Browse Articles: Retirement
Examining Employment Trends and Countertrends
Many federal employees will be retiring soon according to some projections. Some of these retirees will want to work and some may have to work to increase their income. "The best news for you as a 50+ year old is this: Because of the upcoming retirement of the largest age bloc in America, labor shortages will actually begin to develop in virtually every type of conceivable labor category there is in our country. This development, in the future, will benefit all employees/self-employed men and women in the labor market."
Posted: April 11, 2008 | Full Story | Discuss this Article
A Shift Will Happen in the Future
The federal government is facing a "retirement tsunami" according to OPM and many future government employees may be much older than the college graduates that provide the government's traditional pool of talent. In fact, older workers may play a much more important role in our workforce in the next few years.
Posted: April 8, 2008 | Full Story | Discuss this Article
Remarriage, Federal Pension Benefits and Lawyers
Marriage, divorce, remarriage and federal retirement benefits are a volatile mix. The money available is finite, there is often considerable emotion involved, and someone is going to get more money while another person may get less. In this case, wife number one thought she should get the maximum survivor annuity from her former husband. And, in this case, wife number one is the winner.
Posted: April 1, 2008 | Full Story | Discuss this Article
CSRS Employees: Should You Deposit Money to Cover Temporary Federal Employment?
CSRS employees often ask themselves the following two questions about civilian service as they get close to retirement. "Should I deposit money to cover temporary time early in my career?" The answer may vary depending on your circumstances. Here is an explanation.
Posted: March 30, 2008 | Full Story | Discuss this Article
Social Security Board of Trustees: Some Improvement in Long-Range Financing Outlook but Deficits Continue
The Social Security Board of Trustees today released its annual report on the financial health of the Social Security Trust Funds. While the key dates for program costs exceeding tax revenues and Trust Fund exhaustion remain unchanged, the 2008 Trustees Report shows improvement in the projected long-term financial status of the Social Security program.
Posted: March 25, 2008 | Full Story | Discuss this Article
What Should All Retirees Know?
What should all retirees know? Here is your chance to give us your opinion on the topics you think retirees (or future retirees) need to know.
Posted: March 12, 2008 | Full Story | Discuss this Article
GPO and WEP Changes: Don't Hold Your Breath
Many CSRS and CSRS Offset employees and retirees get heartburn over the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) and would like to see these requirements changed. Don't hold your breath.
Posted: March 4, 2008 | Full Story | Discuss this Article
Take This Job and Shove It!
What happens to your federal pension benefits if you leave federal service before becoming eligible to retire? Be sure to read this before acting on an impulse to quit your federal job.
Posted: February 20, 2008 | Full Story | Discuss this Article
Protecting Your Retirement Income By Paying Lower Taxes
Do people choose where to live based on how much they will pay in taxes? Apparently they do--and it isn't just retirees that pay attention to tax rates. Here are lists of the most--and least--popular destination states for Americans on the move.
Posted: February 13, 2008 | Full Story | Discuss this Article
Taxing Retirees: Some States Will Give You a Break (And Some Won't)
Where is the best state for a federal retiree to live? It's a complex question with many considerations (such as family and friends) based solely on personal preferences. Some states will give you a tax break to encourage you to move there; others will get as much from your pocket as possible. Here is a list of some of the best (and worst) states for living after retirement.
Posted: February 11, 2008 | Full Story | Discuss this Article
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