Should You Elect a Survivor Benefit for Your Spouse?
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.
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.
Should you elect a survivor benefit for your spouse? You must pay for survivor benefits out of your annuity. Here are the costs and some of the considerations when you make this decision.
Federal employees who are under the CSRS retirement system are supposed to get another $250. So how do they go about getting this money?
More and more studies show that people who ease their way into retirement report greater satisfaction with their transition into retirement.
We have received questions from readers, perhaps because OPM is now distributing its annual “Notice of Annuity Adjustment,” inquiring about why there is no COLA increase for federal retirees in 2010 when the average federal employee is getting a raise.
People often ask, “What’s the best day to retire?” There is only one answer that will fit everyone and every situation. That answer is “It depends.” In fact, the best day to retire depends on many factors; factors that can lead different people to reach different conclusions. Here are factors you should consider.
We are in that time of year when Congress, the White House and others announce numbers for the next year. The number in which current employees are most interested was just announced – the “comparability increase” (aka your raise) will be about 2%. Here is how this raise compares with other numbers that impact you and your family.
“I think we can all acknowledge that most people don’t understand Social Security, and have difficulty getting their questions answered. So, what can you do if you’re ready to consider benefits?”
What should you know about your financial planner and what questions should you ask? Here is a good starting point.
In filing for Federal Disability Retirement benefits, it is often just as important for an applicant to know what will result in a denial of an application, as it is to know what is needed to get one approved.
The federal retirement Tsunami has been the source of speculation and articles but this Tsunami has not occurred. This cultural trend is not unique to the federal government. Here are some of the reasons.