When retirement is still years away, the questions are mostly about saving. Once it’s on the horizon, the questions change. Will my …
Retirement
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Retirement
Leaving Federal Service Early? Make Sure You Know the Difference Between Deferred and Postponed Retirement
by fedadvantageby fedadvantageMany federal employees assume that once they’ve earned enough years of service, they can leave government employment, turn on their pension whenever …
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Many federal employees retire with every intention of continuing to work. Some want extra income, others simply aren’t ready to stop working …
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Retirement
Inflation Picks Up, Raising Early Expectations for the 2027 COLA
by fedadvantageby fedadvantageFederal retirees and Social Security beneficiaries received another piece of the 2027 COLA puzzle this week as the latest inflation report showed …
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Retirement
How Your FERS Annuity Is Calculated: A Step-by-Step Breakdown
by fedadvantageby fedadvantageYour FERS pension is one of the most valuable benefits of a federal career, a guaranteed, inflation-adjusted income stream that will pay …
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Retirement
The FERS Special Retirement Supplement: A Closer Look at Who Qualifies and What to Expect
by fedadvantageby fedadvantageFor federal employees planning to retire before age 62, the FERS Special Retirement Supplement can be a significant source of monthly income …
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For federal employees planning their exit from government service, few numbers carry more weight than the FERS Minimum Retirement Age. It determines …
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As uncertainty surrounding the federal workforce continues to play out, OPM received a staggering 31,240 federal retirement claims in February. This is …
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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 …