You Need More Than Just Social Security for a Comfortable Retirement
The SSA says that Social Security is not meant to replace all of your income in retirement; therefore, it's also critical to do your own saving.
🇺🇸 In honor of those who gave everything in service to this nation — FedSmith observes Memorial Day with gratitude. 🇺🇸
Stay informed on Social Security updates that affect federal employees and retirees, especially those covered under FERS. Explore news and analysis on Social Security COLAs, benefit calculations, earnings limits, claiming strategies, and policy changes that influence retirement income. Find clear explanations of how Social Security integrates with FERS benefits, the FERS supplement, and long‑term financial planning. Keep up with legislative developments, inflation trends, and key rules that shape Social Security benefits for federal retirees.
The SSA says that Social Security is not meant to replace all of your income in retirement; therefore, it's also critical to do your own saving.
Will Social Security be there for Millenials in retirement? The author isn't very optimistic about the possibility.
What should you do if you find errors in your Social Security statement? The author lists some suggestions and also highlights the need to periodically check your statements.
A new report breaks down income tax rates by state. Which states are likely to be best for retirees?
The author says a little used feature of Social Security says a lot about the program's coming crisis. It may cost future retirees nearly 1/2 trillion in benefits.
I'm confused about my 35 years of CSRS Offset and Social Security pensions. Can I estimate how much will I get in monthly pensions from both?
How much money is Social Security costing you in terms of lost savings? The author offers an analysis.
What is the Government Pension Offset, and how does it affect your pension?
What is the Windfall Elimination Provision, and how can it affect your retirement income?
Senator Marco Rubio (R-FL) shared his ideas on Social Security in a recent interview. The author says they would ultimately turn it into a welfare program.