At the age of 65, it’s mandated by federal law that FERS participants must make a crucial decision regarding Medicare enrollment. If you’re currently an active...
For many, the prospect of retirement conjures a mix of anticipation and uncertainty. A prevailing reason behind the lack of retirement planning stems from a fundamental...
For years, the 80% rule has served as a cornerstone in retirement planning, dictating that you’ll require 80% of your pre-retirement income to sustain your lifestyle...
Navigating the intricacies of Social Security can be akin to deciphering a complex code for many individuals, particularly federal workers. One crucial aspect often shrouded in...
When preparing for federal retirement, overlooking the accuracy of your Official Personnel Folder (OPF) until the eleventh hour can prove to be a critical error. The...
As your FERS retirement date approaches, it’s crucial to grasp how your account is managed once the TSP receives notification of your separation from service. From...
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...