OPM Retirement Backlog Grows 22% in June Amid Claims Surge
Federal retirement claims surged in May and June 2025, driving the highest mid-year spike in the OPM retirement backlog in six years.
🇺🇸 In honor of those who gave everything in service to this nation — FedSmith observes Memorial Day with gratitude. 🇺🇸
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.
Federal retirement claims surged in May and June 2025, driving the highest mid-year spike in the OPM retirement backlog in six years.
Both the Roth TSP and IRA offer tax benefits for FERS Special Category Employees (SCEs). Start early, fund both, and track contributions for optimal retirement.
RMDs can push retirees into higher tax brackets. Strategic Roth conversions can mitigate this, saving significant taxes over time. Plan wisely!
SSA anticipates being finished processing payments for all individuals impacted by the WEP and GPO by the fall.
These are some things federal employees have at their disposal to help protect their financial assets.
This collection of over 450 financial calculators helps with retirement, budgeting, savings and more.
These are common scam tactics and ways you can protect yourself from falling prey to them.
The L 2075 Fund officially joins the TSP fund lineup today.
Senate Republicans are reportedly considering a sharp increase to the amount federal employees pay towards their retirement benefits.
Deciding between FERS refunds and deferred retirement impacts future finances. Consider age, service years, taxes, and growth potential before choosing.