Can Social Security Pay its Bills?
The author says that Social Security should be at the top of the Treasury Secretary’s priority list, but that it appears it may not be.
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.
Top Ways for Federal Retirees to Boost Their Income in 2022
With inflation rising and health insurance costs increasing every year, federal retirees need to budget carefully. These are some helpful resources.
The Social Security Earnings Test
Will you be subject to the Social Security earnings test? If so, it can cause a reduction in your benefits.
What Inflation Does to Your Federal Retirement
Inflation has been rising at a much higher rate than usual. How can this impact a federal employee’s retirement?
Deferred Pension vs. Postponement vs. MRA+10
Federal employees who retire early have some important choices to make regarding their pensions and health insurance.
OPM Retirement Backlog Creeps Higher to End November
OPM’s retirement backlog has climbed to levels in 2021 not seen in years. Are more federal employees retiring this year than in previous years?
Social Security: The COVID Storm That Wasn’t
The author says that the COVID recession did not cause financial distress for Social Security, an outcome he had not anticipated.
Another Attempt to Repeal the WEP for Federal Retirees
Legislation has been reintroduced to replace the WEP with a different formula for impacted federal retirees.
2022 Medicare Part B Premiums Rising Sharply
The 2022 Medicare Part B premiums are increasing significantly. Here is what you can expect to pay.
Why Most Retirees Overpay Taxes
Are you making these investing mistakes? They can potentially cost you more in taxes than you would otherwise have to pay.
