Retirement

IG Labels CSRS Improper Payments ‘High-Risk’

By on December 8, 2018 in Retirement with 0 Comments
IG Labels CSRS Improper Payments ‘High-Risk’

A recent OPM Inspector General’s report said that improper payments made under federal employee retirement systems represent a “high risk.”

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Despite More New Claims Than Usual, Retirement Backlog Drops in November

By on December 6, 2018 in Retirement with 0 Comments
Despite More New Claims Than Usual, Retirement Backlog Drops in November

Despite a higher number of new claims in the month than usual, OPM made a modest reduction in November’s retirement backlog.

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Survey: Older Individuals More Likely to Support Tax Increase to Shore Up Social Security

By on December 3, 2018 in Retirement with 0 Comments
Survey: Older Individuals More Likely to Support Tax Increase to Shore Up Social Security

We recently asked our readers if they would support higher taxes to extend full Social Security benefits. Here is what you told us.

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OPM IG Provides Update on Retirement Claims Backlog

By on November 26, 2018 in Retirement with 0 Comments
OPM IG Provides Update on Retirement Claims Backlog

OPM’s Inspector General said that while the agency appears to have met a part of its goal on the retirement backlog, it has some more work to do.

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Should I Enroll in Medicare If I Have an FEHB Plan?

By on November 26, 2018 in Retirement with 0 Comments
Should I Enroll in Medicare If I Have an FEHB Plan?

Should you add Medicare to your FEHB insurance in retirement? These are the various parts of Medicare to know about when weighing this option.

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Legislation Would Boost COLAs for Some Federal Retirees

By on November 20, 2018 in Retirement with 0 Comments
Legislation Would Boost COLAs for Some Federal Retirees

Recently introduced legislation has the potential to increase the size of COLAs paid to some federal retirees.

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Can You Work Longer in a Position with Mandatory Retirement?

By on November 18, 2018 in Retirement with 0 Comments
Can You Work Longer in a Position with Mandatory Retirement?

Some federal positions have mandatory retirement ages, but what if an individual wishes to work longer?

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Will The Cavalry Save Social Security?

By on November 15, 2018 in Retirement with 0 Comments
Will The Cavalry Save Social Security?

The author says the typical worker faces the prospect of losing money on Social Security. Will higher taxes solve this problem?

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Pros and Cons of the (Antiquated) TSP Annuity

By on November 13, 2018 in Retirement with 0 Comments
Pros and Cons of the (Antiquated) TSP Annuity

The TSP offers an annuity to guarantee income for life, but the author says it is an antiquated when compared with more flexible ones available elsewhere.

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Don’t Fall for These 10 Long Term Care Insurance Myths

By on November 13, 2018 in Retirement with 0 Comments
Don’t Fall for These 10 Long Term Care Insurance Myths

These are several common myths that keep people from considering long term care insurance in their retirement planning.

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