Category: Federal Retirement

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Here’s What’s Up with Federal Benefits in July

Pinnacle Personnel Services LLC  |  Debbie Hatch   This year has been so odd.  It seems like it’s flying by – it’s July! – but it also feels like it’s already lasted for ten years already.  Just me? REMINDER:  taxes are due on the 15th.  If you haven’t done them yet (hello, mirror) you may

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Management of the Federal Government’s Thrift Savings Program

Pinnacle Personnel Services LLC  |  Debbie Hatch The Federal Retirement Thrift Investment Board was established as an independent agency of the US government by the Federal Employees Retirement System Act of 1986.   Five Presidential-appointed members, together with an executive director, all administer the TSP on behalf of the plan’s 5.9 million participants.  Once nominees

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What’s Up in April 2020?

Pinnacle Personnel Services, LLC  |  Debbie Hatch One thing has remained constant – my coffee.  To be honest,  I’m struggling a little with this “working from home” stuff.  I have no schedule.  There’s no definitive time for me to work but – and maybe more importantly – there’s no definitive time to stop working.  Some

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November’s Newsletter

Pinnacle Personnel Services LLC  |  Debbie Hatch Hello friends, In addition to expressing my hope that you’ve had a blessed Thanksgiving, this month’s newsletter strives to do a couple of things. First, ensure you are finishing up your research on open season benefit changes. Second, to urge you to take care of your health, wealth,

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Caveat Emptor: Consumer (of Information in this case) Beware

Pinnacle Personnel Services, LLC  |  Debbie Hatch Caveat emptor is latin for “buyer beware”. I think it can apply to more than financial purchases though.  Today I’m using it as a warning for the information we consume. If I were going to give you one single bit of advice about your retirement, it would be

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October 2019 Update on Federal Benefits

Pinnacle Personnel Services LLC  |  Debbie Hatch   It is the 30th of October.  If I’m writing a newsletter this month, it’s time to get it done!  I’ve been traveling back-to-back-to-back-to-back.  You get the idea.  I was home for the weekend after three weeks on the road.  Prior to that, I was home for 36

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No More Prohibition on Hardship Withdrawals

Pinnacle Personnel Services  |  Debbie Hatch If you’ve attended any of my classes, you’ve heard me talk about In-Service Withdrawals from the Thrift Savings Program.  These options allow you to remove some of your TSP while you’re still working.  We have an Age-Based at 59 ½ years old or older, and a Hardship Withdrawal which

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Important Retirement Updates for 2019

Pinnacle Personnel Services, LLC  |  Debbie Hatch It’s that time of the year.  We are rapidly approaching the end of 2018.  I’m not one to make New Year’s resolutions but I do always set new goals and make plans. I’m updating all of my class books and plan to work with an editor for my

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Is This the Retirement Tsunami They’ve Forecasted?

Pinnacle Personnel Services LLC  |  Debbie Hatch It’s been forecasted for a number of years.  Is this it?  Is the federal retirement tsunami upon us?  Certainly, numbers have been up. Through the first nine months of this year, the Office of Personnel Management (OPM) has received 85,308 retirement claims, almost 9,500 a month.  Last year, at

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