Tag: Retirement

10 Critical Coordinates for Navigating FERS Retirement (Part 2)

Filed in Headlines, News by on July 26, 2016 Comments

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.

Continue Reading »

Bleak Outlook for 2017 COLA

Filed in Headlines, News by on July 25, 2016 Comments

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.

Continue Reading »

10 Critical Coordinates for Navigating FERS Retirement (Part 1)

Filed in News by on July 18, 2016 Comments

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.

Continue Reading »

Federal Retirees Need To Tighten Belts While Current Employees Expect To See Pay Increases

Filed in News by on July 13, 2016 Comments

A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.

Continue Reading »

Turning Your TSP Into an Income Stream

Filed in News by on July 12, 2016 Comments

Turning accumulated savings in the Thrift Savings Plan into a stream of income is a goal for federal employees who are hoping to retire at a comfortable level. The author looks at choices federal workers have both inside and outside of the TSP to generate retirement income.

Continue Reading »

OPM Makes Slight Improvement to Retirement Backlog in June

Filed in News by on July 5, 2016 Comments

OPM was able to process more applications than it received in June to make a slight reduction in the outstanding backlog of retirement applications.

Continue Reading »

NARFE Responds To Proposed Postal Reform Legislation Requiring Mandatory Medicare

Filed in News by on June 29, 2016 Comments

The National Active and Retired Federal Employees Association has sharply criticized plans by the House of Representatives Committee on Oversight and Reform to require postal retirees, their spouses and survivors to enroll in Medicare Part B or forfeit their coverage in the Federal Employees Health Benefits Program.

Continue Reading »

CSRS Offset and Social Security: How Will Your Annuity Be Calculated?

Filed in News by on June 26, 2016 Comments

Federal employees covered under CSRS Offset have special considerations when it comes to collecting Social Security in retirement. The author describes how this works and provides some real life examples based on a hypothetical scenario.

Continue Reading »

Free Email Updates

Sign up for our free email updates to get our latest news sent directly to your inbox
  • Get our latest news in your inbox each business day
  • More news from your FedSmith.com authors
  • Get the day's closing prices for the TSP funds
  • Get notified via email when new videos are posted