Are You One of the TSP Millionaires?
The number of TSP millionaires has exploded with the rising stock market. Here are the facts and figures on this aspect of the TSP.
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 Much is the Maximum 2017 FERS Annuity Supplement?
How much is the FERS annuity supplement for 2017? The author provides an explanation and an example.
OPM’s Shocking Letter to Some Annuitants
The author discusses a situation in which one retired federal employee was suddenly notified by OPM that he owed the agency over $28,000.
OPM’s Retirement Applications Backlog Inches Higher in February
The outstanding backlog of retirement applications at OPM edged higher in February. Here are the latest statistics.
What Does It Take to be a TSP Millionaire?
What does it take to accumulate $1 million or more in your TSP account? It may not be as daunting as it might seem. The author provides several detailed examples with hypothetical numbers.
Your Financial Future: Are You an In or Outpatient?
If you have been admitted to a hospital and you have Medicare, you need to know if you’ve been admitted as an inpatient or as an outpatient.
COLA Wars
Recently proposed legislation would apply a new COLA for all federal benefits programs, but the author cautions that it may not be all it’s cracked up to be.
Congress Considering Change in Calculating Retiree Benefit Increases
Recently introduced legislation would change the COLA used in computing federal employee retirement benefits.
How To Pick Your FERS Retirement Date Like A Pro
The author outlines four mistakes federal employees under the Federal Employees Retirement System (FERS) will want to make sure to avoid when choosing their optimal retirement date.
A Billion Dollar Tweak For Saving Social Security
The author proposes a change to Social Security that he says would enable the program to pay out more in benefits than it is currently projected to be able to do.
