Tag: Retirement

Have You Taken Your Minimum Required Distribution?

Filed in News by on March 8, 2009 Comments

If you have not already taken a minimum required distribution (MRD) from your Thrift Savings Plan (TSP) or your Individual Retirement Account (IRA) for 2008, you must take it by April 1, 2009.

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Federal Retirees and That 2010 COLA Increase

Filed in News by on February 24, 2009 Comments

How much of a cost of living adjustment will federal retirees see in 2010? Perhaps there will not be one. That has not happened before but we are in unusual economic times.

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$250 Tax Credit or Payment for Federal Retirees

Filed in News by on February 19, 2009 Comments

Now that the economic stimulus package has been passed into law, the bill has actually been printed and organizations and going through it to find out what this new law contains. Federal retirees will be eligible for an additional $250.

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What is the Special Retirement Supplement (And Does it Apply to You)?

Filed in News by on February 19, 2009 Comments

Some people under the FERS system may qualify for the Special Retirement Supplement. It only applies to employees who meet certain qualifications. Author John Grobe explains what it is and how it works–and offers advice that will be useful to any federal employee on planning for retirement.

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68 Years of Government Service

Filed in News by on February 6, 2009 Comments

Most readers were not born in 1941. This long-time federal employee was just starting out in a federal career that spanned more than 6 decades.

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Proposal to Change the FERS Retirement System

Filed in News by on February 5, 2009 Comments

A bill has been introduced to allow former federal employees covered by FERS to return to the federal government and restore their credit for prior service by redepositing money they took out of their federal annuity account.

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Will Your Spouse Get a Survivor’s Benefit?

Filed in News by on February 4, 2009 Comments

Will your spouse get a survivor’s benefit from your civil service annuity? In same cases, you may be surprised to find that the answer is “no”. A group has asked OPM to notify all Civil Service Retirement System participants about a provision that is unknown to many and that could result in a spouse not getting this important benefit.

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IRAs and Your Retirement

Filed in News by on January 30, 2009 Comments

The are different types of individual retirement accounts (IRA’s) and the requirements for investing in them are different. Here is an explanation.

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