South Carolina: Retirement Haven or Tax Trap?
South Carolina is a state that often attracts newcomers, but look closely at the state’s income tax structure before relocating.
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.
South Carolina is a state that often attracts newcomers, but look closely at the state’s income tax structure before relocating.
Exactly how is your retirement income taxed for federal income tax purposes? The author breaks it down piece by piece.
The author illustrates a hypothetical scenario of two FERS employees with identical salary histories to show the dramatic impact the recently proposed pension reduction bill, as currently written, would have on future federal retirees.
In a “back to the future” moment, OPM has announced a new effort to get rid of its retirement backlog. How? By hiring more people and creating higher production standards.
Congressman Dennis Ross (R-FL) recently announced that he will hold a hearing to explore options for reforming the entire federal pension system to bring it more in line with the private sector.
The G fund is again being used as a stop-gap measure to avoid the federal government hitting the debt ceiling for the second time in a few months.
What can federal employees expect in 2012? While no one can know for sure, the author offers some considerations you can take into account to help you be prepared for whatever the future brings.
This retired federal employee has used some of his time since joining the ranks of “former” federal employees to travel around the world. Here are some of his tips and suggestions to make the best use of your time and money.
According to a recent study done by the Employee Benefit Research Institute, the recent recession has left older Americans in the workforce expecting to work longer or even to never retire.
Here’s some points to keep in mind when considering leaving the private sector for a government job.