The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Government Employee (FERS) Retirement Date:  9/2/1999  3:00 PM
Author:  MadMarcus Number:  13627 of 100984

Anyone else out there in the same boat as me? That is being a federal employee in the federal employee retirement system?

It seemd that the guv-mint treats us like 2nd class citizens. I'm limited to 10% of base pay in my FERS account(read 401k for non-feds) while, in the free world the limit is $10,000. So I can ony contribute 1/2 as much to my own retirement as someone in private industry.

Any comment on 1/3rd of our retirement being based on social security? Really think it's gonna be there?

Any comment on high management fees charged by the management organization?

I've set up a roth IRA, anyone else?

Just a few comments for the civil servants out there.
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us