Outlook for the 2023 COLA for FERS, CSRS, and Social Security Benefits
With inflation still rising, the 2023 COLA might be one of the biggest since 1982.
House Passes Bill – Dubbed “SECURE Act 2.0”
The bill would make saving for retirement a little easier, for feds and those in the private sector.
Short Term Disability Coverage for Feds? New Legislation Proposed
A bill re-introduced in Congress aims to offer more affordable short-term disability coverage to feds, but proposed law is not expected to pass.
The FERS Supplement: Don’t Earn Your Way Out of It
Designed to supplement Social Security benefits until age 62, the FERS Supplement helps some feds retire earlier. But it is subject to the earnings test, limiting how much income it…
TSP Transition Period: Access to TSP Accounts Will Be Down for Weeks
Starting May 16th, TSP online tools and access will start shutting off as switch is made to more modern system.
DOL Publishes Critique of TSP Regarding Climate Change Investments
The Department of Labor (DOL) wants to address climate change in Thrift Savings Plan (TSP) Core funds- but relationship between the governmental entities is ambiguous
2023 Federal Pay Raise Update: White House Recommends 4.6%
Thanks largely to inflation, President Biden’s office to suggest biggest pay raise for federal employees in over fifteen years: 4.6%.
The Strategic Leg® – Planning for a Stable Retirement
When comes to retiring under FERS, it is often described as a 3-legged stool. There is a fourth leg, however- The Strategic Leg: Financial Planning and Investment Advisory Services from…
Understanding the 5 Year Rule for Roth IRAs
Going over the complicated 5-year Rule for Roth Individual Retirement Accounts.
Marriage, Divorce, and Survivor Benefits for FERS and CSRS
Survivor benefits reduce the retirement income a federal retiree receives from their FERS or CSRS annuity. Read how this works in situations with divorce, or when getting married after retiring.