Retirement
What Does the ‘Fiscal Cliff’ Mean for your Personal Tax Burden?
The "fiscal cliff" is a term that refers to a series of tax increases set to take effect at the start of 2013. What are some of these…
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
Military Service: Is It ‘Creditable’ Toward Civilian Retirement?
As a federal employee, you may be wondering if your active duty military service is "creditable" toward your civilian retirement. It depends on several factors.
Federal Workforce News
Critical Tax Issues That MUST Be Addressed In 2012
With an increased concern over tax rates, there is compelling need to protect what may be for many individuals their largest single asset: their retirement plans. The author…
Federal Workforce News
Election Results 2012: What are the Implications for Federal Employees?
Now that the country has gone through a polarizing election and billions of dollars and untold hours have been spent to determine the will of the American people,…
Federal Workforce News
Retirement Claims Down; Processing Remains Steady
According to OPM's monthly progress report on its retirement claims backlog, the number of claims received in October was much lower than the number received in September, but…
Federal Workforce News
Sandy Shouldn’t Cause Delay in Retirement Payments
Hurricane Sandy caused the federal government and stock market to shut down for two days, but despite that, federal retirees shouldn't see a disruption in their retirement income.
Retirement
Misconceptions About Sick Leave Credit
The author explains some common misconceptions about how sick leave is credited for retirement purposes.
Federal Workforce News
The Retirement ‘Guessing Game’
A new survey reveals that for many Americans, planning for retirement has become a "guessing game," with 75% of respondents reporting their retirement calculations as being based on…
Retirement
Notes on the Lump Sum, the Survivor Annuity, and Life Insurance
The author offers some details and example calculations on the lump sum, survivor annuity, and life insurance benefits.
Retirement
IRS Announces 2013 Pension Plan Limitations
The Internal Revenue Service recently announced 2013 contribution limits for employees who participate in the Thrift Savings Plan.