Federal Employee Information Partnership
The income earners and consumers are in trouble. Although some are getting raises from Social Security, federal and state employee COLA, union contracts being re-committed, it is not enough to keep up. Higher salaries mean higher cost to companies and manufacturers, thereby increasing the rate of inflation; are chasing our tail. Bigger brains than me, […]
The Economy: An Opinion. Read More »
When planning your federal retirement, we want to take care of those dependent on us, in the event we die. A spouse is eligible for a FERS benefit of 25% or 50% of the Unreduced FERS retirement annuity. But what is the deal when the survivor is not a spouse, but a child, be it
When Your Survivor Is Not Your Spouse Read More »
Retiring is an experience that happens once, usually, for a federal employee. Below are some of the forms and a basic process to follow. • Application for Retirement, SF 2801 (Civil Service Retirement System) or SF 3107 (FERS). Read through the application to find out about documents you might need to attach, such as your
THE RETIREMENT APPLICATION PROCESS Read More »
When is the best time for a federal employee to begin planning or even thinking about retiring? In four words: “On Your First Day”. I suppose anyone can argue this is too soon, but I can also argue that time is of essence and will pass all too quickly, so with the passing of time,
WHEN IS THE BEST TIME TO BEGIN PLANNING FOR FEDERAL RETIREMENT? Read More »
Retirement, oh that wonderful pie in the future sky. Once achieved, ‘how is that working out for you?’ Is retirement all that you had planned? After 30 years of retirement planning, we see our successes fade away into the sunset with a wave and a ’Hi-Ho Silver’. Then, in a couple years, the silver lining
YOU’RE RETIRED! Now what? Read More »
Jeff writes: “I actually love my job, but full time is getting pretty tough, I have heard I can retire and continue working part time? What’s up with that? It would be perfect. Tell me something so I don’t sound stupid when I ask my super.” Jeff D. USPS Jeff, there is a plan, if
Question: “What are the 3 irreversible mistakes to avoid for federal retirement?” Your question asked for three irreversible mistakes, but the fourth mistake could be the one most important to you, so I will list 10 of the mistakes we see most often. Not having a plan Know your pre-retirement budget and your post retirement
Irreversible Mistakes to Avoid in Federal Retirement Planning Read More »
How many federal employees suffer from injury, illness or old war wounds, inherited traits that can build to make working difficult to impossible. Each month, many fed employees tell me they work under these conditions, many times in secret, because the income is needed. I get it, so maybe this article can help someone that
FERS Disability Retirement Read More »
In 1986, the Federal Employees’ Retirement Security Act established a new qualified retirement plan known as the TSP or Thrift Savings Plan. Similar to a 401k, this plan is offered to federal employees and members of the armed forces. Today, many federal employees find themselves with questions about their TSP. These questions include the benefits
What is a TSP (Thrift Savings Plan)? And What Does It Do? (Your How-To Guide) Read More »
Once you realize that you’re looking forward to retirement years before you’re actually eligible to retire, working (whether you love your job or not) becomes much less exciting. Instead, most of your days are spent counting down to the moment you can retire and collect annuity from the comfort of your own home. Eventually, you
What Does Early Retirement Mean for Federal Employees? (Top 3 Things) Read More »