Tag: Retirement

Power Shift in Congress: What Does This Mean for Federal Employees?

Filed in News by on November 8, 2014 Comments

As a result of the Republican wave of victories in the mid-term elections, Congress will now be under the control of Republicans. What subjects of interest to federal employees are likely to arise as a result? Here are a few that are likely to impact the federal workforce.

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Phased Retirement : Will It Be a Reality in Your Agency?

Filed in News by on November 6, 2014 Comments

In theory, federal employees who are eligible can start applying for phased retirement on November 6. Some federal agencies are not yet implementing the program and they also have discretion not to implement the program at all.

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Retirement Claims Inventory Rises in October

Filed in News by on November 5, 2014 Comments

OPM received more retirement claims in October than it did in September which pushed the backlog of outstanding claims higher.

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COLA Announced for 2015: It’s 1.7%

Filed in News by on October 22, 2014 Comments

The COLA next year for many federal retirees and Social Security recipients will be 1.7%.

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2015 COLA for Social Security, Federal Retirees to be Announced This Week

Filed in News by on October 19, 2014 Comments

What will the COLA be in 2015? Here is a quick summary. The percentage will be less than the increase of the average FEHB increase next year.

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Preparing for Phased Retirement?

Filed in News by on October 16, 2014 Comments

As the phased retirement program is about to become a reality for federal employees, OPM has issued draft documents outlining procedures under the program.

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Pay Taxes on the Seed, Not the Harvest

Filed in News by on October 13, 2014 Comments

One advantage federal employees have when saving for retirement is the Roth TSP. A Roth investment allows you to pay tax on the seed (the smaller, starting investment) and reap the bounties (the investment plus growth/interest) tax-free. The author explains more about how this works.

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The Confluence of Factors During the OPM Disability Retirement Process

Filed in News by on October 6, 2014 Comments

Is there is a sensible approach in preparing, formulating and filing for OPM Disability Retirement benefits? The author offers some details about the application process.

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