A Chained CPI and Federal Employee Retirement COLAs
The chained CPI has been incorporated into the federal tax system. What does this mean, and will it have an impact on the COLA calculations for federal retirees?
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.
How Does the WEP Affect Your Retirement Income?
What is the Windfall Elimination Provision, and how can it affect your retirement income?
Happy 20th Anniversary Roth IRA!
2018 marks the 20th anniversary of the Roth IRA. Here is some information about how it can help you prepare for your retirement.
OPM’s Retirement Backlog: Preparing for the Storm
OPM made a 25% reduction to its retirement claims backlog in December, just in time to deal with a likely onslaught of new applications.
Driving Your Retirement: The Gas, Brake and Steering Wheel Analogy
When it comes to your retirement, are you headed in the right direction? The author provides an analogy to illustrate.
Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling
The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.
Turning Social Security Into Welfare
Senator Marco Rubio (R-FL) shared his ideas on Social Security in a recent interview. The author says they would ultimately turn it into a welfare program.
Despite Fewer Claims Received, OPM Retirement Backlog Grows 2.3%
The backlog of retirement applications at OPM grew in November despite far fewer new applications being received.
Cuts to Federal Retirement System: Evaded or Merely Postponed?
A budget resolution making cuts to federal pay and benefits recently failed to pass Congress, but it left federal employees wondering what the future may hold.
Determining Your Medicare Part B Premium Cost Has Gotten More Complicated
The 2018 Medicare Part B premiums have been released, but the formula for figuring them out has become more complex.
