Medicare Part B Premiums Are Scheduled to Rise 52% in January
Starting in January, most retirees under the Civil Service Retirement System (CSRS), who also are enrolled in Medicare Part B, could see a 52% jump in their monthly Medicare premiums.
Federal Employee Retirement
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
Fending Off Fraud
How susceptible are you to fraudulent scams and con artists who target your life savings? Learn common scams to be aware of and how to protect yourself from the stories of these other people who found their retirement savings at risk from fraudsters.
Federal Retirement Facts and Myths: Do You Know the Difference?
The author says there are a lot of myths and misconceptions regarding the federal retirement system and benefits for federal workers. He provides an example he recently saw firsthand when providing financial advice to a couple of long time federal employees.
What Happens to My Retirement Contributions if I Die Soon After I Retire?
If I were to pass away after only being retired a couple of years, I will have only had taxes excluded on a portion of my pension. If my wife and I elected no survivor annuity, does she get the remainder without paying additional taxes on it, since it has already been taxed?
COLA Increase in 2016 Appears Less Likely
It is increasingly less likely that there will be a COLA increase for retirees in 2016 based on the inflation figures for July.
How to Maximize Your Federal Benefits for Your Family After Your Death
The issue of our own mortality is not one we like to think about or discuss with our loved ones. However, it is necessary for proper planning for the future, especially when it comes to matters of personal finance. The author discusses how to maximize some of your most important benefits as a federal employee in the event of your death.
Lack of Legal Protections Threaten Federal Employees’ Retirement Savings
Are the funds inside of your TSP account being put in jeopardy by financial advisors who aren’t looking out for your best interests? This matter was discussed at a Department of Labor hearing last week on a proposed rule change governing the conduct of financial advisors.
How Do I Know If My Retirement Savings Are Invested Correctly?
I’m a retired fed that’s scared of losing my retirement money. How do I know if I am invested correctly?
5 Facts About TSP Withdrawals
There are lots of TSP withdrawal options to choose from, some of them more complicated than others, and if you make the wrong choice you may not be able to fix it. The author outlines five commonly misunderstood facts about TSP withdrawals.
Do You Know the ‘Goldilocks Principle’ To Federal Retirement?
The author says that you do not want to retire too soon and risk financial ruin in your Golden Years, but you also do not want to wait until too late to retire.
