Protecting Social Security From Hobgoblins
The author says that neither political party has a viable plan to help Social Security.
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 author says that neither political party has a viable plan to help Social Security.
The total size of the OPM retirement backlog saw almost no change in August 2022.
Federal employees under FERS can get a higher annuity by waiting until age 62 to retire.
Retirement eligibility under FERS is determined by a federal employee’s age and number of years of creditable service.
These are five basic things to know about Social Security.
Using the TSP to save for retirement is a good thing, but the author says that many federal employees make a mistake in their planning.
What you pay for Medicare Part B in retirement can vary widely, and it’s because of your Modified Adjusted Gross income.
Federal employees who retire early under FERS and do not continue earning wages need to be aware of the impact to their Social Security benefits.
These are some tips for federal employees who are planning to retire in less than five years.
Once federal employees have maxed out their TSP accounts, they can begin saving in other areas to help fully realize their financial goals.