Tag: FERS

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...

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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

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 living. There’s another number worth...

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Retirement

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 and an IRA that becomes especially...

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Retirement

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 FERS pension provide? When should you...

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News

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 agency’s emergency cash conservation plan...

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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...

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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....

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