Tag: FERS

Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

By on July 30, 2018 in Retirement with 0 Comments
Taxes Are Temporarily ‘On Sale’ – Are You Taking Advantage?

With federal spending rising, future individual tax rates are expected to be higher. The author describes options for offsetting this potential tax burden.

Continue Reading »

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.

Continue Reading »

Four Reasons Not To Take A TSP Loan

By on July 16, 2018 in Pay & Benefits with 0 Comments
Four Reasons Not To Take A TSP Loan

Federal employees can borrow against their TSP accounts to raise cash. However, the author advises that this is not a good idea.

Continue Reading »

Is Working after Retirement Worth the Costs?

By on July 12, 2018 in Q&A, Retirement with 0 Comments
Is Working after Retirement Worth the Costs?

Is it true that there is an income limit for federal retirees under FERS who work after retiring from federal service?

Continue Reading »

What Does ‘Creditable Civilian Service’ Mean?

By on July 10, 2018 in Q&A, Retirement with 0 Comments
What Does ‘Creditable Civilian Service’ Mean?

I often see the phrase “creditable civilian service” in FedSmith articles – what does this mean?

Continue Reading »

How Can Federal Employees Plan for a Secure Retirement Despite Proposals to Cut Their Benefits?

By on June 26, 2018 in Pay & Benefits with 0 Comments
How Can Federal Employees Plan for a Secure Retirement Despite Proposals to Cut Their Benefits?

Recent proposals suggest cutting federal employees’ retirement benefits. How much of an impact would these have if you look at some of the actual numbers?

Continue Reading »

Retirement Cut Proposals Threaten Millions of Federal Workers

on June 12, 2018 in Retirement with 0 Comments
Recent proposals would make reductions to many of the retirement benefits for federal employees under the Civil Service Retirement System (CSRS) or Federal Employees Retirement System (FERS) in an effort to reduce budget deficits. This is a summary of some of the proposals.

Continue Reading »

3 Bad Days or 6 Lucky Numbers

By on June 11, 2018 in Retirement with 0 Comments
3 Bad Days or 6 Lucky Numbers

Do you know your lucky numbers for retirement? The author lists six important ones for federal employees in their retirement planning.

Continue Reading »

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?

Continue Reading »

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.

Continue Reading »

Top