Should You Elect a Survivor Benefit for Your Spouse?
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.
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.
Where Is The $250 I Am Supposed to Get as a Federal Retiree?
Federal employees who are under the CSRS retirement system are supposed to get another $250. So how do they go about getting this money?
The Polar Bear Club and Federal Retirement
More and more studies show that people who ease their way into retirement report greater satisfaction with their transition into retirement.
What Happened to My COLA for 2010?
We have received questions from readers, perhaps because OPM is now distributing its annual “Notice of Annuity Adjustment,” inquiring about why there is no COLA increase for federal retirees in 2010 when the average federal employee is getting a raise.
Choosing the Best Day for a Federal Employee to Retire
People often ask, “What’s the best day to retire?” There is only one answer that will fit everyone and every situation. That answer is “It depends.” In fact, the best day to retire depends on many factors; factors that can lead different people to reach different conclusions. Here are factors you should consider.
Financial Numbers That Impact Federal Employees
We are in that time of year when Congress, the White House and others announce numbers for the next year. The number in which current employees are most interested was just announced – the “comparability increase” (aka your raise) will be about 2%. Here is how this raise compares with other numbers that impact you and your family.
Why is Social Security so Hard to Understand?
“I think we can all acknowledge that most people don’t understand Social Security, and have difficulty getting their questions answered. So, what can you do if you’re ready to consider benefits?”
What Should You Know About Your Financial Planner?
What should you know about your financial planner and what questions should you ask? Here is a good starting point.
Federal Disability Retirement: As a Medical Issue, Medical Treatment Must Be Followed
In filing for Federal Disability Retirement benefits, it is often just as important for an applicant to know what will result in a denial of an application, as it is to know what is needed to get one approved.
The Reality of “Generation U”
The federal retirement Tsunami has been the source of speculation and articles but this Tsunami has not occurred. This cultural trend is not unique to the federal government. Here are some of the reasons.
