Not THIS OOMA, that OOMA.
Not THIS OOMA, that OOMA.

About a week ago I logged in to my OOMA Premier account to ‘Blacklist’ a number that kept calling our house during dinner time.  As I was editing the call logs, I noticed there was an option to click a radio button to use NoMoRobo to run the OOMA Blacklist automatically: Continue reading


StupidPetTricksTSP

Happy Memorial Day!

Since the Thrift Savings Plan (TSP) might soon be the cornerstone of the Military Retirement System, I though I’d take some time to highlight some of the attempted shenanigans taking place with the TSP.

I say attempted because it literally takes an act of Congress (that’s the entire Congress) to alter the TSP’s charter/regulations.  This is by design, because the TSP is deliberately designed to be apolitical and avoid the business of picking winners and losers.  This prevents a Congressman/Senator from creating a fund designed to funnel federal employee retirement savings to his or her district/state/pork project.

Enter Congressman Don Beyer (D-VA).   Continue reading


DigitalPiggyBank

Recently the Labor Department posted a draft of proposed revisions to the Employee Retirement Income Security Act (ERISA).  The purpose of the revision is to ensure that any finance professional who solicits or administers your Retirement Plan must act in a ‘Fiduciary’ capacity, disclosing in the contract how they are compensated- And notifying you of any Conflicts of Interest they have in administering your IRA (or Qualified Plan).

This is a much-needed change.  Look at the DOL’s graph of retirement assets by plan type (IRA, 401k, or Pension) over the past 30 years: Continue reading


DigitalPiggyBank

I’ve written before about ways to navigate the rules for making TSP Withdrawals after Separation from Federal Service. Unlike an IRA (or most employer-sponsored 401k plans) the Thrift Savings Plan (TSP) has strict rules on when and how you may withdraw from TSP – Each one of these TSP Withdrawal events is like using up a ‘Silver Bullet’ from your retirement savings arsenal.

I’ve read many posts here lamenting how inflexible TSP is in allowing withdrawals.

Faithful Gubmints readers, know that there are technically FOUR ways to perform partial withdrawals from your TSP Account. Continue reading