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Q&A

Q&A from FedSmith authors addressing readers’ questions. We share them here to help you with your federal career or retirement planning.

Should I Apply for Retirement 6 Months in Advance?

FedSmith.com author John GrobeBy John GrobeJul 22, 2014 6:22 AM Categories Federal Employee Retirement, Q&A Leave a comment

My OPM officer is saying that if I apply for retirement 6 months in advance, the application will “only sit in a folder.” Can you suggest what I should do?

Calculating Your High Three Salary

By Ehren ClovisJul 14, 2014 12:13 PM Categories Federal Employee Retirement, Q&A Leave a comment

Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?

Postponing Retirement Under FERS

FedSmith.com author John GrobeBy John GrobeJul 9, 2014 9:14 AM Categories Federal Employee Retirement, Q&A Leave a comment

If I elect a postponed retirement to age 62, will I receive an increased annuity?

Withdrawing Government Annuity Early

FedSmith.com author John GrobeBy John GrobeJul 1, 2014 9:27 AM Categories Q&A Leave a comment

Is there a program that allows a federal employee to withdraw from their government annuity early?

Was the FERS Special Supplement Terminated?

FedSmith.com author John GrobeBy John GrobeJun 26, 2014 5:17 AM Categories Q&A Leave a comment

I thought the FERS special retirement supplement was terminated in the FY14 Budget – has it been reinstated?

Recommendation for Financial Planners

FedSmith.com author John GrobeBy John GrobeJun 18, 2014 4:57 AM | Updated: Jan 25, 2021 11:08 AM Categories Q&A Leave a comment

What are some good resources for finding a financial planner?

Suspending Social Security Benefits

FedSmith.com author John GrobeBy John GrobeJun 11, 2014 7:52 AM Categories Federal Employee Retirement, Q&A Leave a comment

I’m 67 years old and I’ve been receiving benefits since I was 66. I’m working part time and want to suspend these benefits; however the SSA office told me I could have done this before I turned 67, but not now. Could they be incorrect?

What Forms Do I Need to Designate My TSP to My Children?

FedSmith.com author John GrobeBy John GrobeJun 4, 2014 6:33 AM Categories Q&A Leave a comment

What forms do I need to get to the TSP to set it up so that all that is in there will go to my children?

Is Military Time Creditable Towards the FERS Multiplier?

By Ehren ClovisJun 3, 2014 4:32 AM Categories Q&A Leave a comment

Does 3 years of Military Time that was “bought back”along with 17 years of civilian Federal Service count toward 20 years of creditable service making one eligible for a FERS 1.1% multiplier if that person retires after age 62?

How Do You Calculate Your Social Security Supplement?

FedSmith.com author John GrobeBy John GrobeMay 29, 2014 4:26 AM Categories Q&A Leave a comment

How do you calculate your social security supplement?

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Daily TSP Performance

May 12, 2025

Fund Last % YTD
G Fund $19.0578 +0.04% +1.62%
F Fund $19.8300 -0.39% +1.81%
C Fund $92.7476 +3.27% -0.19%
S Fund $87.5620 +3.74% -2.87%
I Fund $46.7321 +0.79% +11.54%
L Income $27.3628 +0.66% +2.33%
L 2025 $14.0803 +0.69% +2.32%
L 2030 $51.9531 +1.47% +2.99%
L 2035 $15.6739 +1.61% +3.08%
L 2040 $59.6166 +1.75% +3.17%
L 2045 $16.3828 +1.87% +3.24%
L 2050 $36.0503 +1.99% +3.31%
L 2055 $18.1937 +2.43% +3.47%
L 2060 $18.1914 +2.43% +3.47%
L 2065 $18.1890 +2.43% +3.47%
L 2070 $10.7801 +2.43% +3.48%
Get detailed TSP data at TSPDataCenter.com

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