OPM’s Retirement Applications Backlog Inches Higher in February
The outstanding backlog of retirement applications at OPM edged higher in February. Here are the latest statistics.
Federal employee retirement news: news about retirement-related topics as it pertains to employees of the federal government. Topics include FERS, CSRS, the latest TSP performance, annual COLA updates, and more.
The outstanding backlog of retirement applications at OPM edged higher in February. Here are the latest statistics.
What does it take to accumulate $1 million or more in your TSP account? It may not be as daunting as it might seem. The author provides several detailed examples with hypothetical numbers.
If you have been admitted to a hospital and you have Medicare, you need to know if you’ve been admitted as an inpatient or as an outpatient.
Recently proposed legislation would apply a new COLA for all federal benefits programs, but the author cautions that it may not be all it’s cracked up to be.
Recently introduced legislation would change the COLA used in computing federal employee retirement benefits.
The author outlines four mistakes federal employees under the Federal Employees Retirement System (FERS) will want to make sure to avoid when choosing their optimal retirement date.
The author proposes a change to Social Security that he says would enable the program to pay out more in benefits than it is currently projected to be able to do.
The author says there are four motivations that drive our retirement decisions, and if too many of them go unaddressed, it can create a less secure financial future.
I am 61 and getting ready to retire soon when I turn 62 and can draw my Social Security. It doesn’t appear I will ever need to touch my TSP or IRA, however, I was told I have to spend my TSP when I get older – is this true?
These are some facts about deferred retirement that could be critical for a federal employee.