Retirement
Are Feds Planning to Fail in Retirement?
The author says that many federal employees are approaching financial problems as they near retirement due to a lack of planning. However, he says that with some basic…
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.
Q&A
Retirement Planning Advice For Those Over 70
I'm over 70 and planning to retire in my late 70s. Are there one or two key things I should be looking at to start planning?
Retirement
G Fund Rate Cuts and a Possible Government Shutdown: NARFE Discusses Priorities for the New Session
With Congress back in session this week, John Hatton, deputy legislative director for NARFE, told FedSmith.com that his organization has several priorities in terms of legislation it wants…
Federal Workforce News
OPM’s Retirement Applications Backlog Remains Nearly Unchanged in August
According to the latest available data from the Office of Personnel Management, the agency's outstanding backlog of retirement applications was left relatively unchanged over the last month.
Pay & Benefits
Age-Appropriate Default Option for the TSP Starts This Weekend
Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.
Pay & Benefits
A Fairer and More Economical Way to Calculate Social Security COLAs
The author proposes an alternate way of calculating the cost of living allowances for Social Security based on the process of computing cost of living adjustments for federal…
Retirement
FedSmith.com Users Strongly Oppose Adding Mutual Funds to TSP
The majority of FedSmith.com users said in a recent survey that they are opposed to adding a mutual fund window to the Thrift Savings Plan.
Retirement
TSP Stock Funds Dive in August
All of the stock funds for the Thrift Savings Plan were down significantly in August. Here are the results for the month and for the year for all…
Q&A
Can I Apply for Half of My Husband’s Social Security While Waiting to Withdraw Mine?
I am planning to retire at age 63 and waiting to withdraw my Social Security until I reach age 66. While my husband is still working, can he…
Retirement
Medicare Part B Premiums Are Scheduled to Rise 52% in January
Starting in January, most retirees under the Civil Service Retirement System (CSRS), who also are enrolled in Medicare Part B, could see a 52% jump in their monthly…