Do You Know Retirement Savings is Dependent on Your Age Group?
The amount required for retirement varies for each individual. Nonetheless, there are milestones to strive for in each de…
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Lawmakers Unveil Bill to Safeguard Retired Police and Fireman Tax Credits
More tax relief may be forthcoming for Washington’s retired police and fire personnel. According to a news release from Rep. Abigail Spa…
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Are 5000 new TSP Options Too Many?
What if your favorite eating establishment’s menu grew from 15 to over 5,000 new options? Could you deal with it? Do you think it’s a good idea, or do you think it’s a bad idea? Maybe you’ll choke on your options.
Prepare to be surprised.
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Early Retirement Reality Check
Even if you like your work, there are times when alphabetizing the spice cabinet would be preferable to traveling a crowded train with hundreds of sniffling passengers. You could be considering early retirement as you wobble in the car next to a guy who has biked four hours to the station.
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Answers To Your Questions About Social Security Benefits, COLA and Spousal Benefits Rates
Did I miss out on Social Security’s 5.9% COLA for 2022? Q: Full retirement age (FRA) was in November of last ye…
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Federal vs. Private Sector Retirement Programs
There are several significant advantages that federal retirement systems have over private-sector plans. In some ways, federal retirement systems (for both military an…
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Open Season Offers Choices
The annual federal benefits open season, which has begun and will run until December 13, gives a chance to modify FEHB health insurance and FEDVIP vision-dental insurance coverage and choose flexible spending accounts for 2022. The enrollee share of FEHB premiums will increase by 3.8% on …
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Avoid These Mistakes While Planning for Retirement
It is terrible that some government employees who have worked for their country for 10 or 20 years will not be able to retire when planned because of unfinished business from their time in the service to the country.
This article focuses on employees’ most common fe…
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Special Category Employees and Retirement Benefit Differences
If you are considered a Special Category employee, there are some distinguishable rules that you should be aware of.
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About 30,000 Federal Employees to get better Retirement Benefits
Two democratic senators have proposed a new bill that boosts the retirement benefits of around 30,000 federal employees who face dangers on the job.
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Federal Government Shells Out $18 Million to Destroy Marijuana
The federal government is trying very hard to eradicate all illegal marijuana plants across the nation and spending a huge amount of money on it.
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Will Spending Be The Same In Retirement?
For Federal Employees, spending will change in retirement. Some federal retirees will spend more and some will spend less based on their individual financial situation.
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Retiring In Less Than One Year
You should carefully read all of the information in the application package and submit the forms. You do not need to submit a resignation letter. Your completed and signed application is equivalent to a resignation.
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LEO Equity For All – Men and Women in Uniform
Because of the nature and danger involved in the work these civilians perform, their retirement provisions are unique. They are able to retire at an earlier age than most, long before they first become eligible to receive Social Security benefits at age 62.
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Million Dollar LEO (Law Enforcement Officer) Question
Many questions surrounding the retirement system for LEOs come from LEOs as well as non-LEOs
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Law Enforcement Officers (LEO) – Who Qualifies May Surprise You
Individuals are deemed qualified law enforcement officers (LEOs) as a result of, but not limited to, their government employment status and are authorized to engage in direct crime prevention, conduct investigations, detect illegal activity, prosecute or confine individuals violating the law.
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Law Enforcement Officer: Explanation of FERS Components for LEOs
We have focused on LEOs, but let’s take a brief moment to explain the 3 legs of the Federal Employees Retirement System (FERS). This post was prompted by an email question from a FERS employee.
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LEO (Law Enforcement Officer) FERS Supplement
Law Enforcement Officers (LEOs) who retire before reaching age 62, the age of first eligibility for Social Security benefits, are qualified for what is commonly called a FERS supplement. It is better explained as a gap filler.
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LEO (Law Enforcement Officer) Mandatory Retirement Age
Law Enforcement Officers (LEOs) have a mandatory retirement age and must retire from their covered positions at age 57.
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LEO Retirement: What is it?
When it comes to has ‘earned’ their retirement Federal Law Enforcement Officers (LEOs) are at the top of the list. I believe it is more than fair to say that law enforcement is hazardous duty. LEO retirement, therefore, is an reward for navigating hazards that are much more dangerous than your typical 9-5 job.
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