Retirement

Examining OPM's Deferred Resignation Program: Pros, Cons, and Risks
Benefits & Compensation Examining OPM's Deferred Resignation Program: Pros, Cons, and Risks

The federal government has recently introduced a deferred resignation program for federal employees, a move that has sparked considerable discussion and debate. This program, rolled out by the Office of Personnel Management (OPM), aims to provide a structured exit strategy for federal employees

February 3, 2025
Workers Grapple with Inflation, Low Morale, and Job Market Volatility
Benefits & Compensation Workers Grapple with Inflation, Low Morale, and Job Market Volatility

As rising inflation continues to strain the financial stability of workers, the struggle to maintain basic living standards has become a significant concern for many. An increasing number of employees are finding it challenging to cover essential expenses, with salaries failing to keep pace with

January 28, 2025
How Are New RMD Regulations Changing Your Retirement Planning?
Regulatory & Compliance How Are New RMD Regulations Changing Your Retirement Planning?

The latest changes in IRS Required Minimum Distribution (RMD) regulations signify a pivotal shift that could greatly influence retirement planning for many Americans. These updates, aimed at reflecting longer life expectancies and more flexible compliance measures, promise both opportunities and

January 27, 2025
Will Canada's Conservatives Shift Federal Pensions From DB to DC Plans?
Benefits & Compensation Will Canada's Conservatives Shift Federal Pensions From DB to DC Plans?

With Prime Minister Justin Trudeau's resignation and the possibility of an upcoming election, much speculation arises regarding the potential impact on pensions under a Conservative (Tory) government in Canada. The Conservative party's strong standing in the polls further fuels

January 14, 2025
Key Social Security Changes Affecting Benefits and Taxes in 2025
Benefits & Compensation Key Social Security Changes Affecting Benefits and Taxes in 2025

As the new year begins, several important updates to the Social Security program come into effect. These changes impact a wide range of beneficiaries, from retirees and high earners to workers with disabilities. Understanding these updates is crucial for both current and future beneficiaries as

January 3, 2025
How Will UK's Proposed Pension IHT Changes Impact Estate Planning?
Benefits & Compensation How Will UK's Proposed Pension IHT Changes Impact Estate Planning?

The UK government's proposal to subject unspent pensions to inheritance tax (IHT) starting April 6, 2027, has sparked significant debate among industry experts. This potential change could disrupt many aspects of financial planning, leading to complications and increased costs for savers. This

January 2, 2025
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