Should I Apply for Retirement 6 Months in Advance?
My OPM officer is saying that if I apply for retirement 6 months in advance, the application will “only sit in a folder.” Can you suggest what I should do?
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.
My OPM officer is saying that if I apply for retirement 6 months in advance, the application will “only sit in a folder.” Can you suggest what I should do?
Many federal employees receive Benefits Estimates when they’re planning their retirement. Getting a Benefits Estimate from your HR can be a helpful place to start, but there is a big problem that most federal employees miss.
Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?
The Securities and Exchange Commission offers a brochure that is helpful when choosing a financial advisor as well as helping you understand your investments.
If I elect a postponed retirement to age 62, will I receive an increased annuity?
The Office of Personnel Management continues its slow but steady reduction of the backlog of outstanding retirement claims.
Federal employees have some unique features to their financial lives, so financial advisors should know about them.
One federal employee ended up pulling his retirement paperwork before the big day because he almost made an irreversible mistake. He was relying on all the previous benefits estimates he had received from his human resources department, but at the last minute found out he wouldn’t be getting the pension he had expected. Learn from his story and make sure it doesn’t happen to you.
The Office of Personnel Management was able to make some modest progress in reducing the retirement claims backlog in May.
How much will inflation add to the amount added to your retirement annuity or Social Security payment in 2015? We will not know until sometime in October but here are the latest calculations.