FERS 3-Legged Stool vs FERS Recliner: Where Will You Sit?
The author outlines key components of the FERS system you will need to have a successful retirement.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
The author outlines key components of the FERS system you will need to have a successful retirement.
I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?
How do you determine how much money you will need in retirement? A lot depends on the retirement lifestyle that you desire. The author discusses the “80% rule” and how it applies to giving you the lifestyle you desire to have in retirement.
OPM’s backlog of retirement applications grow by 15% in July. A quick look at some historical data reveals that this was a predictable event.
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In his final article in this three part series, the author discusses actions federal employees in the FERS system should take to best utilize the benefits available to them to prepare for a successful retirement.
These are some questions and answers that cover basic facts about FEGLI as well as considerations for federal employees who may be wondering what actions they should take during the upcoming open season.
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In the second article in the series, the author discusses actions federal employees should take to help them prepare for a successful retirement.
The outlook for federal retirees and Social Security recipients for an increase in income in 2017 is bleak. For the average Social Security recipient, next year’s COLA increase is unlikely to be over $5.00 per month.
I am at most four years away from retirement and am worried about another stock market decline along the lines of 2008 in light of events such as Brexit and the upcoming elections. Should I stick with a more moderate/aggressive investment approach in my TSP or move into something less risky?
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? The author outlines several key points that federal workers in this system should be aware of to make the most of their benefits for planning a successful future retirement.