Why is Social Security so Hard to Understand?
“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?”
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.
“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.
What will you do when you retire? Here is a column from a retired federal employee who has opted to spend some of his time and money traveling around the world.
Some readers have been delaying their retirement with the expectation of getting a financial gain from credit for their unused sick leave. That may happen but the final legislation may not bring the windfall you are expecting.
A number of readers have been surprised, and at least some are angry or upset, over a premium increase in the federal long term care insurance program for some participants. Here is an explanation of how the increase will work and how much of an increase you may be facing.
The Special Retirement Supplement (SRS) is a payment that is made by OPM and is designed to approximate the amount of an age 62 Social Security benefit that is due to civilian service under the FERS retirement system. Most FERS retirees begin receiving the SRS at their Minimum Retirement Age.
There is a real possibility that the contribution limits to your Thrift Savings Plan could go down for 2010. Here is why this is the case.
For the first time since the current system was put into place in 1975, the annual COLA adjustment is unlikely to appear in your paycheck next January. Here’s why.