Budget impasse leaves agencies in limbo
The Washington Post Share
This is America, on the installment plan. For 177 days now, the longest period in 14 years, the U.S. government has operated without a budget. Congress is mired in a spending fight, with Democrats and Republicans arguing over what to cut from the budget and by how much. Each party sees its soul at stake. Absent an agreement to fund the government until the end of the fiscal year in September, Congress has passed six short-term stopgap measures, one after another. The current one lasts until April 8. More
Study shows long-term care is a 'major concern' for retirement planning
Senior Housing News Share
A study focused on retirement planning risks found that many of today's seniors are spending more time in retirement than in the years planning for it. The main concerns, according to the survey, relate to keeping the value of investments up with inflation, income varying due to changes in interest rates, the affordability of health care and long-term care, outliving assets and maintaining a reasonable standard of living. More
Health insurers urged to expand federal benefits
The Office of Personnel Management is calling on the companies that provide health care insurance to federal employees to improve the benefits available to plan participants. In a speech delivered at an America's Health Insurance Plans meeting on March 24, OPM Director John Berry said he expects carriers for the Federal Employees Health Benefits Program to provide expanded coverage and additional plan benefits, such as concrete incentives for federal workers to participate in wellness and prevention programs. More
15 exercise tips for people with type 2 diabetes
Exercise is safe — and highly recommended — for most people with type 2 diabetes, including those with complications. Along with diet and medication, exercise will help you lower blood sugar and lose weight. However, the prospect of diving into a workout routine may be intimidating. If you're like many newly diagnosed type 2 diabetics, you may not have exercised in years. If that's the case, don't worry: It's fine to start slow and work up. More
Divorce over 50: 3 mistakes to avoid
Boomers are divorcing at a historic pace. But whether in Hollywood or Hartford, Conn., getting divorced after 50 is plenty complicated, with rules and pitfalls that younger couples never have to consider. While the overall divorce rate has decreased slightly over the past two decades, for those over 50 it has doubled, according to the latest data from the National Center for Family & Marriage Research at Bowling Green State University. More
7 resume tips for older workers
The Street Share
While it's true a smaller percentage of older workers are unemployed compared with young people, the ones who do find themselves out of work may have a harder time finding another position. Older workers tend to require higher salaries — thanks to a career's worth of experience — than younger workers who are relatively new to the job force, but they're also faced with a job market and skill set that has evolved dramatically during the past few years. The biggest question boomers may have when they set out to revamp their resumes is whether they should try to mask their age. The answer, according to our experts, is a bit nuanced. More
Why Pennsylvania appeals to retirees
Bloomberg via Financial Advisor Share
While suffering through another snowy winter in Bethlehem, Pa., in February, Dolores Pohl said she'd sometimes wonder how nice the Florida sunshine would feel on her face. Then the 59-year-old would consider more basic needs and go back to shoveling. Pohl and her husband are among a growing number of Pennsylvania residents who have forsaken thoughts of a Sunbelt retirement because the benefits in their home state are so generous, population-trend experts say. Pennsylvania, which has the third-largest percentage of residents older than 65 in the United States, saw its under-18 population decline in the last decade, according to U.S. Census Bureau figures recently released. More
Expedia launches Expedia Rewards loyalty program
USA Today Share
Expedia recently launched a comprehensive loyalty program designed to keep customers returning to the giant online agency instead of booking travel through rival airline, hotel and online travel agency sites. The new program offers customers the chance to earn one to four points per every $1 spent on hotels, flights, package trips and activities purchased on Expedia.com. More
Is coupon clipping a waste of time?
Ever wonder if coupon clipping is worth the time? While it can save extra dollars and cents, it can also cost time and effort. So, is it worth it? Some say we should just wait for sales and buy in bulk, then coupon clipping can be avoided altogether. Here's a quick guide on how to assess if it's worth your time. More
A NARFE member asks about new rules in the federal life insurance program
Question: I am considering retiring in the near future, and my FEGLI benefits are part of my financial planning. I understand that some changes have recently been announced. Do they affect me? More
NARFE calls bill to eliminate pensions for new federal hires 'another unfair and unwise attack' on federal employees
NARFE President Joseph A. Beaudoin called a bill (S. 644) introduced in the Senate that would eliminate pensions for new federal employees "another unfair and unwise attack on federal employees at a time when the country desperately needs a high quality and vigilant work force." While some politicians claim that federal pensions are unsustainable, Beaudoin said that "in actuality, the federal pension program is fully funded, actuarially sound and paid for largely by federal employees themselves." More
NARFE members eager to use retirement benefits calculator
NARFE's new three-part online financial planning program is fast becoming one of the Association's most popular member-only benefits. Of particular interest is the easy-to-use federal retirement calculator that allows employees to estimate their federal retirement annuity, Social Security and Thrift Savings Plan benefits. Another popular module allows employees and retirees to project their household's financial future. These calculations go beyond federal benefits to include other savings and investments, as well as expenses. Check out all that the program has to offer. More
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The National Active and Retired Federal Employees Association is the only organization dedicated solely to protecting and enhancing the health care and retirement benefits of federal employees and their survivors.
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