Retirement

New Data Sheds Light on OPM Retirement Backlog and Processing Times

When we look at the OPM retirement backlog, the number of pending retirement claims has been falling for months, yet the average time...

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Benefits

FERS Survivor Benefits: What Your Spouse Could Receive If You Die While Working

Most discussions of FERS survivor benefits focus on what happens when you retire and elect a survivor benefit for your spouse. But...

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Retirement

VERA Retirement: What Happens to Your Income Before You Reach MRA?

A VERA retirement can allow eligible federal employees to leave service years earlier than they otherwise could. But retiring early can...

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Retirement

Surviving Spouse Social Security Benefits: The Financial Shock Many Couples Don’t Expect

Surviving spouse Social Security benefits can replace much of the income lost when a spouse dies, but they don’t replace both spouses’ full Social Security checks. At the same time, the surviving spouse’s tax situation and Medicare costs can change. For federal retirees, that can create a meaningful drop in household...

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News

FEEA Emergency Loans: The Federal Financial Safety Net Many Feds Don’t Know About

FEEA emergency loans can provide a financial lifeline to eligible federal and postal employees facing certain unexpected hardships. Yet many federal employees have never heard of the organization behind them until they are already dealing with a crisis. The Federal Employee Education and Assistance Fund, or FEEA, is an independent...

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Could a Job Transfer Change Your FERS Pension Calculation?

A federal employee considering a transfer might look at the new salary, commute, and cost of...

Federal Retirees: Your TSP Can’t Do This. Your IRA Can.

For federal retirees who give to charity, there’s an important difference between your TSP...

Retirement Readiness Is About More Than Your Finances

Retirement readiness is usually measured in dollars. Do you have enough in your TSP? What will your...

How to Get Your Federal Personnel File After You Leave Government

If you need your federal personnel file after leaving government service, the process just became...

USPS FERS Contributions Remain Suspended. Here’s What the New IG Report Found.

USPS FERS contributions from the Postal Service remain suspended four months after the...

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Top Federal Retirement Questions Answered

As you near the finish line, the federal retirement questions start to pile up. How much should I...

Could This Bill Prevent the Next Government Shutdown?

A bipartisan Senate proposal introduced this month would fundamentally change what happens when...

OPM’s FEHB Health Claims Data Plan Raises New Privacy Questions

If you’re enrolled in the Federal Employees Health Benefits (FEHB) Program or the Postal...

Benefits

National Make a Will Month: Don’t Forget Your TSP Beneficiary Designation

August is National Make a Will Month, making it a good time to review your estate plan. But before you put your will back in the drawer,...

Retirement

The OPM Retirement Backlog Is Shrinking. So Why Are Wait Times Getting Longer?

The latest OPM retirement backlog report seems contradictory at first glance. The backlog of pending retirement applications continues to...

Retirement

Should You Delay Retirement? What Federal Employees Need to Consider

One of the biggest retirement decisions federal employees face isn’t choosing a TSP fund or deciding when to claim Social Security....

News

OPM Finalizes New RIF Appeal Rules for Federal Employees

The new RIF appeal rules finalized by the Office of Personnel Management (OPM) will change how certain federal employees challenge...

Retirement

OPM Annuity Errors: What Federal Retirees Should Know

Most federal retirees assume that once OPM calculates their annuity and starts sending monthly payments, the number is settled. Usually, it...

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TSP

S Fund Volatility: What Federal Employees Can Learn From July’s Pullback

S Fund volatility was on full display in July. After a 4.34% surge in June, which saw it lead the core funds, the S Fund became the weakest...

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