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April 16, 2021

Federal Employee Retirement and Benefits News

Federal Retirement Articles




Let’s Clarify How Your High-3 Can Increase Your Annuity

Your decision to retire can’t be affected only by reaching the age requirement and service combination that makes you eligible to retire. When the day comes, you must ask yourself whether you’re financially ready. What if you’re not? One option...

7 Federal Retirement Mistakes to Avoid, by RICK VIADER

Retirement is one big step to take, and it requires a lot of planning. The more time you put into planning for retirement, the more comfortable you’ll be when you retire. This article explores a list of things to consider...

How Retirement Planning Has Changed and What You Can do to Keep Up, by Michael Sesler

At first glance, it might seem like retirement planning has remained the same over the years, but that's not true. Today, savers face more challenges than what was experienced in the past. These new hurdles listed below have changed the...

Special Retirement Supplement: Who, How, and What?, by Leslie “Kathy” Hollingsworth

Many prospective retirees have been clamoring for information about Special Retirement Supplements or SRS. The supplemental benefit is one of the many strong suits of FERS.  Just like every other aspect of retirement, it is crucial to know everything about...

COVID-19 Causes TSP Issues as $3 Billion Leaves System

Sadly, the COVID-19 global pandemic has caused issues for individuals and businesses around the country. Even the government hasn’t avoided problems, and officials revealed this week that $3 billion had left the TSP due to the pandemic.   With the...

Looking to Retire Early Under FERS? Here Are Some Tips

FERS workers who wish to have an immediate annuity will need any of these age and years of service combinations: Minimum of 62 years of age + five years of service Minimum of 60 years of age + twenty years...

Proposal for Better Retirement Benefits and Higher Pay for Federal Workers

In what would be the largest single increase in over ten years, a 3.2% raise has been suggested by House civil service leaders for all federal workers. Although workers experienced a 2020 increase of 3.1%, the rest have fallen between...

Are You Planning Retirement or Going Back to Work?

2020 is one year that will be talked about for a long time for many reasons. The coronavirus pandemic changed everything and affected just about everybody. Fortunately, cases are declining, and things are gradually going back to normal. Before the...

How the FERS Special Retirement Supplement Can Help You, by RICK VIADER

Federal employees under the Federal Employees Retirement System (FERS) enjoy a rare and relatively unknown benefit called the FERS Retirement Supplement. Even the Civil Service Retirement System (CSRS) has nothing compared to it. The FERS supplement is also known as...

Things to Take Care of as Retirement Gets Closer, by Michael Sesler

If you’re the type of person who has picked ahead a perfect date to retire, and if that date is by the end of this year, it’s time to start counting the days. Take a look at this list with...

Possible Change to Military Retirement Pay and Tax with State Bill, by Mark Heinrich

At the beginning of every year, it’s normal to see rumors of potential bills flying around as lawmakers around the country make their views heard. With House Bill 83, four State Representatives have come together to fight for military service...

List of Important Potential Bills and News Stories for Federal Workers

Every year, we all get excited about the potential bills and news stories for federal workers. We’ve seen lots of changes in the last 12 months, and the global pandemic is responsible for much of this. However, Congress members still...

Possible End to Retirement Loophole Affecting First Responders with New Bill

Over the years, many federal first responders have been injured while working in the field. This includes law enforcement officers, firefighters, and other professionals. After being forced to leave their job, many people don’t realize that they also lose access...

Check These Things Off Your Retirement To-do List

As the big day draws closer, and it seems like you have a million things to do before retirement, it is essential to have a to-do list, so you don’t forget the most important things. Here are some necessary things...

How Dual-Feds Can Get the Best of Retirement Benefits

There are many things to consider before retirement – especially the welfare of partners, children, and other dependents.  If only one family member is in federal employment, different retirement packages are available to take care of dependents. The worker only...

Drawbacks of Deferred Retirement

FERS employees have the option to leave federal service earlier than usual through deferred retirement. This option is especially great for Federal workers who wish to pursue other career paths outside federal service because they do not have to stick...

Is Phased Retirement What You Need?

Does phased retirement fit you? Let’s go through how it works and find out. Phased retirement was authorized in November 2014, so as a concept, it’s a relative newcomer. Since it’s still fresh, not many Feds comprehend how it works...

It’s Time to Get Serious About Your Post-Retirement Money

You have to estimate your net income. Is your retirement date getting closer and closer? If yes, it’s important to calculate your potential net income using all sources of retirement funds. Let’s suggest some things you can do. Make a...

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