FERS 3-Legged Stool vs FERS Recliner: Where Will You Sit?
The author outlines key components of the FERS system you will need to have a successful retirement.
FERS
Unlock the complexities of the Federal Employees Retirement System (FERS) with our insightful collection of articles. Federal retirees will find resources to help learn about the intricacies of FERS annuities, exploring key aspects of retirement planning and financial security. Stay informed about the impact of Cost of Living Adjustments (COLA) on FERS benefits, ensuring a comprehensive understanding of your retirement income. Explore topics ranging from annuity calculations to the latest updates on COLA adjustments, empowering you to make informed decisions for a secure and fulfilling retirement.
Can Career Complacency Cause Retirement Regret?
I am a 42 year old GS-10 FERS employee with 12 years of service. As long as I work at least 30 years and put 5% into the TSP, will my retirement income be that much different from someone that is a higher grade than me?
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.
Interest Rates and Your TSP Annuity
Have the low interest rates we have been having for the last several years affected the amount of money a person would be entitled to if he chose the TSP annuity option?
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.
10 Critical Coordinates for Navigating FERS Retirement (Part 2)
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In the second article in the series, the author discusses actions federal employees should take to help them prepare for a successful retirement.
10 Critical Coordinates for Navigating FERS Retirement (Part 1)
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? The author outlines several key points that federal workers in this system should be aware of to make the most of their benefits for planning a successful future retirement.
Worst Case Scenario: Proposed Cuts to Federal Pay and Benefits
A “Comprehensive Policy Agenda for a New Administration in 2017” proposes changes for the federal workforce that would save about $330 billion by 2026. The proposals envision cuts to federal pay and benefits in a number of ways from changes to retirement, the federal leave program, and removing federal workers. Here is a summary.
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.
Phased Retirement Coming to DoD
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.
