You might be eligible for a pension top-up
Who wouldn’t want some extra cash, especially now, when everything from energy bills to the monthly grocery shopping…
...Read MoreWho wouldn’t want some extra cash, especially now, when everything from energy bills to the monthly grocery shopping…
...Read MoreAn annuity is one of several choices for withdrawals from a
...Read MoreThe Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS) are vastly different. So it’s worthwhile to look into such differences and discover why they exist.
A congressional statute established the CSRS in 1920, a defined benefit pl…
...Read MoreThere are 3,834 Medicare Advantage (MA) plans, 766 Part D Prescription Drug Plans (PDPs), and many carriers offering Medicare Supplemental plans.
...Read MorePursuing your retirement goals is challenging without making specific, frequent, and easily preventable errors. Here are eight significa…
...Read MoreWith 2023 rapidly approaching,
...Read MorePrior military service may earn federal employees retirement credits, which can calculate retirement eligibility and annuities. However, the qualifying conditions for CSRS and FERS personnel are not the same. Here is a full breakdown of the regulations that govern the two systems.
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Meeting age and service requirements are two necessary conditions for annuities, especially in terms of an immediate and unreduced annuity. However, suppose you are…
...Read MoreAccording to the Office of Personnel Management’s (
...Read MoreAs a government employee, there are several ways to manage retirement for stable financial security well into your golden years. Aside from
...Read MoreIf you were employed under the CSRS and served the government for at least five years before leaving, returning after a hiatus of more than a year, and doing so after December 31, 1983, you were given an option. The CSRS and
...Read MoreMarital affairs should be confidential; however, with survivor benefits, the government needs to know about the state of your relationship, whether married, separated, or divorced.
Your survivor benefits under (CSRS) and (FERS)
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...Read MoreLet’s look at two different types of retirement that are open to folks who desire to take a break before finishing their job.
...Read MoreIn 2021, the Social Security Administration (SSA) resumed its tradition of providing early retirement to qualified employees. However, …
...Read MoreA recent study demonstrates the importance of a defined benefit program, like the FERS or CSRS civil service annuity. It shows how much faster those without such benefits deplete their assets after retiring.
According to the Center for Retirement Research, given the e…
...Read MoreMany federal retirees are uncert…
...Read MoreDo you work for the federal government as a civilian? If that’s the case, depending on when you started working, you’ll be eligible for one of two federal retirement systems: • Federal Employees Retirement System (FERS) • Civil Service Retirement…
...Read MoreFederal Employee’s Health Benefits (FEHB) can change outside the open season due to qualifying life events.
The majority of Federal Employees Health Benefits (FEHB) enrollment changes during the open season, which occurs yearly. Even though most enrollment changes occ…
...Read MoreThe Steps You Must Take For A Successful Financial Retirement: By Bill Eager As per Bill Eager most federal employees are thinking about how they’ll spend their life after they retire. If you’re set to retire this year (with a date already in mind), it’s time to file your paperwork. The transition from employment
...Read MoreRon Raffino, the Federal retirement specialist, gives tips and advice for Federal Employees who plan on retiring in five years.
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