Tag: CSRS

OPM Will No Longer Accept Corrections on Certain Retirement Forms

By on November 16, 2016 in Human Resources, Retirement with 0 Comments
OPM Will No Longer Accept Corrections on Certain Retirement Forms

The Office of Personnel Management has announced that certain benefits election forms with hand made corrections will no longer be accepted.

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0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017

By on October 18, 2016 in Retirement with 0 Comments
0.3% COLA Increase for Federal Retirees and Social Security Recipients in 2017

There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.

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Groups Urge Lawmakers to Combat Rising Medicare Part B Premiums

By on October 3, 2016 in Retirement with 0 Comments
Groups Urge Lawmakers to Combat Rising Medicare Part B Premiums

Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.

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Best and Worst TSP Returns in 2016

By on October 3, 2016 in Retirement with 0 Comments
Best and Worst TSP Returns in 2016

All but one TSP fund had positive returns in September. Here are the best and worst performing funds so far in 2016.

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The 80% Rule: How to Achieve Your Desired Retirement Lifestyle

By on August 7, 2016 in Current Events, Retirement with 72 Comments
The 80% Rule: How to Achieve Your Desired Retirement Lifestyle

How do you determine how much money you will need in retirement? A lot depends on the retirement lifestyle that you desire. The author discusses the “80% rule” and how it applies to giving you the lifestyle you desire to have in retirement.

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10 Critical Coordinates for Navigating FERS Retirement (Part 3)

By on August 3, 2016 in Retirement with 52 Comments
10 Critical Coordinates for Navigating FERS Retirement (Part 3)

Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In his final article in this three part series, the author discusses actions federal employees in the FERS system should take to best utilize the benefits available to them to prepare for a successful retirement.

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Federal Retirees Need To Tighten Belts While Current Employees Expect To See Pay Increases

A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.

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Turning Your TSP Into an Income Stream

By on July 12, 2016 in Retirement with 136 Comments
Turning Your TSP Into an Income Stream

Turning accumulated savings in the Thrift Savings Plan into a stream of income is a goal for federal employees who are hoping to retire at a comfortable level. The author looks at choices federal workers have both inside and outside of the TSP to generate retirement income.

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

By on June 26, 2016 in Current Events, Retirement with 48 Comments

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.

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Phased Retirement Coming to DoD

By on June 22, 2016 in Current Events, Retirement with 32 Comments

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.

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