Tag: Social Security
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 ...The Facts About Taxes In Retirement
A 2022 survey by the Senior Citizens League found that nearly 75% of Americans nearing retirement significantly underestimate the taxes they’ll owe ...Congress Considering New Bill To Boost COLAs For Retirees
For years, retiree advocates have highlighted that the current formula for calculating Cost of Living Adjustments (COLAs) does not accurately reflect the ...Evaluating Your Insurance Coverage Before Retirement
As retirement approaches, it’s essential to review your insurance coverage to ensure it aligns with your evolving needs. Certain policies, such as ...Optimizing Your 3 Federal Retirement Income Streams
Strategic approaches can significantly amplify your control over retirement income from your FERS annuity (pension), Social Security, and Thrift Savings Plan (TSP). ...The Maximum Taxable Earnings Cap For Social Security Has Increased
When planning your FERS retirement, understanding the implications of the Social Security Maximum Taxable Earnings Cap is crucial, both during your working ...Retirement and TSP Loan: Factors to Consider and Precautions to Take
For many federal employees, the notion of tapping into a Thrift Savings Plan (TSP) loan holds allure for several reasons, especially given ...2024 Update: Anticipated Inflation Declines to 2.4%
Recent economic projections indicate a decrease in inflation from 3.2% in 2023 to 2.4% in 2024, as reported by Forbes.com. While the ...2024 Retirement Planning Updates
As the calendar turns to a new year, it’s wise for federal employees to reassess their retirement strategies in light of recent ...A Guide to Retiring Abroad
The trend of Americans opting to retire abroad is gaining momentum, driven by factors such as lower housing expenses and accessible healthcare ...
