The Social Security earnings test will affect any Social Security recipient from the age of 62 until they reach their Social Security Full Retirement Age (FRA). For every dollar earned above the earnings test amount, there is a reduction to an individual’s FERS Supplement or Social Security.
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.
Do you want to ensure that you spouse remains covered by FEHB after your death? Then you want to elect some level of survivor benefit for your spouse at the time you retire. The author describes some considerations for choosing a survivor benefit.
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.
What tax related documents do you need to keep, and for how long do you need to keep them? Here are some suggestions.
I’ve been told that I cannot contribute to an IRA for either 2015 or 2016 if I’m fully funding my TSP account; is that true?
Actuaries tell us that a 55 year old can expect to live another 30 years. How will you spend those days after you leave the workforce? The author provides some suggestions on how to find your retirement dreams and make them a reality.
I’ve heard rumors that Congress will be changing how our retirement is computed by mandating a “high-five” calculation, rather than a high-three. Is this likely to happen and, if it does, what will it do to our pensions?
What can federal employees expect to happen to their benefits if they pass away after retiring from federal service?
Can I opt out or not contribute to the FERS-FRAE annuity system?
