Retirement Benefits

Problem Solvers Caucus throws its weight behind an effort to kill the windfall elimination provision

Some lawmakers have spent years garnering support to repeal a controversial tax rule that cuts Social Security benefits for some public servants.

What is the retirement age for federal employees?

Retirement involves making many decisions including deciding when to retire.

Mixed reactions to Medicare Part D in the FEHB

It's been almost five months since Part D was incorporated into many Federal Employees Health Benefit plans. How is it being received?

OPM’s retirement backlog continued a four-month downward trend in April

Though the Office of Personnel Management’s backlog of pending federal retirement claims fell again last month, the pace of progress has slowed.

Essential things to know about your Social Security benefit: Part 2

Social Security, along with the FERS basic retirement benefit and the Thrift Savings Plan, can provide the financial security you will need during your life after retirement.  

Essential things to know about your Social Security benefit: Part 1

It is important to keep up with Social Security changes that can have an impact on your current and future benefits.

Most TSP funds took a tumble in April

After two months of sustained gains, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.

Postponing retirement problems: Part 2

Federal law trumps what might seem to make the most sense. 

Postponing retirement problems: Part 1

It’s important to know the difference between a postponed retirement and a deferred retirement. 

Estate planning for federal employees: Maximize benefits and minimize taxes

Make sure to review and update your estate plan regularly to reflect changes in your financial situation and personal circumstances.

Resigning instead of retiring

How you leave the federal government matters when it comes to benefits.

Updated

House panel advances bills to improve FEHBP oversight and fix CBP retirement snafu

A 2022 Government Accountability Office report estimated that ineligible family members covered through the federal government’s employer-sponsored health care program could cost the government between $250 million and $3 billion per year.

OPM continued to make strides on retirement process in March

The backlog of pending retirement claims fell below 17,000 last month, a feat that did not occur until June in 2023.

TSP funds touts well-rounded gains in March

Every portfolio in the federal government’s 401(k)-style retirement savings program posted increases last month.

OPM slices record retirement processing time in February

The overall retirement backlog ticked back under 20,000 last month, amid the federal government’s HR agency’s busy season.

Will your future income rocket your Medicare premiums?

As a federal employee with FEHB, should you also take Medicare Part B at age 65? Here are a few things to consider before making the decision.

Most TSP funds gained ground in February

Only one of the portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the red.