Using Roth TSP vs Traditional TSP while delaying Social Security
“I am 59 and planning to retire a year from now. My wife will retire at the same time (but at age 61, not a
Preparing for Retirement under FERS
“Forgetting for the moment the part my personal $$ contributions were over the years….Will the IRS tax my FERS ‘Unreduced Monthly Annuity’ (UMA) or my
Complications with FEHB Coverage In Retirement
If my spouse retired from Federal Service under CSRS and waived the spousal benefits but I am under his FEHB insurance is there any way
FERS Retirement and Sick Leave
“What happens to your sick leave if you are 63 years and have 28 years of federal service. Thanks for taking this question.” FERS Sick
FEHB and Medicare
“As a FERS retiree, am I required to sign up for Medicare at age 65; or can I opt out of Medicare Part B? Also,
Creditable Service
What is a Creditable Service? Simply put, the Creditable Service is the amount of time a federal employee has worked for the federal government that
FERS Terminology
FERS Retirement Information The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate. Your benefits as
Voluntary Contribution Program
What is the Voluntary Contribution Program? The Voluntary Contribution Program was developed for employees who are part of the Civil Service Retirement System (CSRS). It
Types of FERS Retirement
What is the difference between an Immediate Retirement and an Early Retirement? Let’s first define what an Immediate Retirement is, and what you need to
Special Retirement Supplement
What is the Special Retirement Supplement? FERS consists of 3 different components: the FERS annuity (pension), Social Security, and the Thrift Savings Plan (TSP). The
Minimum Retirement Age (MRA)
What is my Minimum Retirement Age (MRA)? Your MRA is what FERS uses to determine when a person is eligible to receive their annuity, or
Military Buyback Program
What is the Military Buyback Program? The Military Buyback Program is a program for veterans to retroactively “buy back” their time spent in the military