2023 COLA for Federal Retirees Highest Since 1981
The 2023 COLA for federal retirees and Social Security recipients has been announced and will be the largest in since 1981.
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.
OPM Retirement Backlog Drops Nearly 9% in September
The OPM retirement backlog was reduced by nearly 9% in September 2022, although it still remains at over 25,000 total claims.
Medicare Premiums and Deductibles to Fall in 2023
Some young seniors are surprised about 2023 Medicare cost forecasts – not so for those paying premiums since 2011.
10 Easy Ways to Ruin a Federal Retirement
Categories Retirement These are 10 mistakes that federal employees would be wise to avoid when planning for retirement.
What my Social Security Statement Pages Look Like and Why You Should Sign Up For Your Online Account
Having a my Social Security account can help you quickly get important information about your earnings and benefits.
Medicare Part B Premiums Will Drop in 2023
The 2023 Medicare Part B premiums will be lower than they were in 2022.
Options for the TSP in Retirement
What should federal employees do with their TSP accounts after they retire? These are three options available.
How Much Income Will Your TSP Really Provide in Retirement?
Withdrawing a steady amount from your TSP in retirement is something most people will need, but how exactly can federal retirees do this?
WEP, GPO, and Bill to Eliminate Them Has Advanced for First Time
Federal retiree income may be impacted by the WEP and the GPO. Legislation has advanced in the House to eliminate these provisions.
Highest Expected 2023 COLA for Social Security in 40 Years
The 2023 COLA could be the largest for federal retirees in 40+ years.
