OPM is busier processing retirement applications at certain times of the year. This can increase how long it takes for you to start getting your pension.
Legislation has been reintroduced to allow a buyback for time working as a temporary employee to count toward federal retirement payments.
Inflation is up this year which will likely boost next year’s COLA for federal retirees, but there is some bad news for FERS retirees.
Current or retired federal employees under FEHB can get reimbursements for Medicare Part B premiums in some instances.
Retirement is a big time of transition for federal employees. These are some considerations in planning for this next chapter of your life.
How much can you withdraw from your nest egg in retirement? The author shares his analysis of some of Dave Ramsey’s advice.