When Does an Employee Have to Retire to Receive the 2017 COLA?
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
An employee who plans to retire on 1/3/2017 wants to know if he has to be off of the government’s payroll by 12/31/16 to receive the COLA. The author provides the answer.
The author says that taxes are likely to be higher in the future when current federal employees are at or nearing retirement. He outlines some options available to federal workers to help offset future tax burdens.
The Office of Personnel Management has announced that certain benefits election forms with hand made corrections will no longer be accepted.
There will be a COLA increase of 0.3% for federal retirees and Social Security recipients in 2017.
Numerous organizations recently sent a letter to lawmakers urging them to find a way to ease the burden of expected rising Medicare part B premiums in 2017 to help retirees.
All but one TSP fund had positive returns in September. Here are the best and worst performing funds so far in 2016.
How do you determine how much money you will need in retirement? A lot depends on the retirement lifestyle that you desire. The author discusses the “80% rule” and how it applies to giving you the lifestyle you desire to have in retirement.
Are you taking full advantage of the benefits available to you as a federal employee under the Federal Employees Retirement System (FERS)? In his final article in this three part series, the author discusses actions federal employees in the FERS system should take to best utilize the benefits available to them to prepare for a successful retirement.
A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.
Turning accumulated savings in the Thrift Savings Plan into a stream of income is a goal for federal employees who are hoping to retire at a comfortable level. The author looks at choices federal workers have both inside and outside of the TSP to generate retirement income.