The Best Annuity: FERS or CSRS?

By on September 22, 2012 in Retirement with 154 Comments

The author says that evaluating retirement systems to determine which one is “better” is difficult, but he says that the annuity is the key element.

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Full Annuity Payments – How Fast?

By on August 19, 2012 in Retirement with 108 Comments

FedSmith.com recently polled our users to see how long it took recent retirees to receive their full annuity payments. Here are the results.

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Is the Long-Term Gain Worth the Short-Term Loss?

By on May 16, 2012 in Retirement with 12 Comments

The author tells a true story of a federal employee and friend who suffered some serious health problems and had to contend with leave without pay and retirement annuity considerations to cover his medical bills.

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The Practical Effects of the Proposed Pension Changes

By on January 26, 2012 in Retirement with 135 Comments

The author illustrates a hypothetical scenario of two FERS employees with identical salary histories to show the dramatic impact the recently proposed pension reduction bill, as currently written, would have on future federal retirees.

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Selecting a Survivor Annuity: What Should You Do?

By on November 3, 2011 in Retirement with 22 Comments

Married employees considering retirement have choices regarding the survivor annuity. Do they want/need it? If they do opt for the survivor annuity, how much do they want it to be? How much will it cost?

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FERS and CSRS Federal Disability Retirement: Understanding the Practical Application of a Theoretical Construct

By on October 17, 2011 in Current Events, Human Resources with 11 Comments

In preparing, and filing a Federal Disability Retirement application under FERS or CSRS, a Federal or Postal worker who is contemplating filing for Federal Disability Retirement benefits must make the connection between “the forms,” “the evidence”, and “the law.”

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Annuity Retirement Processing Time will get Worse

By on October 12, 2011 in Retirement with 86 Comments

Many FedSmith readers have commented on the excessive time it takes OPM to process the paperwork for full annuity payments. It is likely to get worse instead of better. Here’s why.

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CSRS Is Better Than FERS. Are You Sure?

By on September 20, 2011 in Retirement with 279 Comments

The author walks the reader through some examples to illustrate that the CSRS retirement system may not be better than the FERS retirement system, despite popular belief to the contrary.

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Using the CSRS Voluntary Contribution Program to Max-Fund a Roth IRA

By on July 12, 2011 in Retirement with 5 Comments

Do you make “too much money” to qualify for a Roth IRA? CSRS and CSRS Offset federal employees have a unique benefit that can be used max-fund a Roth IRA.

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Federal Disability Retirement under FERS or CSRS: The Applicant's Statement of Disability

By on June 7, 2011 in Current Events, Retirement with 7 Comments

In preparing a Federal Disability Retirement application, a change in a medical diagnosis may require an amendment to the application. In such instances, should a change be implemented?

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