Your TSP Contribution Limit Will be Higher in 2018
The IRS has announced the annual contribution limit to the TSP for 2018.
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.
Retirement Success Habit: Getting Your TSP Ready For 2018
The IRS has announced the TSP contribution limits for 2018. Here are some tips on maximizing your retirement savings in the TSP.
Does Your Unused Sick Leave Count Towards Your Retirement Eligibility?
How is your unused sick leave factored into your annuity calculation? The author clarifies what he says is a frequent misconception among federal employees.
How Do I Know What I Will Receive in Social Security Benefits?
How do I figure out what I will actually receive in Social Security benefits if I retire at age 55?
Federal Retirees: Will You Receive a Full or Prorated COLA?
The 2018 COLA increase will be reflected in payments for federal retirees in January 2018. Some will receive a full COLA; others will receive a prorated COLA.
Seniors’ Security Act Takes Retirees Into Unknown Territory
Another attempt is being made in Congress to change COLA increases to use the CPI-E in an effort to help retirees. Is this a good idea?
When Does It Make Sense to Get Help With Retirement Planning and Investments?
When does it make sense to work with a financial planner for retirement? The author provides some considerations on when you may or may not want to use one.
Double Taxation of Social Security
The author says that what he describes as double taxation of Social Security benefits is unfair, but Congress has little option to address the situation.
Hurricanes in August and September Dramatically Impacted 2018 COLA
Two major hurricanes were a big factor in a higher COLA for federal retirees in 2018. The author explains how this happened.
2% COLA for Federal Retirees in 2018
The 2018 cost of living adjustment for federal retirees will be 2%.
