Beware Federal Employees: Mandatory Medicare First Step to Eliminating FEHB Coverage for Retirees?
Postal reform legislation may impact the rest of the federal workforce by changing Medicare eligibility and increasing FEHB costs.
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.
Is Social Security Taxed Twice?
Federal employees are often surprised to learn that their Social Security benefits are taxed, sometimes at a pretty high rate.
FERS Disability Retirement Law: Just Because OPM Says So, Doesn’t Make it So
Federal employees filing for FERS disability retirement should expect a fair application review, but the author says this may not always happen.
Here’s How to Take Early TSP Withdrawals Without a Penalty
Early TSP withdrawals are generally penalized, but there are some instances where it can be done without the extra penalty.
Will 2022 Beat the 2021 COLA?
Could the 2022 COLA go as high as 4.7%, or will inflation increases start to recede?
What Is Medicare IRMAA? How to Avoid an Expensive Surprise
IRMAA is a potential added expense that can raise your Medicare Part B or Medicare Part D premiums in retirement.
How Do Your TSP Retirement Savings Compare to Private Sector Employees?
How much do you need to have in your TSP to retire, and how do your total TSP savings compare to private sector employees?
When Should You Move Your TSP Into ‘Safer’ Funds?
Is there an age at which you should move your TSP investments into “safer” (more conservative) funds?
Despite Progress, OPM Retirement Backlog Still at 8 Year High
OPM made good progress on the retirement backlog in April, but it is still at an 8 year high.
The Big Problem with the 4% Rule
The 4% rule is a very common strategy for taking income during retirement. The author highlights some risk factors to be aware of with this strategy.
