Comparing Retirement Ages 60 and 62 for Federal Employees
These are important considerations for federal employees who may be weighing whether to retire at age 60 versus 62.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
These are important considerations for federal employees who may be weighing whether to retire at age 60 versus 62.
Longevity calculators can be useful in developing a retirement savings plan.
The 2nd month of inflation data determining the 2025 COLA has been released. The 2025 COLA will be less than in 2024 but probably still larger than the average 2025 pay raise.
These are some important questions federal employees should ask to help with constructing a retirement plan.
How does the 5-year rule impact withdrawals from Roth TSP and Roth IRA accounts?
After climbing for two months in a row, the OPM retirement backlog reversed course in August.
These are 3 strategies federal employees can use to double their TSP accounts over the course of their careers.
Federal employees should opt for traditional TSP over the Roth TSP in these situations.
The author says that this is the biggest mistake that he sees federal employees make with their TSP accounts.
The earliest age at which federal employees can retire will vary depending on the type of retirement.