By Beth Perry, Federal Retirement Thrift Investment Board
A major benefit of the Blended Retirement System (BRS) is the free money you can now get from your service. Each time you contribute to your Thrift Savings Plan (TSP) retirement account, your service will match it, up to 5 percent of your pay. But your contributions are not automatic if you opted into BRS – they don’t happen unless you choose to make them. And if you skip that important step, you risk missing out on hundreds of dollars in matching this year alone.
Spring break vacations can help make these last few chilly weeks feel much more tolerable. While prices might be lower than during summer months, it still requires a decent amount of funds to jet-set off to an exotic location, especially if you have children. To help you stay on track with longer-term savings goals, we’ve compiled some tips and ideas on how to save on spring break while still getting the retreat that you and your family deserve.
Fake debt collection, identity theft and imposter scams are topping the list of fraud reported in 2017. There were nearly 350,000 reports of imposter scams last year, which resulted in $328 million unrightfully paid to individuals posing as loved ones, government officials and more, according to the Federal Trade Commission.