Pay Raises, COLAs, Politics, 7.8% Inflation, and Federal Retirement
Are the retirement decisions by federal employees impacted by politics and policy decisions?
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.
Social Security Has Quietly Crossed Yet Another Financial Rubicon of Systemic Decay
The cost of grandfathering Social Security benefits for existing retirees is now more expensive for future retirees than doing nothing.
OPM Retirement Backlog Soars to Another New High in January 2022
The OPM retirement backlog reached another new high in January 2022.
How Federal Employees Can Keep FEHB Coverage in Retirement
Federal employees have some requirements they must meet in order to continue FEHB in retirement.
When You Should (and Shouldn’t) Pay Off Your Mortgage Early
These are the top reasons as to why you should and should not consider paying your mortgage off early.
What’s Wrong With the 4% Rule?
The 4% rule is a common spending strategy in retirement. Although very popular, the author says there are some flaws with it.
Why is My 2022 COLA Less Than I Was Expecting?
My FERS annuity with the 2022 COLA is increasing less than 4.9% in January. Why is that?
2021 Monthly Average Was the Second Highest OPM Retirement Backlog in a Decade
OPM’s retirement backlog drifted higher to finish 2021.
3 Expensive Mistakes Federal Employees Make at Retirement
These are three common and potentially costly retirement mistakes that federal employees will want to avoid.
Reduce Your Retirement Tax Bill by Strategic Giving
How can donations help you reduce your taxes in retirement? These are some strategies.
