Phased Retirement Moving Forward
What do you need to know about phased retirement before entering this program? Here are some key points that any phased retirement employee will want to know ahead of time.
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.
What do you need to know about phased retirement before entering this program? Here are some key points that any phased retirement employee will want to know ahead of time.
The author outlines some of the resources available to federal employees to help them save for an early retirement.
The author says that while the idea of exposing all wages to payroll taxes is one of the more popular policy options in the Social Security debate, it is bad policy that will only serve to further destabilize the system over time.
A common situation involving agency misinformation can arise when a federal employee is told that he or she can withdraw his or her contributions and can later redeposit retirement contributions after departing federal service and when he or she reaches retirement age. The author explains the details of this misconception.
A new study from the Federal Reserve shows that half of Americans surveyed have either given “a little” or no thought at all to preparing for their retirement.
When you retire, you will be faced with many choices as to what to do with your Thrift Savings Plan investments. This article considers the choice of leaving your money in the TSP or transferring it into an IRA.
The author says that the loss of the annuity supplement under phased retirement is a big disadvantage. However, he outlines a comparable alternative that could help offset this loss.
Can a former federal employee add federal service time to a state employment system?
The Thrift Savings Plan has issued some guidelines for federal employees who fall under the new phased retirement status to be aware of as they transition into the new phased retirement program.
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.