Tag: Retirement

Retirement Claims Inventory Remains Flat Over Last Month

Filed in News by on June 5, 2016 Comments

The Office of Personnel Management received roughly the same number of new retirement claims in May as it did in April, however, because fewer were processed, the backlog of outstanding claims remained relatively unchanged.

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Accelerate the Tax Efficiency of Roth TSP Distributions

Filed in News by on June 1, 2016 Comments

The author describes a technique known as the “The Back Door Roth TSP Withdrawal” federal employees can use to accelerate their tax benefits in retirement.

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What Constitutes an ‘Eligible Child’ for Survivor Benefits?

Filed in News by on May 26, 2016 Comments

What is the definition of an “eligible child” with respect to receiving survivor benefits? The author provides some details of survivor benefits as they relate to children of federal employees.

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Buying Federal Civil Service Retirement Years for Academy Time Even If You Are Drawing an Active Duty Military Retirement

Filed in News by on May 12, 2016 Comments

There are circumstances under which former military members who subsequently work for the federal civil service short of a 20 years active duty military retirement can buy time for civil service pension accrual purposes.

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GAO: Majority of American Households Have No Defined Contribution Plan Savings for Retirement

Filed in News by on May 9, 2016 Comments

A recent study from the Government Accountability Office has found that a majority of working American households have no money in any type of defined contribution plan. How do federal employees compare?

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Expanding Withdrawal Choices and Investment Options Within the TSP

Filed in News by on May 8, 2016 Comments

The Thrift Savings Plan has announced that it will be adding more investment and withdrawal options to its lineup of funds. The author discusses the details of some of these proposed changes.

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OPM Makes Noticeable Improvement in Reducing Retirement Backlog in April

Filed in News by on May 5, 2016 Comments

OPM was able to process many more retirement applications in April than it received, helping to put a sizable dent in the outstanding backlog. Here are the latest figures.

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What is Worse Than No COLA? A Small COLA

Filed in News by on May 3, 2016 Comments

What are the prospects for a cost of living adjustment (COLA) in 2017 and what are the implications for federal retirees? The author looks at the current situation.

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