Deposits and redeposits of retirement funds for civilian service is simpler (and harsher) for FERS employees than for CSRS employees. Here is how it works.
Riding through the ups and downs of the stock market can be exasperating. Is this a good time buy more of the TSP stock funds or a good time to sell them?
When deciding whether or not to re-deposit money, the most important thing to consider is when did the service for which you received a refund end? If it ended before 10/01/90, breathe a sigh of relief. If it ended 10/01/90 or after, pay it.
Marriage, divorce, remarriage and federal retirement benefits are a volatile mix. The money available is finite, there is often considerable emotion involved, and someone is going to get more money while another person may get less. In this case, wife number one thought she should get the maximum survivor annuity from her former husband. And, in this case, wife number one is the winner.
CSRS employees often ask themselves the following two questions about civilian service as they get close to retirement. “Should I deposit money to cover temporary time early in my career?” The answer may vary depending on your circumstances. Here is an explanation.
The Social Security Board of Trustees today released its annual report on the financial health of the Social Security Trust Funds. While the key dates for program costs exceeding tax revenues and Trust Fund exhaustion remain unchanged, the 2008 Trustees Report shows improvement in the projected long-term financial status of the Social Security program.
Many CSRS and CSRS Offset employees and retirees get heartburn over the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) and would like to see these requirements changed. Don’t hold your breath.
What happens to your federal pension benefits if you leave federal service before becoming eligible to retire? Be sure to read this before acting on an impulse to quit your federal job.
Do people choose where to live based on how much they will pay in taxes? Apparently they do–and it isn’t just retirees that pay attention to tax rates. Here are lists of the most–and least–popular destination states for Americans on the move.
Where is the best state for a federal retiree to live? It’s a complex question with many considerations (such as family and friends) based solely on personal preferences. Some states will give you a tax break to encourage you to move there; others will get as much from your pocket as possible. Here is a list of some of the best (and worst) states for living after retirement.