Your 2020 COLA: 1.6%
Federal retirees can expect a modest COLA in 2020 now that the official inflation data have been released.
Retirement
Stay informed with the latest federal employee retirement news, including updates on FERS and CSRS, retirement eligibility rules, OPM retirement processing, and TSP performance as it relates to long‑term retirement planning. This category covers annual COLA updates, TSP news, survivor benefits, military service credit, retirement application guidance, and major OPM policy changes or federal legislation that could affect federal retirement benefits. Find clear, timely information to help current and former federal employees navigate retirement planning, benefit calculations, and post‑retirement considerations.
OPM’s Retirement Backlog Improves by 1% in September
OPM’s retirement backlog just barely trended downward in September. Here are the latest figures.
What is the Status of My FERS Disability Retirement Claim?
The waiting game begins after submitting your retirement claim to OPM. How can you get status updates?
The New Retirementality
What does retirement mean to you? A book on the subject helps prospective retirees define their purpose for this time in life.
Another WEP Reform Bill Introduced
Another bill designed to repeal the Windfall Elimination Provision and boost retirement income for federal retirees has been introduced.
Why Federal Employees Should Pay Off Their Mortgages Early
Should you pay off your mortgage? The author explains the benefits along with a strategy for how to make it part of your financial plan.
The Consequences of Working Past Age 65
There are advantages to working later in life, but also some potential downsides. Here are some important points to consider.
Federal Employees Are Lucky
The author says that although federal employees may not think of themselves as lucky, they have plenty for which to be thankful.
No Increase in Latest 2020 COLA Figure
Inflation did not rear its ugly head in August. That may not be good news for federal retirees and Social Security beneficiaries.
What TSP Withdrawal Option is Right for Me?
How do you determine a withdrawal strategy for the TSP in retirement? As the author illustrates, it is important to come up with a plan for the money.
