Tax Favored ABLE Accounts For Special Needs Children
Congress recently introduced a new type of account for young, disabled individuals. This is a summary of how these accounts work.
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.
What Does a Qualified Financial Advisor Look Like, and Where Can I Get One of My Own?
What are the attributes of a qualified financial advisor, and where can I find one?
The FEHB Five Year Requirement and Your Spouse
In this follow up to his article on the FEHB and the five year requirement, FedSmith.com author John Grobe provides clarification based on questions he received from readers asking if the five year requirement also applies to a federal employee’s spouse.
CMS Publishes Final Medicare Part B Premium Rates For 2016
After months of speculation and debate, the Centers for Medicare and Medicaid Services (CMS) has published the official rates for Medicare Part B premiums beginning in January 2016.
2016 Medicare Part B Premiums and Deductibles Announced
The Centers for Medicare and Medicaid Services have announced the 2016 premiums and deductibles for the Medicare outpatient hospital services (Part B) programs.
OPM Processes Over 10k Retirement Applications in October
The Office of Personnel Management processed over 10,000 retirement applications in October, however, there are still over 12,000 backlogged applications.
Bipartisan Budget Act of 2015 Signed Into Law
President Obama signed the Bipartisan Budget Act of 2015 into law on Monday. Among its provisions, the two-year budget deal sets 2016 Medicare Part B premium rates.
Will Allocations Be Changing for the TSP’s Lifecycle Funds?
A new recommendation for the TSP would change the current investment structure of these funds.
Who Wins and Who Loses From The Proposed Legislation For Medicare Part B Premiums?
Following an outcry by many groups, new legislation would reduce the premium increase facing Medicare Part B participants in 2016. However, some will benefit and some will not. The author explains who comes out on top and who doesn’t under the new law.
Budget Deal Includes Protections for Medicare Part B Recipients
Federal retirees who are also enrolled in Medicare part B will be glad to know that the budget deal put forth in the House includes language to protect them from a sharp increase in premiums.
