Retirement
Gaming Social Security
Retirees are trying to improve their return on their past Social Security contributions. The author describes why any success that they have at doing this will come at…
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.
Pay & Benefits
Exactly How Would the 2016 House GOP Budget Impact Your Pay and Benefits?
The House budget committee released its 2016 budget proposal last week, largely bereft of any specifics of proposed changes to federal pay and benefits. A new report, however,…
Retirement
Penalty for Withdrawing From TSP
I am age 64 and retired from GSA in 2008 under the CSRS, having worked 36+ years. Is there a penalty for me to withdraw some or all…
Federal Workforce News
March Madness and Taxes
March Madness is here! Yes, there's the NCAA tournament, but the author reminds readers that it's also tax season and provides some general tips to keep in mind…
Retirement
GOP Budget Calls for Increased Retirement Contributions
The House of Representatives Budget Committee released its FY 2016 budget proposal today. Although it offers no specifics, the proposal calls for requiring federal employees and Members of…
Q&A
CSRS Offset and Social Security Deductions
My husband's personnel office just found out that he should have been in CSRS Offset after 21 years of coming from the DC Government. After his maximum SS…
Q&A
CSRS, FERS and Considerations in Redepositing Money
I'm planning to retire at 62 and my human resources department has presented me with the option of depositing $9,645.00 (roughly 3K + 6K interest). If I don't…
Q&A
Early Outs and Your FEHB Benefits
If federal employees are offered early outs or buy outs, does the 5-year FEHB coverage requirement also get waived?
Federal Workforce News
8 Threats for Retirement Accounts Under President Obama’s 2016 Proposed Budget
While supporters of President Obama’s 2016 Fiscal Budget say the budget will make it easier to save for retirement, the proposal is giving mixed messages when it comes…
Federal Workforce News
Retirement Claims Backlog Grows Again in February
OPM saw its outstanding backlog of retirement applications grow for a second straight month in February.