OPM Retirement Backlog Achieves 2022 Milestone in June
The OPM retirement backlog dropped again in June bringing it down to its lowest level so far in 2022.
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.
This is the Worst Reason to Keep Your Mortgage
Are you hanging onto your mortgage because of the tax deduction? Look closer and you may be very disappointed.
Can I Contribute to Both the Roth TSP and a Roth IRA in the Same Year?
Can I contribute the max to my Roth TSP and also $6,000 to a Roth IRA in the same year?
Be Smart in Choosing Medical Treatment for Disability Retirement
Seeking appropriate medical care is an important part of the FERS Disability Retirement application process.
Retiring? Use Your Annual Leave Lump Sum to Build a Certificate of Deposit Ladder
Your annual leave at retirement is an opportunity to start that emergency fund you’ve been neglecting.
5 Retirement Planning Tips for Mid-Career Federal Employees
Categories Retirement What should federal employees in the middle of their careers be thinking about regarding retirement planning?
Audit Finds GPO Shortchanging Seniors
An audit conducted by the SSA OIG found that some retirees impacted by GPO may be losing out on additional retirement benefits. Here is how to reclaim your benefits.
Inflation Rate, 2023 COLA, and Why TSP Dropped Dramatically in One Day
The 2022 inflation rate is rising rapidly. Here is why the TSP funds have fallen sharply and what it all means for the 2023 COLA estimate.
Protecting Your TSP Account From the “What Ifs” of Life
It’s good to consider “what ifs” for when life takes unexpected turns. Here are a couple of strategies to help safeguard your TSP.
Despite 7% Drop in May, OPM Retirement Backlog Still Over 32k
A nice reduction was made to the OPM retirement backlog in May 2022, but the total figure is still over 32,000.
