Retirement

Calculating the 2019 COLA Increase

By on August 14, 2018 in Retirement with 0 Comments
Calculating the 2019 COLA Increase

How is the COLA calculated and what can federal retirees likely expect for next year?

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Social Security and the Myth About the 3rd-Rail

By on August 9, 2018 in Retirement with 0 Comments
Social Security and the Myth About the 3rd-Rail

The author says that the 3rd-Rail of Politics is just an anachronism that politicians use to avoid talking about Social Security.

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Retirement Backlog Grows for Third Month in a Row

By on August 6, 2018 in Retirement with 0 Comments
Retirement Backlog Grows for Third Month in a Row

OPM’s backlog of retirement claims has been on a slow upward trend so far this summer.

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Determining Taxes on Roth IRA and Roth TSP Distributions

By on August 6, 2018 in Retirement with 0 Comments
Determining Taxes on Roth IRA and Roth TSP Distributions

Taking IRA and TSP distributions tax free can reap big savings, and with the recent tax law changes, savings opportunities may be even better.

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The Five Biggest Retirement Decisions Feds Have To Make

By on July 31, 2018 in Retirement with 0 Comments
The Five Biggest Retirement Decisions Feds Have To Make

The author lists five important decisions that he says are likely the most important for federal employees in their retirement planning.

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Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

By on July 30, 2018 in Retirement with 0 Comments
Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

With federal spending rising, future individual tax rates are expected to be higher. The author describes options for offsetting this potential tax burden.

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How Much Difference Does Changing Annuity Contribution Rates Make?

By on July 26, 2018 in Retirement with 0 Comments
How Much Difference Does Changing Annuity Contribution Rates Make?

How much of an impact do the increased retirement contributions under FERS have for retirement savings overall? The author analyzes some numbers.

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Is Working after Retirement Worth the Costs?

By on July 12, 2018 in Q&A, Retirement with 0 Comments
Is Working after Retirement Worth the Costs?

Is it true that there is an income limit for federal retirees under FERS who work after retiring from federal service?

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What Does ‘Creditable Civilian Service’ Mean?

By on July 10, 2018 in Q&A, Retirement with 0 Comments
What Does ‘Creditable Civilian Service’ Mean?

I often see the phrase “creditable civilian service” in FedSmith articles – what does this mean?

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OPM Sees Very Slight Increase in Retirement Backlog in June

By on July 6, 2018 in Retirement with 0 Comments
OPM Sees Very Slight Increase in Retirement Backlog in June

OPM’s retirement backlog remained mostly flat in June as it saw a less than 1% increase in the total number of outstanding retirement applications.

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