Tag: Annuity

How Much Difference Does Changing Annuity Contribution Rates Make?

By on July 26, 2018 in Retirement with 0 Comments
How Much Difference Does Changing Annuity Contribution Rates Make?

How much of an impact do the increased retirement contributions under FERS have for retirement savings overall? The author analyzes some numbers.

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House Budget Resolution Would Increase Retirement Contributions

By on June 25, 2018 in Retirement with 0 Comments
House Budget Resolution Would Increase Retirement Contributions

A House budget resolution proposes increasing retirement contributions for federal employees and Members of Congress.

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How is Your Retirement Annuity Calculated When Switching From CSRS to FERS?

By on June 11, 2018 in Q&A, Retirement with 0 Comments
How is Your Retirement Annuity Calculated When Switching From CSRS to FERS?

How is a retirement annuity calculated for someone who switched from CSRS to FERS?

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Observations on OPM’s Recommended Adjustments to Federal Employee Benefits

By on June 4, 2018 in Pay & Benefits with 0 Comments
Observations on OPM’s Recommended Adjustments to Federal Employee Benefits

Recent proposals would make cuts to federal employees’ benefits should they come to pass. The author analyzes their impact through a financial planning perspective.

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Retire at Age 61?

By on May 14, 2018 in Retirement with 0 Comments
Retire at Age 61?

What impact can waiting an extra year to retire have on a FERS annuity? The difference might surprise you.

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OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector

By on May 7, 2018 in Pay & Benefits with 0 Comments
OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector

Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.

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Congressional Term Limits Without a Constitutional Amendment

By on April 19, 2018 in Pay & Benefits with 0 Comments
Congressional Term Limits Without a Constitutional Amendment

A bill has been introduced in an attempt to limit the time an elected representative would likely serve in Congress without requiring a Constitutional amendment.

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Federal Employee Retirement, Politics and Being Fired

By on March 20, 2018 in Pay & Benefits with 0 Comments
Federal Employee Retirement, Politics and Being Fired

Andrew McCabe was fired from the FBI shortly before becoming eligible for a federal pension at 50. Reports indicate he has lost his federal pension, but is that really accurate?

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How Much is the Maximum Annuity Supplement?

By on March 20, 2018 in Pay & Benefits with 0 Comments
How Much is the Maximum Annuity Supplement?

How do you calculate the maximum FERS annuity supplement? It’s actually a complex calculation. The author breaks down the process.

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Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?

By on March 8, 2018 in Q&A, Retirement with 0 Comments
Can I Estimate What My Monthly CSRS and Social Security Payments Will Be?

I’m confused about my 35 years of CSRS Offset and Social Security pensions. Can I estimate how much will I get in monthly pensions from both?

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