Retirement
Close to Retirement? Move Somewhere!
The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works…
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.
Federal Workforce News
Retirement Backlog Grows in July
The backlog of retirement claims at the Office of Personnel Management reversed course and actually grew in July over the previous month.
Retirement
The Third Rail is Running Out of Track
The author says that the day of reckoning is fast approaching for Social Security.
Q&A
Contributing to an IRA Outside of the TSP
Under what circumstances can you contribute to a Roth IRA outside of the TSP?
Q&A
Should I Apply for Retirement 6 Months in Advance?
My OPM officer is saying that if I apply for retirement 6 months in advance, the application will "only sit in a folder." Can you suggest what I…
Retirement
The Biggest Problem with Benefits Estimates
Many federal employees receive Benefits Estimates when they're planning their retirement. Getting a Benefits Estimate from your HR can be a helpful place to start, but there is…
Q&A
Calculating Your High Three Salary
Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?
Retirement
Questions You Should Ask About Your Investments
The Securities and Exchange Commission offers a brochure that is helpful when choosing a financial advisor as well as helping you understand your investments.
Q&A
Postponing Retirement Under FERS
If I elect a postponed retirement to age 62, will I receive an increased annuity?
Federal Workforce News
OPM Slowly Reducing Retirement Backlog
The Office of Personnel Management continues its slow but steady reduction of the backlog of outstanding retirement claims.