As uncertainty surrounding the federal workforce continues to play out, OPM received a staggering 31,240 federal retirement claims in February. This is …
Retirement
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Social Security rules are complicated, and even financially savvy individuals often discover, sometimes too late, that small misunderstandings can reduce lifetime income, …
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Retirement
Federal Retirement Benefits: Calculation and Common Estimate Mistakes
by fedadvantageby fedadvantageFederal Retirement planning can feel like navigating a maze. Your Thrift Savings Plan (TSP), annuity, Social Security, and other benefits all contribute …
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For years, the classic “4% rule” has been a go-to guideline for retirees: withdraw 4% of your portfolio in your first year …
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As the fallout from the Deferred Resignation Program and the uncertainty surrounding the federal workforce continue to play out, OPM received 23,393 …
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Leaving federal service is more than choosing a retirement date. It’s a process that involves careful planning to protect your income, safeguard …
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When you put money into your TSP or other tax-advantaged retirement accounts, the contributions you make have not been subject to income …
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Many federal employees set their retirement plan on autopilot and don’t look back until a sudden change throws them off course. From …
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OPM continues to deal with high numbers of federal retirement applications, as June saw 13,430 employees file for retirement. While this number …
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The FERS Retiree Annuity Supplement has so far avoided proposed federal benefit reductions, presenting some federal employees with a key decision: continue …