5 Things To Like About Pension Max
A properly implemented insurance plan can save you money, provide flexibility and give you control of that survivorship benefit.
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.
A properly implemented insurance plan can save you money, provide flexibility and give you control of that survivorship benefit.
When a Federal employee finds his medical condition prevents one from performing one or more of the essential elements of the job, he is considered “disabled” under the Law, and therefore eligible for Federal Disability Retirement benefits. Such an individual will often not be accommodated by the Agency, if only because “accommodation”is a difficult requirement to fulfill.
A Federal employee with prior military service has the option of making a deposit into the retirement fund, in order to receive credit for this service in his annuity. Is it worthwhile for the employee to make the deposit?
During your working years, there may have been a nagging little voice inside your head worrying about what would happen to your family if you died before you’re able to send your children to college or marry them off. As you get closer to your retirement and the kids seem well on their way to being self sufficient, the worry changes from a concern for your early demise to the other end of the spectrum–living too long.
With tax time approaching, it is a good time for federal retirees to review the taxability of their various sources of retirement income.
We have received numerous queries from readers asking why their annuity payments decreased in January. Here is our explanation of what has occurred.
Long term care insurance has been a source of frustration for some who did not anticipate a significant increase in premiums last year. If you are considering signing up for this insurance plan, do your homework about the costs and potential benefits.
Real proposed changes to federal employee pay and benefits always lead to rumors about how some will benefit and some will be harmed. The internet gives rumors a credible life of their own. Here are some of the latest rumors and the often less dramatic reality.
The deficit commission has proposed changing federal retirement to use the highest five years of earnings to calculate civil service pension benefits for new retirees (CSRS and FERS) rather than the highest three years. How much of a difference would this make in a retirement annuity? It depends. Here are several scenarios.
This article looks at your retirement annuity when you left federal service, withdrew your contributions and did not re-deposit the money when you returned to work for Uncle Sam. What should you do?