For federal retirees under the Federal Employees Retirement System (FERS), the terms “deferred annuity” and “postponed annuity” refer to distinct options for receiving retirement benefits after leaving federal service. Here’s a clear breakdown of the differences: ...

When the Federal Reserve lowers interest rates, news coverage usually zeroes in on Wall Street and inflation. For federal employees and retirees, however, the more important question is simple: How does this affect my finances? A ...

As the fallout from the Deferred Resignation Program and the uncertainty surrounding the federal workforce continue to play out, OPM received 23,393 federal retirement claims in November. Though the deadline for the DRP was September 30, ...

Understanding how annual leave is earned—and how much you can save—plays an important role in planning your time off and preparing for retirement. Annual leave gives federal employees the flexibility to take vacations, rest and recharge, ...