Open enrollment typically lasts between October and December. While it’s simple to overlook your annual benefit selections like health insurance and retirement savings, as your life evolves, so too do your needs. What was appropriate… Read More
Do Government Employees Receive Health Insurance After Retirement?
As a federal employee, you’re entitled to healthcare through the Federal Employee Health Benefits program. Many federal employees wonder whether or not these benefits extend into retirement. With Medicare becoming available at age 65, federal… Read More
Federal Employees and Social Security: Frequently Asked Questions
Social Security has been operational for nearly 85 years. While many changes have been made over the years, the main idea remains intact: a system designed to supplement income for retired workers and their families…. Read More
What You Should Know About Postponed and Deferred Retirement Under FERS
How FERS Regular Retirement Works Before digging into postponed and deferred retirement, let’s first look at how FERS regular retirement works. Once you have at least 30 years of federal government service, you can retire… Read More
What Are Your TSP Investment Options — and How Can You Build a Retirement Portfolio with Them?
As a federal government employee, one key source of retirement income is likely to be the Thrift Savings Plan, or TSP. This is the federal government’s version of a 401(k) plan, a popular retirement savings… Read More
What You Need to Know About Standard Form 50
When it comes to retiring as a federal government employee, there’s one form that’s absolutely indispensable. Known as Standard Form 50, or SF-50 for short, this is the official form used by the government to… Read More
Calculating Your FERS Pension and Disability
How to Calculate Your FERS Pension and Disability Benefits As a federal government employee, you have access to the Federal Employees Retirement System, also called FERS for short. This system includes a pension as well… Read More
FERS Supplement for Special Provisions
If you are a FERS Special Provision employee, FERS rules are slightly different for you. This is only fair since a mandatory retirement age runs counter to a pension system with age-based and length-of-service based… Read More
FERS Early Out Retirement
Regardless of which term you use – reduction in force or downsizing or reorganization – layoffs are a fact of life for large organizations, and the Federal Government is no different. If you’re close to… Read More
Understanding Your FERS Retirement
If you are a Federal Government Employee planning to retire, the Federal Employee Retirement System (FERS) will play a key financial role in your retirement. FERS, was launched on June 6, 1986, and replaced the… Read More