In its 2023 annual report, Social Security revealed that without governmental intervention, the program’s surplus will be depleted by 2035. While some interpreted this as Social...
Recent economic forecasts suggest a decline in inflation from 3.2% in 2023 to 2.4% in 2024, according to Forbes.com. While the Federal Reserve is lauded for...
As the new year unfolds, it’s prudent for federal employees to reevaluate their retirement plans in light of recent changes. From pay raises to tax adjustments,...
Considering dropping your FEGLI coverage upon retirement? It’s a decision often pondered among federal employees due to concerns over age-based premiums impacting their FERS annuity. Before...
Contemplating extending your working years beyond your Minimum Retirement Age (MRA)? Delving into the FERS 10% Bonus available at age 62 could offer valuable insights. Here’s...
As you hit the half-century mark, retirement planning starts to take center stage. Here are five pivotal milestones to guide your retirement journey: 1. Age 50:...
The TSP Life Annuity, provided by MetLife, presents an alternative for TSP account holders seeking a distinct approach to managing their distributions. However, before diving in,...
Since its introduction in 2012, the Roth TSP has provided federal employees with an additional avenue for retirement savings. Let’s delve into the pros and cons...
Upon reaching the age of 65, federal employees become eligible for Medicare Parts A and B. While Medicare Part A (covering inpatient hospital care) is generally...
It may come as a surprise that, before 2009, Federal Employees Retirement System (FERS) employees forfeited their unused sick leave at the end of each year....