Immediate vs. deferred retirement, the three-day rule, and why the last day of the month often makes the most sense.

From catch-up contributions to required distributions, federal employees face key ages that can shape retirement income, ...

Retirement is a journey built over decades, not a sudden event. For U.S. federal workers, understanding programs like the Thrift Savings Plan (TSP), FERS benefits, and Social Security is crucial for a ...

Federal employees in the U.S. must strategically plan their retirement, leveraging key age milestones to optimize savings and ...

This simple framework is reshaping how retirees plan their income, but is it right for you? Here's what to know.

Saving for retirement isn't what it used to be. The deck is stacked against Gen Z in some crucial ways. The system is broken, ...

Tens of thousands of government workers are preparing to leave the federal workforce Tuesday, the final day for many who took ...

According to the Congressional Budget Office, raising the retirement age from 67 to 69 would cut lifetime benefits by up to 13 percent for those born after 1971. The Committee for a Responsible ...

Right now, for people born in 1960 or later, the full retirement age (FRA) is 67. That means if you wait until 67 to claim ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If retirement has been on your mind lately, you’re not alone. A record number of Americans are hitting retirement age this year, and it’s clear that rising living expenses and health care costs are ...

You've spent decades contributing to a tax-advantaged retirement savings account. Now, for one reason or another, you want to withdraw your money. Maybe a medical issue has pushed you into early ...