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The FUNDamental
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September Milestones
Congratulations to BFO Team Members celebrating anniversaries & personal milestones!
 
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Happy Birthday

Carleen A. BTF • Donna B. BTF • Deonte H. OS • Jameil R. PEN • Jonathan Y. ACCT •

Joseph P. PEN • Kathy T. PEN • LaTonya D. BTF • Paula C. PEN • Racquel S. HR •

Samiah P. ACCT • Tangela S. PEN • Tiffany B. CS • Tim M. OS • Yolanda M. EXEC

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Happy Anniversary

Barbara G. PEN • Trang N. IT •

Jameil R. PEN • Jayla G. OS •

Lakisha B. PEN • Latoya O. CS •

Lauren C. ACCT • Lisa F. PEN •

Lovely E. ES • Schuyler M. PEN •

Sergio C. EDU • Stephanie R. BTF •

Sue P. ES • Tiffany S. PEN

 

Courtney S. PEN • Damon F. CS •

Dan S. ES

Damien A. EDU • Helen B. ACCT •

Kristina W. PEN • Sonya B. PEN

Dawn J. IT • Monica F. BTF

 

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Welcome to the BFO

Velvet D. BTF • Jessica E. ES

Congratulations to the group

and individual winners of the

Team Weight Loss Challenge

hosted by our Employee Engagement Team

 

1ST Team 1 – lost a combined 3.2% of weight

2ND Team 2 – lost a combined 2.5% of weight

3RD Team 3 – lost a combined 1.8% of weight

 

Keep up the great work to everyone who took part this year!

Join the challenge next year for fun, prizes, and bragging rights!

Managing for a Lifetime of

Financial Growth

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You probably will experience several major events in your life that can make it more difficult to start or keep saving toward retirement and other goals. The key is to have a clear plan, to stay focused on your goals, and to manage your money so that life events don’t prevent you from keeping on target.

 

Women face challenges that often make it more difficult for them than men to adequately save for retirement. In light of these challenges, women need to pay special attention to making the most of their money.

  • Women tend to earn less than men and work fewer hours.
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  • Women stay at jobs for a shorter period of time, work part time more often, and interrupt their careers to raise children. Consequently, they are less likely to qualify for company-sponsored retirement plans or to receive the full benefits of those plans.
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  • On average, women live 4 years longer than men, and thus need to build a larger retirement nest egg for themselves.

  • Some studies indicate women tend to invest more conservatively than men.
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  • Women tend to lose more income than men following a divorce.
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  • Women age 65 or older are 43 percent more likely than men age 65 or older to live on an income below the poverty level.
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    For more information, call the Employee Benefits Security Administration at 1-866-444-3272 and ask for the booklets: Women and Retirement Savings; Taking the Mystery Out of Retirement Planning; and QDROs: The Division of Retirement Benefits through Qualified Domestic Relations Orders (for example, divorce orders). Also visit the Social Security Administration’s website to order their booklet What Every Woman Should Know.

Click below for more suggestions for saving for retirement while financially managing common

life events that could affect anyone in this excerpt from the DOL’s Savings Fitness:

A Guide to Your Money and Financial Future.

Read More

Compliance Mailings

There are no mailings this month.

NATIONAL HISPANIC

HERITAGE MONTH

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Each year, Americans observe National Hispanic Heritage Month from September 15th to October 15th, by celebrating the histories, cultures, and contributions of American citizens whose ancestors came from Spain, Mexico, the Caribbean and Central and South America. September 15th is significant because it is the anniversary of independence for Latin American countries Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. In addition, Mexico and Chile celebrate their independence days on September 16th and September 18th, respectively.

This year’s theme, Latinos: Driving Prosperity, Power, and Progress in America, will focus on recognizing the significant strides of Hispanics in the economic, political, and social growth of the U.S.

September is Healthy Aging Month!

Great oral health habits can help you keep your smile for a lifetime. Click here to learn why strong oral health care is an important part of maintaining your overall health as you age.

Local events in the area
 
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Occoquan Fall Arts & Crafts Show

Step into fall with shopping, food and fun, all weekend long, September 23rd – 24th! Hosted on the streets of Historic Occoquan, the Fall Arts & Crafts Show will feature two packed days of a wide range of 250 makers and creators in over 20 categories. Indulge in festival fare and enjoy live music in the Beer & Wine Garden and stop by Imagination Alley to create your own art at the Art Bar!

More Info
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Opera in the Outfield®

Washington National Opera continues Opera in the Outfield® with Puccini’s beloved La bohème on Saturday, September 30th at Nationals Park. Activities for the entire family begin at 5 p.m., then view the opera in HD on the scoreboards at 7 p.m. Free seating will be available on the outfield grass (weather permitting) and in the stands.

More Info

 

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Maryland Restaurant Week

Maryland Restaurant Week kicks off its fourth year on September 15th. For ten days, all counties and all restaurants come together to celebrate and support the industry. The dining public is invited to enjoy these Maryland Restaurant Week-specific specials until September 24th. To find participating restaurants click the “More Info” button below.

More Info

Washington Nationals Home Games: Please be mindful of increased vehicle and pedestrian traffic during home games scheduled: September 1st – 3rd, 5th – 6th, 8th – 10th, and 18th – 24th.

DC to Host 4th

World Cultural Festival

September 29th through October 1st, experience the celebration of the decade on the National Mall! Enjoy live music filling the air, from hip hop to the classics to world music. You’ll find whirling dervishes spinning to eternity & the stomps of flamenco dancers awakening the soul. All while

a food truck bonanza offers countless dishes to savor. Join thousands unified in a yoga flow. Tap into joy, peace, and community.

Reserve your free passes here!

Employee Spotlight!

Click here to recognize a BFO Team Member who exemplified “Gold Standard Service”!

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September 2023 Edition