Why You Should Retire Poor (on Paper)
Because the IRS primarily looks at income, retired federal employees who are “poor” in this sense will pay fewer taxes.
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.
The 4 Most Common Roth Conversion Mistakes
These are 4 mistakes to avoid when converting retirement funds to Roth.
How to Get a Tax-Free Retirement
Is it really possible for federal employees to have a tax-free retirement?
Is the Secure Act a Ticking Time Bomb?
The SECURE Act 2.0 has a number of potential unintended consequences that can lead to much higher taxes.
TSP and Taxes: How Can I Avoid Them Once and For All?
A tax plan can help retired federal employees avoid overpaying taxes on TSP withdrawals.
Annual Federal Pay Raises During Inflation: Carter vs. Biden & Latest Inflation Data
The rate of inflation is decreasing. Are you feeling better yet?
Should I Move My Money Out of the TSP Once I Retire?
There are pros and cons to keeping your money in the TSP after retirement.
OPM Retirement Backlog Grows in July
The OPM retirement backlog grew in July off of the six-year low it achieved during the previous month.
More Retirement Income Through Catch-up Contributions for Highly Compensated Feds
Federal employees making at least $145,000 may be able to accumulate more for their future retirement starting in 2024 via catch-up contributions to the TSP.
What Happens to Your Social Security If You Retire In Your 50s?
What impact does retiring in your 50s have on your Social Security benefits?
