If retirement is on the horizon within the next five years, it’s time to embark on a critical self-assessment. Considerations such as eligibility for an immediate...
In Social Security’s 2023 annual report, a forecast emerged indicating that the program’s surplus could be depleted by 2035 if no governmental interventions are implemented. While...
As individuals approach the culmination of their federal careers, the emphasis often shifts towards maximizing savings within their Thrift Savings Plan (TSP). However, alongside this focus,...
Making informed decisions is key as you approach retirement under FERS. Here are the five major decisions you’ll need to tackle: 1. When to Retire Your...
While non-spouses may not be eligible for the FERS survivor benefit, there exists an alternative solution for those with financial dependents – the Insurable Interest Survivor...
As you approach retirement, it’s crucial to reassess your insurance coverage to ensure you’re not overpaying for policies that may no longer align with your needs....
Believe it or not, the control you have over your retirement income from FERS annuity (pension), Social Security, and Thrift Savings Plan (TSP) can be significantly...
Contemplating worst-case scenarios may not be pleasant, but it is an essential step when planning for retirement. Before entering this significant phase of life, it is...
Ensuring financial security for your surviving spouse post-retirement is a vital aspect of FERS retirement planning. Here’s a comprehensive overview to assist you in understanding and...
When strategizing your FERS retirement, grasping the implications of the Social Security Maximum Taxable Earnings Cap is paramount, both during your career and post-retirement. A Primer...