When a federal employee has retired, income taxes do not go away, they just change somewhat. Federal pensions, Social Security and distributions from the Thrift Savings Plan are all taxable to some extent. These are some taxes you can expect to incur in 2015 as a retired federal employee.
The author says that studies comparing federal benefits to those in the private sector miss a key issue and that there are substantial differences in the benefit packages across industry sectors.
The Congressional Budget Office has issued a new report outlining ways to reduce the growing federal deficit. Some of the cost saving suggestions in the report would have a direct impact on federal employees and their benefits if they were to be enacted.
What will the COLA be in 2015? Here is a quick summary. The percentage will be less than the increase of the average FEHB increase next year.
Is there is a sensible approach in preparing, formulating and filing for OPM Disability Retirement benefits? The author offers some details about the application process.
The author outlines five questions that identify a few of the initial considerations that federal employees should examine when determining whether they should pursue OPM disability retirement.
Federal employees have some unique features to their financial lives, so financial advisors should know about them.
Under the Federal Employee Retirement System, there is an option for a federal employee to retire at the minimum retirement age with as little as 10 years of service. This option is commonly referred to as MRA+10, but OPM has another name which is equally descriptive: reduced.
The Special Retirement Supplement (SRS) is not paid by the Social Security Administration. It is paid by the Office of Personnel Management. This article provides a simplified example of how the SRS is calculated.
How many federal employees are there in groupings of the highest pay levels for federal employees? Which agencies pay the highest average salaries?
