Your Turn with Mike Causey

Are you one of hundreds of thousands of federal workers who could retire tomorrow if you wanted to?

What if Uncle Sam made you a once-in-a-lifetime cash offer you couldnt refuse. And what if that payment, now $25,000, was bumped up by $15,000?

Does the possibility of a $40,000 buyout however remote tempt you to hang on to see what happens?

The good news is that the Senate may (as in MAY, MAYBE, MIGHT) consider and pass legislation that would raise the maximum for all government buyouts to $40,000. Currently, only Defense can offer feds that much money to take regular or early retirement. Other agencies are limited to $25,000 which, after all those deductions, doesn't have the buying power it did in the 1990s.

Although buyouts are out there, the odds that you personally will get a $25,000 to $40,000 payment to leave are slim and none. You can wait, and hope, and maybe, just maybe get lucky. But the deck is stacked against you.

Congress and the White House are considering several proposals to slim down or eliminate portions of the federal retirement program. Will they pass and if so, how will they affect you? Find out when NARFE Legislative Director Jessica Klement joins host Mike Causey on this weeks Your Turn. September 13, 2017

The biggest gains federal worker and retiree investors have made in their Thrift Savings Plan accounts have come from the stock-indexed C, S and I funds. But whats an index and whats an index fund. And why do you need them in your portfolio? Check out the Your Turn with Mike Causey program featuring financial planner Arthur Stein.

Are you planning to retire soon or leave your federal job? What happens to your benefits? Find out when benefits expert John Grobe joins host Mike Causey on this weeks Your Turn. July 26, 2017

This week on Your Turn, financial planner Arthur Stein tells feds and retirees what, if anything, they should be doing now with their Thrift Savings Plan accounts.

Are you planning to retire soon or leave your federal job? What happens to your benefits? Find out when benefits expert John Grobe joins host Mike Causey on this weeks Your Turn. July 26, 2017

How things are going for the SES and SEA.