Tag: Retirement
Deferred vs. Postponed Annuity
For federal retirees under the Federal Employees Retirement System (FERS), the terms “deferred annuity” and “postponed annuity” refer to distinct options for ...Your FERS Retirement Application
In 2024, the Office of Personnel Management (OPM) processed approximately 92,000 retirement applications. Mistakes or missing information in your retirement application can ...The Rising Costs of FEGLI: Is It Worth the Premiums?
Established in 1954, the Federal Employees’ Group Life Insurance (FEGLI) program is the largest group life insurance plan in the world, covering ...Maximizing Your Retirement Withdrawals
Creating a thoughtful withdrawal strategy is a crucial part of retirement planning. The sequence in which you tap into your accounts can ...Deciding When to Retire: Age 60 vs. Age 62
Choosing the right time to retire from federal service is a significant decision that can shape your financial future. For those nearing ...Why Emergency Savings Matter for Retirement Planning
A recent analysis sheds light on the pivotal role that emergency funds play in safeguarding retirement goals. Without an adequate financial cushion ...Types Of Income Included In The Social Security Earnings Test
Many retirees continue to work after filing for Social Security benefits. However, if you have yet to reach your Normal Retirement Age ...Retirement Planning: 10 Years Out
If your FERS retirement date is 10 years away, it might seem like you have plenty of time to create a financial ...2025 Annual Leave Dates
With strategic planning, accrued annual leave, while not contributing toward retirement eligibility, can be converted into a substantial lump-sum payment upon retirement. ...Can You Add Your Spouse To Your FEHB Plan In Retirement
You may already know that in order to carry your FEHB coverage into retirement, you need to be enrolled in a qualifying ...