Tag: Annuity

Essential Things to Know Before You Take the TSP Annuity Option

June 23, 2020 8:11 AM
Essential Things to Know Before You Take the TSP Annuity Option

The TSP offers an annuity you can use in retirement, but the author cautions there are some downsides to this option.

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Man Pleads Guilty to Stealing Over $400k in Pension Benefits

June 20, 2020 11:37 AM
Man Pleads Guilty to Stealing Over $400k in Pension Benefits

A Maryland man is facing prison time for spending his dead mother’s government pension payments.

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No Written Election by the Retiree Results in No Survivor’s Annuity

April 9, 2020 11:50 AM , Updated April 24, 2020 8:14 AM
No Written Election by the Retiree Results in No Survivor’s Annuity

The widow of a deceased federal annuitant cannot collect a survivor’s annuity because her spouse never elected one for her.

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Will the Coronavirus Impact Annuity Payments?

April 2, 2020 12:03 PM , Updated April 15, 2020 8:58 AM

OPM has reassured federal retirees that its retirement services operations will not be disrupted by the coronavirus.

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FERS Annuity and Take Home Pay in Retirement

March 12, 2020 7:15 AM , Updated March 22, 2020 9:56 AM
FERS Annuity and Take Home Pay in Retirement

How much income can federal employees expect to have in retirement? It’s a complex question, but the author provides a basic overview of key points to consider.

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New TSP Annuity COLA Computation Rate Coming in March

February 14, 2020 10:07 AM , Updated March 7, 2020 10:30 AM
New TSP Annuity COLA Computation Rate Coming in March

TSP annuities will have a new formula used to calculate their cost of living adjustments starting this spring.

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FRTIB Awards TSP Annuity Contract

January 31, 2020 9:45 AM , Updated February 13, 2020 2:40 PM
FRTIB Awards TSP Annuity Contract

The FRTIB announced that it has awarded its life annuity contract for the TSP to MetLife.

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Does Time at a U.S. Military Academy Count Toward Civilian Service?

January 31, 2020 8:14 AM , Updated February 13, 2020 7:10 AM

An appeals court considered whether the 5 year requirement of civilian service to quality for an annuity could be met in part with service as a cadet at West Point.

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2020 Pay Raise Unfair to Retirees?

December 23, 2019 2:18 PM , Updated January 4, 2020 5:20 PM
2020 Pay Raise Unfair to Retirees?

Which group comes out ahead in determining a COLA or the annual federal pay raise?

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Proposal Would Change Calculation Rate of the TSP Annuity COLA

December 17, 2019 9:14 AM , Updated February 14, 2020 2:31 PM
Proposal Would Change Calculation Rate of the TSP Annuity COLA

The FRTIB has proposed a change to the rate used to calculate annual increases for TSP annuities.

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