Social Security Taxes on Vacation Payout
If I retire near the end of the year, is my vacation payout going to be subject to Social Security tax if I have already reached the upper limit for payments under FERS?
FERS
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.
5 Important Questions To Consider Before Applying For OPM Disability Retirement
The author outlines five questions that identify a few of the initial considerations that federal employees should examine when determining whether they should pursue OPM disability retirement.
How to Make Early Retirement a Reality
The author outlines some of the resources available to federal employees to help them save for an early retirement.
Phased Retirement: Answers to Some Common Questions
The Office of Personnel Management announced the long awaited final regulations for the phased retirement program for federal employees late last week. As part of that announcement, OPM has also released a document with answers to some common questions employees are likely to have about this program.
Close to Retirement? Move Somewhere!
The author says that federal employees who move to more expensive locality areas prior to retirement can actually boost their annuity after retirement. He explains how this works through the use of some hypothetical examples.
Legislation Introduced to Repeal Increases in Federal Employee Pension Contributions
Two Congressmen have introduced legislation that would repeal the recent increases in federal workers’ pension contributions.
Should I Apply for Retirement 6 Months in Advance?
My OPM officer is saying that if I apply for retirement 6 months in advance, the application will “only sit in a folder.” Can you suggest what I should do?
Calculating Your High Three Salary
Does OPM base the CSRS retirement calculation on an employee’s high-three annual BASE PAY or LOCALITY PAY when determining the annual retirement payment?
Postponing Retirement Under FERS
If I elect a postponed retirement to age 62, will I receive an increased annuity?
Was the FERS Special Supplement Terminated?
I thought the FERS special retirement supplement was terminated in the FY14 Budget – has it been reinstated?
