Social security changed throughout 2015. Here’s how
A social security timeline of 2015.
...Read MoreA social security timeline of 2015.
...Read MoreThe largest reason why COLA increases were not put into effect so far this year is because these increases are based on the Consumer Price Index figure.
...Read MoreThese are the things you need to know about Social security in 2016.
...Read MoreSocial security benefits have always been a way for federal employees to squeeze some extra undeserved money from the government.
...Read MoreFraud protection is something of paramount importance in the skeptic and cynical world of today and where social security and other veteran benefit policies are protected against fraud, federal retirement benefits is not. This is something that was always in the attention of the law forming bodies and now courtesy a bill put forward by
...Read MoreThere is a certain set of benefits that only the federal employees get; not all of them but the ones that come under the protective umbrella of the Federal Employees Retirement system. People with a history in government and a long career in such occupations that are covered by FERS get a benefit known as
...Read MoreFederal Program Leaves Disabled Facing Benefit Cuts Some 14 million disabled Americans face drastic benefit cuts of nearly 20 percent by 2016. Recent numbers indicate that the Social Security Disability Insurance Program will run out of money within in the next year, without help from lawmakers. While there has been a lot of
...Read MoreSocial Security Administration is facing financial problems putting the fund at-risk of being able to provide the same level of benefits to future generations.
...Read MoreTo be eligible for Social Security, you must first have worked a specific number of quarters. You will need 40 quarters to be fully insured for life. In other words, if you have worked for 10 years in jobs covered by Social Security, you can assume you are fully insured. by Todd Carmack
...Read MoreThe Federal Employees’ Retirement System FERS is a complex, three-tiered retirement plan that has three main components:
...Read MoreFederal Retirement brings a major change in the life of not only the retiree, but also their family. It is a shift from a structured way of life to an unstructured one, which can be unnerving and overwhelming, especially if you are not prepared.
...Read MoreIf you don’t take the benefit at the first point of eligibility- age 62 and wait until your full-retirement age, you stand to earn 6 to 8 percent more per year. If your spouse claimed Social Security at his or her full retirement age or older, as a widow or widower you are entitled to 100 percent of the benefit. If your spouse claimed the benefit earlier, then what you are entitled to is decreased.
...Read MoreFederal employees that are a part of the Federal Employees Retirement System (FERS) are eligible for both Social Security and for Thrift Savings Plan (TSP) employer matching – therefor these employees have quite a number of things to think about as they prepare for retirement.
...Read MoreThe ex-spouse can choose between receiving only the spouse’s benefits when applying and delay receiving benefits until a date in the future.
...Read MoreThe earnings limit may apply to your ex-spouse the same as you if they continue working while receiving benefits.
...Read MoreLet’s discuss Social Security and what it means if you are a divorced spouse. Although there are certain requirements that must be met, divorcees or ex-spouses can receive Social Security benefits based on your record even if they remarry.
...Read MoreFull retirement age is based on the year in which you were born.
...Read MoreIt is a personal decision to decide when to retire but there are some age-based considerations that will help to guide federal and postal employees when planning and making retirement decisions.
...Read MoreSocial Security Newsletter Social Security is more than just a retirement program. It provides benefits for disability to individuals with little income and limited resources. Social Security also provides benefits to children and support for your family in the event of your death. Even though Social Security may be the largest source of income for
...Read MoreUse the questions below to underscore your understanding of the complexities of Social Security. You may do the exercise individually or as a group. It is a good way to get family and friends thinking about the importance of getting started early to retire well.
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