Retirement and the Federal Employee: What a Difference a Day Can Make!

By on March 18, 2011 in Retirement with 20 Comments

When is the best day to retire? It depends. Here are a couple of examples and how it may impact your finances.

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How Much Will CSRS Federal Employees Receive When They Retire?

By on March 8, 2011 in Retirement with 48 Comments

How much will you receive in retirement income when you retire under the Civil Service Retirement System (CSRS)? Here are some examples that will demonstrate how your retirement income is calculated.

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Federal and Postal Disability Retirement under FERS or CSRS: The Law as a Shield of Compassion

By on February 8, 2011 in Current Events, Retirement with 11 Comments

When a Federal employee finds his medical condition prevents one from performing one or more of the essential elements of the job, he is considered “disabled” under the Law, and therefore eligible for Federal Disability Retirement benefits. Such an individual will often not be accommodated by the Agency, if only because “accommodation”is a difficult requirement to fulfill.

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Will You Receive Extra Social Security Credit as a Federal Employee for Your Prior Military Service?

By on December 19, 2010 in Retirement with 3 Comments

Were you in the military prior to 2002? Are you going to qualify for Social Security? If you answered “yes” to both questions, I have good news for you! You are going to receive extra earnings credits, which will result in a higher Social Security benefit. Here’s how it works.

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Exclusive Q and A on Transferring CSRS Voluntary Contributions Program to A Roth IRA or An IRA

By on December 17, 2010 in Retirement with 10 Comments

Do you have questions about the CSRS Voluntary Contributions Program? You are not alone. The CSRS Voluntary Contributions Program (VCP) is an excellent benefit for CSRS and CSRS Offset federal employees. One of the great ways to use this program is to max-fund an IRA. Here is an exclusive excerpt from a new book that explains how this process works.

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Overpaying FERS Annuity Supplements?

By on November 22, 2010 in Retirement with 2 Comments

What is the FERS annuity supplement and how is it calculated? The author says that OPM is over-paying FERS annuity supplements because of differences in how OPM calculates the supplement from how the Social Security Administration calculates payments.

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Federal Disability Retirement under FERS and CSRS: The Unintended Consequence of Situational Disability

By on July 13, 2010 in Current Events with 0 Comments

In filing for Federal Disability Retirement benefits under FERS or CSRS, it is often the unintentional statement which can devastate a Federal or Postal employee’s disability retirement application.

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The Windfall Elimination Provision: How Does It Work? To Whom Does It Apply?

By on June 6, 2010 in Retirement with 22 Comments

The Windfall Elimination Provision (WEP) reduces, but does not eliminate, the earned Social Security benefit of a person who is also receiving a pension from a system where no Social Security payments were withheld.

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FERS and CSRS Disability Retirement: The Game of Legal Relay and the Importance of Identifying the Right Evidence

By on April 29, 2010 in Current Events with 0 Comments

The purpose of filing for Federal Disability Retirement benefits under FERS or CSRS is to get an approval from the Office of Personnel Management. One of the ways to be effective is to cite legal authorities which support the basic criteria for eligibility.

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Federal Disability Retirement under FERS and CSRS: Revisiting "Accommodation"

By on March 12, 2010 in Current Events, Retirement with 3 Comments

How does agency “accommodation” of an employee’s medical condition impact disability retirement?

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