As you surely know, one of the most valuable benefits of federal employment is the prospect of a guaranteed stream of income in retirement. That is, a pension (annuity). At the same time, you might ...

Jeanette Beebe is an experienced journalist, fact-checker, and audio producer covering personal finance, retirement, science, business, medicine, technology, and the arts. Her reporting has appeared ...

In a potentially precedent-setting case, a federal court ruled that the Pennsylvania Department of Public Welfare (DPW) cannot include a spouse’s $250,000 single premium immediate irrevocable annuity ...

Federal Retirement Thrift Investment Board, Washington, rehired Metropolitan Life Insurance Co. as provider for the $628 billion Thrift Savings Plan's annuity program. The annuity contract is for a ...

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Learn how a Court Order Acceptable for Processing (COAP) divides federal benefits, including retirement and survivor annuities, for ex-spouses or dependents of U.S. federal employees.

The Securities and Exchange Commission said Monday that it has charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift ...

At the state level, Arkansas taxes lottery winnings as ordinary income. With the state’s top marginal income tax rate at 3.9% ...