specific piece of legislation has been drafted for your use. Please click here to send this message to your representative today. Federal employees are counting on you!
Question: Will the Office of Personnel Management (OPM) calculate the tax-free portion of my annuity and include the information on my 1099-R? I don’t understand why this is referred to as tax-free money. More
EITC Awareness Day Friday, Jan. 25
Did you know that workers eligible for EITC, Earned Income Tax Credit, can receive up to $5,981 by claiming the credit on their 2013 federal tax returns? They can receive even more if they live in a state with a similar credit. Think of the financial boost EITC provides working people and the impact that influx of cash brings to your local economy. What's amazing is there are potentially eligible people who miss this credit because they don't file a federal tax return! Four out of five people claim and get the EITC they earned, but that leaves millions of people who miss boosting their income by claiming EITC. If you worked and earned under $50,000, find out if you are eligible for EITC. See if you qualify here.
Federal employees face crucial questions in Obama's second term
The Washington Post Share
President Barack Obama begins his second term with a solid series of accomplishments related to the federal workforce but with more crucial questions facing federal employees than at any time in the past four years. He didn't mention federal workers specifically in his inaugural address, but he closed with words that could have a special meaning for them: "With common effort and common purpose, with passion and dedication, let us answer the call of history, and carry into an uncertain future that precious light of freedom." More
Bill would allow Uncle Sam to fire federal tax cheats
Government Executive Share
A House lawmaker has reintroduced legislation this week that would allow the government to fire federal employees who fail to pay their taxes. Jason Chaffetz, R-Utah, has revived a bill he shepherded through the House during the 112th Congress. The legislation passed the House last summer in a bipartisan vote, but the Senate never took it up, so it died. More
Fiscal issues put federal workers in crosshairs — again
The Washington Post Share
Uncle Sam's precarious financial situation means one crisis after another for his staff. The latest indication of this came from President Barack Obama, the boss in chief, at a news conference recently. If Congress doesn't raise the nation's debt ceiling, which limits the amount Sam can borrow to pay his bills, Obama made it clear that federal employees will be among those who suffer. More
Protecting retirement income: How much?
Market Watch Share
Deciding whether you have enough money to retire can be a difficult and stressful process for many. Have too little money, and you risk running out when it's too late to recover. Having "too much" money is probably a nicer problem to have, but it's still a problem — it means you may retire later than you could have, or finding out you constrained your lifestyle more than you needed to. More
Cardiologist's advice on how to prevent heart attacks and stroke
The Toronto Star Share
A man suddenly clutches his chest, feeling the weight of an elephant pressing on him, then keels over in pain. Doctors refer to this as a Hollywood heart attack. But for many, the signs aren't so dramatic. The symptoms may not even be sudden or severe. There may be chest discomfort that can feel like a squeezing or burning sensation. There may be pain radiating through the upper body, below the nose and above the navel. And there may be nausea, shortness of breath, a feeling of lightheadedness and a cold and clammy feeling. Understanding how your ticker works — and what can go wrong with it — is essential knowledge for everyone, especially those who have heart disease or are at risk of developing it. More
Ten steps to starting your own business
Are you finally ready to start your own business? Was your New Year's resolution to open a small business, begin a new venture? If so, you're probably wondering where to start. This article covers some essential steps. More
Six ways to keep learning in retirement
Market Watch Share
Jack Tatar is the author of the book, 'Safe 4 Retirement: The Four Keys to a Safe Retirement' which takes a holistic approach to retirement. He offers six ways in which learning in retirement can bring joy and happiness to retirees. More
The 46 places to go in 2013
The New York Times Share
From art in Rio de Janeiro to wine in China to food in Washington, D.C., here are dozens of reasons to escape and explore this year. More
Scam artists using Facebook to target grandparents
If you use social media to stay in touch with your grandchildren, beware — crooks could be watching you watch them. As CBS 2's Rob Morrison reported, Facebook is the latest tool being used by con men in a grandparents’ scam. More
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