Your Federal Life -- January 15, 2025

Federal employees, and to some extent all public servants, are wondering precisely what the next few days an months will bring. Lots of questions of a practical nature, like when will new Social Security benefits flow under repeal of old limitations. And, what happens Monday when Donald Trump re-enters the oval office. I got some informed speculation from the staff vice president of the National Active and Retired Federal Employees Association, John Hatton.

Federal retirees are pouring hundreds of millions of dollars a year into an annuity offering at the Thrift Savings Plan. What is it, and why is it so popular? I got the lowdown from certified financial planner Art Stein of Arthur Stein Financial.

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