Tag: Retirement

What Would a Ryan House Speakership Mean for Federal Employees?

Filed in News by on October 27, 2015 Comments

What might a House of Representatives led by Paul Ryan look like for federal employees? The best way to answer this question is to look at the history of proposals Ryan has advocated that pertain to the federal workforce.

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Medicare If You Work Past the Age of 65

Filed in News by on October 25, 2015 Comments

An individual who reaches the age of 65 becomes eligible for Medicare. However, if at the time they become eligible for Medicare, they are working at a job that provides them with health insurance, they will not be subject to the 10% Medicare Part B late enrollment if they enroll in Medicare Part B later than age of 65, as long as they enroll within the eight months after they retire.

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TSP Contribution Limits Unchanged in 2016

Filed in News by on October 22, 2015 Comments

The Internal Revenue Service has announced the annual contribution limits for the Thrift Savings Plan and other similar retirement/pension plan contributions for 2016, most of which are unchanged from 2015.

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Legislation Introduced to Provide a 2.9% COLA in 2016

Filed in News by on October 21, 2015 Comments

Legislation has been introduced in the House to give federal retirees and Social Security recipients a 2.9% COLA in 2016.

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Smart Money Moves for Feds

Filed in News by on October 20, 2015 Comments

Federal employees work in many different fields and enjoy a variety of benefits as part of the work they do. The author presents several tips for federal workers to help strengthen their personal financial situations as they progress through their careers and work towards retirement.

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TSP or Not TSP? THAT is the Rollover Question!

Filed in News by on October 15, 2015 Comments

In the third article in his series on federal retirement, FedSmith.com author Randy Silvey addresses one of the most common questions he has received from FedSmith.com users: “Should I roll my TSP over to an IRA after leaving federal service?”

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What are the Options For Stopping A Rise In Part B Premiums?

Filed in News by on October 14, 2015 Comments

Without immediate action by Congress or the administration, a combination of economics and law may lead to Medicare Part B premiums rising as much as 52%. The author looks at some different ways the government could potentially prevent this from happening.

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Your COLA Increase in 2016 Will Be: Zero

Filed in News by on October 12, 2015 Comments

It isn’t official yet, but there will not be a cost of living adjustment in 2016. Adjust your budget accordingly.

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