Tag: Retirement

FedSmith.com Users Showing More Positivity Towards OPM’s Retirement Processing

Filed in News by on February 10, 2015 Comments

FedSmith.com users who have recently retired from federal service indicated some overall improvement in their dealings with the Office of Personnel Management and getting their retirement applications processed.

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OPM’s Retirement Backlog Surges in January

Filed in News by on February 5, 2015 Comments

OPM saw a massive spike in the number of outstanding retirement claims as evidenced by its latest retirement processing status report.

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3 Quirks About the TSP in Retirement

Filed in News by on February 4, 2015 Comments

The TSP has quirks when it comes to using your money in retirement. These quirks can catch most federal employees by surprise. If you plan to keep your money in the TSP after you retire, you need to understand how it works so you aren’t caught off guard.

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Constructing a Retirement Income Plan

Filed in News by on January 20, 2015 Comments

There are many factors to consider when constructing a strategy for retirement. Through the use of detailed examples, the author outlines some of the most crucial sources of income federal employees are most likely to have in retirement which they need to take into account when devising their own retirement income plans.

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Taxes Federal Employees Will Face in Retirement

Filed in News by on January 13, 2015 Comments

When a federal employee has retired, income taxes do not go away, they just change somewhat. Federal pensions, Social Security and distributions from the Thrift Savings Plan are all taxable to some extent. These are some taxes you can expect to incur in 2015 as a retired federal employee.

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OPM Reduces Retirement Backlog to Close Out 2014

Filed in News by on January 6, 2015 Comments

The Office of Personnel Management has released its latest monthly retirement processing status report. The figures show that OPM was able to reduce the outstanding backlog by 17%.

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Maximizing Retirement Benefits and Perks for Federal Employees

Filed in News by on January 6, 2015 Comments

Whether you are planning to retire soon or well into the future, you need to understand the retirement system and its benefits. The author provides an overview of the general eligibility requirements under FERS and also lists discounts available to federal employees and retirees.

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The Best of 2014

Filed in News by on December 29, 2014 Comments

What were the most popular articles on FedSmith.com in 2014? From the 2015 COLA to a 1% pay raise next year, here are the articles you read the most.

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