OPM has not yet released official numbers for costs in benefits changes for 2012 that would be affected by the recent COLA. The author offers his best estimates as to how the cost of the FERS basic death benefit and children’s survivor benefits are likely to change next year.
According to an OPM source, there will be no FEGLI open season in the near future.
Are you a current or retired federal employee who will be turning 65 soon along with millions of other baby boomers? If so, how will you answer this question: “Should I sign up for Medicare, Part B?”
What is the best day for a federal employee to retire? Here are suggested retirement dates through 2020 from a federal retirement expert.
Not everyone understands how the Social Security earnings test works and how it may impact your retirement income. Here is an explanation.
Lost in the interest over the 3.6% COLA announced by Social Security (and reported in FedSmith) on Wednesday, October 19th, are several other Social Security changes for 2012.
The author says that real and perceived threats to the benefits of federal employees are popping up more frequently. His advice to federal employees: don’t panic.
After “When Small Savings Add Up to a Lot of Money” appeared in Fedsmith, I was contacted by a couple of FERS employees who wondered what the results would have been for a FERS employee. Here are the results.
This is a follow-up article to the author’s article on the OPM retirement processing backlog.
Once you retire, many financial planners will encourage you to roll your TSP funds into a tax deferred option that they will be happy to sell you. It may be an IRA, a deferred annuity or some other type of investment. You may not know that you can roll money into your TSP from certain accounts.