Understanding and Getting the Most Out of FERS
This is a basic guide to help federal employees understand some of the key points of the FERS system.
This is a basic guide to help federal employees understand some of the key points of the FERS system.
The author says that the more time that goes by, the worse off financially the Social Security program becomes. He argues that politicians need to work on a fix before it’s too late.
Visiting a Social Security office as a customer could have been a dreadful experience but it was not. What to expect when you visit one of these offices and how to make your visit go more quickly and to help ensure your information is calculated quickly and accurately.
A recent report from the Congressional Budget Office makes a myriad of proposals designed to help put a dent in the growing federal debt, some of which would directly impact federal employees.
The cost-of-living adjustment for Social Security recipients, CSRS retirees and FERS retirees (other than special category employees) age 62 or older will be 1.5%. The author goes over some detailed numbers to illustrate what this will mean.
Social Security is an important benefit in retirement. What many people do not know, though, is the sheer number of options you have when considering how to file for your benefits. Those options will depend on your age, marital status, and other factors, but should all be considered before deciding on a filing strategy.
Will your pension and TSP withdrawals count towards the Social Security earnings test?
The author says that the Social Security amendments passed under Reagan’s presidency laid the foundation for 30 years of embezzlement of the trust funds.
How long can one expect to live? It can vary according to the Social Security calculator.
Planning for your retirement is a necessity. The first step to begin this process is to understand the retirement benefits available to you as a federal employee.