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CSRS Offset and Social Security: How Will Your Annuity Be Calculated?

FedSmith.com author John GrobeBy John GrobeJun 26, 2016 4:11 PM | Updated: Jan 10, 2018 7:56 AM Categories Retirement Leave a comment

Federal employees covered under CSRS Offset have special considerations when it comes to collecting Social Security in retirement. The author describes how this works and provides some real life examples based on a hypothetical scenario.

The Ins and Outs of Veterans Preference

By Jeff NealJun 26, 2016 11:14 AM Categories Human Resources Leave a comment

The 2017 Defense Authorization Act recently passed by the Senate includes a provision that places some limits on veteran preference. The author analyzes the bill in detail and discusses whether or not it would be good for veterans’ preference.

Stocks Drop: Is This the Time to Sell Your TSP Stock Funds?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 25, 2016 5:21 PM Categories Retirement Leave a comment

With voters in the United Kingdom voting to leave the European Union, the stock market dropped fast. Is this a good time to sell your TSP stock funds?

Congressman Wants to Give IRS Chief $0 Salary

FedSmith.com author Ian SmithBy Ian SmithJun 24, 2016 9:33 AM Categories Agency News Leave a comment

Congressman Ken Buck (R-CO) has introduced an amendment that would remove IRS commissioner John Koskinen from office by taking his salary down to $0.

The Current State of the Social Security Trust Funds

FedSmith.com author Brenton SmithBy Brenton SmithJun 23, 2016 12:15 PM Categories Retirement Leave a comment

The Social Security Board of Trustees has released its latest report on the health of Social Security. The report says that the trust funds should enable paying scheduled benefits until 2034, but the author notes it doesn’t actually say the trust fund will last until then.

Social Security Report Predicts a 0.2% COLA in 2017

FedSmith.com author Ian SmithBy Ian SmithJun 22, 2016 8:13 PM Categories Federal Workforce News Leave a comment

The latest annual report from the Social Security Board of Trustees estimates that there may be a 0.2% COLA for retirees in 2017.

Phased Retirement Coming to DoD

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 22, 2016 12:21 PM Categories Federal Workforce News, Retirement Leave a comment

Phased retirement may be a solution in search of a problem. Agencies have been slow to implement it and reception by federal employees has been languid. DoD is now moving out to implement the program.

Which Agencies Have the Happiest SES Employees?

FedSmith.com author Ian SmithBy Ian SmithJun 22, 2016 8:07 AM Categories Human Resources Leave a comment

A new report ranks federal agencies by the level of job satisfaction expressed by employees in the Senior Executive Service.

Cost of Complying with Tax Code Requirements: $409 Billion

FedSmith.com author Ian SmithBy Ian SmithJun 21, 2016 4:16 PM Categories Federal Workforce News Leave a comment

Americans will spend 8.9 billion hours to comply with tax filing requirements in 2016 according to a new report.

Life Insurance… Now for the living! Part 2: Chronic Illness

By Tom WalkerJun 21, 2016 2:57 PM Categories Retirement Leave a comment

The author discusses the most tax efficient options for Long Term Care insurance that are available to federal employees.

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