Retirement

How Public Employee Offsets in Social Security Work

on November 9, 2018 in Retirement with 0 Comments
The author says that the windfall elimination provision (WEP) and government pension offset (GPO) have led public sector employees to believe they are being singled out for reductions in Social Security benefits but that this is actually not the case.

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Most Military Retirees to See Pay Increase in 2019

By on November 8, 2018 in Retirement with 0 Comments
Most Military Retirees to See Pay Increase in 2019

Most military retirees will see a pay increase next year thanks to a cost of living adjustment.

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OPM’s Retirement Backlog Spikes 12% in October

By on November 8, 2018 in Retirement with 0 Comments
OPM’s Retirement Backlog Spikes 12% in October

Thanks to receiving over 9,000 new applications, OPM’s retirement backlog grew considerably in October.

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How Will the New TSP Rules Affect You?

By on November 6, 2018 in Retirement with 0 Comments
How Will the New TSP Rules Affect You?

Changes are coming to the TSP rules next year that have important implications for federal employees saving for retirement.

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Applying for FERS Disability Retirement: Laying the Foundation

By on November 6, 2018 in Retirement with 0 Comments
Applying for FERS Disability Retirement: Laying the Foundation

Applying for FERS Disability Retirement is a complex task. The author lists three beginning steps to take before embarking on the application process.

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Timing the Market Can Lower Your TSP Balance

By on November 5, 2018 in Retirement with 0 Comments
Timing the Market Can Lower Your TSP Balance

TSP investors transferred millions from the G fund into stock funds in September, just in time to lose money in October as the market went down.

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Medicare Income Planning in Retirement

By on November 5, 2018 in Retirement with 0 Comments
Medicare Income Planning in Retirement

Without smart planning, distributions from other sources of retirement income can drive up your Medicare costs. The author provides an explanation.

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How Much Will Medicare Part B Premiums Cost in 2019?

By on November 2, 2018 in Retirement with 0 Comments
How Much Will Medicare Part B Premiums Cost in 2019?

The Centers for Medicare & Medicaid Services (CMS) have announced the Medicare Part B premiums for 2019.

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2019 Contribution Limits Announced for the TSP

By on November 1, 2018 in Retirement with 0 Comments
2019 Contribution Limits Announced for the TSP

The IRS has announced the 2019 contribution limits for the TSP and IRAs. How much extra will you be able to save?

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How Does the Annual COLA Affect FERS Transferees?

By on October 31, 2018 in Q&A, Retirement with 0 Comments
How Does the Annual COLA Affect FERS Transferees?

I am a FERS Transferee. How does the cost of living adjustment (COLA) affect my annuity payment?

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