What Happens to Your Social Security If You Retire Early?
Retiring before reaching one’s full retirement age can reduce the amount of Social Security payments in retirement.
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.
Leaving Federal Service Early: Should You Take a Lump Sum of Your Retirement Contributions?
If you leave federal service before you are eligible to retire immediately, should you take a lump sum payment or wait for a pension?
The Top Retirement Mistakes Federal Employees Made in 2020
The author outlines the top retirement planning mistakes he observed federal employees make in 2020.
How Can You Save More in the TSP?
Federal employees are often told it is important to invest in the TSP to have a secure retirement, but where can they get the extra money to put into savings?
How Much of Your FERS Pension Will the Government Take in Retirement?
Is your FERS pension taxable? As the author explains, federal employees could wind up with a smaller monthly income in retirement than they were expecting.
Four Foundational Financial Principles
These are four principles that will serve federal employees well when planning for retirement.
The Impact of a Higher Minimum Wage on COLAs for Federal Retirees
The author says that an increase in the federal minimum wage could have an impact on Social Security and the annual COLA for federal retirees.
How to Protect Your TSP in Retirement
How can you avoid running out of money in retirement while still letting your investments grow? The author shares his strategy of how he answers this question for his clients.
Common Retirement Myths Exposed
These are three common retirement myths that federal employees need to be aware of.
OPM Disability Retirement Under FERS: The “Process” and 5 Questions to Ask Yourself
The author says that the “process” of applying for Federal Disability Retirement largely requires convincing convincing OPM your case is valid.
