For federal retirees under the Federal Employees Retirement System (FERS), the terms “deferred annuity” and “postponed annuity” refer to distinct options for ...

In 2024, the Office of Personnel Management (OPM) processed approximately 92,000 retirement applications. Mistakes or missing information in your retirement application can ...

A Service Computation Date (SCD) plays a pivotal role in shaping a federal employee’s access to various benefits and programs. How it’s ...

When government agencies need to downsize or restructure, they may offer eligible employees early retirement through the Voluntary Early Retirement Authority (VERA). ...

If you leave your government job before reaching retirement eligibility, you have two main options regarding your FERS contributions: Refund of Contributions: ...

The Congressional Budget Office (CBO) regularly publishes reports offering options to reduce the federal deficit, with some proposals aimed at federal employee ...

When applying for retirement as a federal employee, you’ll face several important choices that can impact your financial future and your spouse’s ...

Choosing the right time to retire from federal service is a significant decision that can shape your financial future. For those nearing ...

With strategic planning, accrued annual leave, while not contributing toward retirement eligibility, can be converted into a substantial lump-sum payment upon retirement. ...

Beginning in 2012, federal workers were given the option of making after-tax contributions to the Roth Thrift Savings Plan (TSP). On top ...