2021 Medicare Part B Premiums Increase as Federal Benefits Open Season Begins
How much will Medicare Part B premiums increase in 2021?
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.
How Much Income Will You Have in Retirement Under FERS?
There are three main sources of income in retirement under FERS. How much income can a federal retiree expect to get from these?
New Retirement Claims at OPM Surge 33% Over Previous Month
The number of federal employees who submitted retirement applications rose sharply in October over the previous month.
How Another Proposed Bill Would Impact Your Retirement
Recently introduced legislation would make changes that could impact your retirement savings.
Want a Pay Raise In Retirement? Consider Moving
Where federal employees choose to live after retirement can have a big impact on their expenses.
2021 TSP Contribution Limits Announced
The IRS has announced the 2021 contribution limits for the TSP and IRAs.
3 Essential Tax Planning Strategies for Federal Retirees
Paying taxes is never fun, but there are ways to minimize your tax burden. These are three important ones that apply to federal employees.
Lawmakers Push for 3% COLA in 2021
Legislation has been introduced to provide a higher COLA to retirees in 2021.
Why Isn’t the Roth TSP More Popular?
Data from the TSP show that the Roth option is far less popular than the traditional. The author discusses why this may be the case.
Downsizing for Retirement
Do you plan on downsizing your home after retiring? These are some considerations in weighing this decision.
