The Social Security Double Tax Bomb
As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.
Stay informed on the latest FERS retirement news, including updates on FERS annuity calculations, retirement eligibility rules, service credit, COLA adjustments, and federal retirement policies that affect current and future retirees. Find clear explanations of FERS benefits, survivor options, the FERS supplement, and key guidance to help federal employees understand how their retirement income is calculated and how policy changes may impact long‑term financial security.
As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.
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.
Are you filing for both FERS Disability Retirement and OWCP? Here are some important things you must know.
What taxes can federal employees expect to pay after they retire from federal service?
Federal retirees receive COLAs on their annuities to help offset inflation, but are there any similar options with your TSP account?
Do you know how to estimate your high-3 for calculating your FERS annuity? This tool can help.
Do you have enough saved to retire? While there is no easy answer to this question, the author lists three questions to ask to help you begin planning.
The COLA for 2020 has been met with a tepid response. The author explains how it is calculated as well as prospects for seeing higher future COLAs.
Are you ready to retire? How will you spend your time when you get there? Planning properly now will help ensure you have a more enjoyable retirement.
The author says that although federal employees may not think of themselves as lucky, they have plenty for which to be thankful.