How to apply for FERS Supplement
Where do I apply? You’ve finally decided it’s time to retire. Maybe this day came sooner than expected, or maybe it couldn’t come soon enough.
Where do I apply? You’ve finally decided it’s time to retire. Maybe this day came sooner than expected, or maybe it couldn’t come soon enough.
What is MRA? Minimum Retirement Age is a threshold that was created for FERS and CSRS to determine a federal employee’s eligibility for retirement. Depending
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
When we consider retirement, most of us think about this chapter in our lives as a positive time—and it can be, as long as
“I have two questions about social security. I am 61 and my wife is 58. Let’s say my wife files for social security at age
When you are planning for your retirement, there are a lot of different areas you need to be aware of financially, and it can be
My understanding is that if I take immediate retirement at MRA before 62, then I will: 1) get the FERS Supplement to my FERS annuity;
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I have almost 5 years of Federal Service (FERS—approximately 15 days short). I have over 7 years of honorable active duty service. I retired from
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
Where do I apply? You’ve finally decided it’s time to retire. Maybe this day came sooner than expected, or maybe it couldn’t come soon enough.
What is MRA? Minimum Retirement Age is a threshold that was created for FERS and CSRS to determine a federal employee’s eligibility for retirement. Depending
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
When we consider retirement, most of us think about this chapter in our lives as a positive time—and it can be, as long as
“I have two questions about social security. I am 61 and my wife is 58. Let’s say my wife files for social security at age
When you are planning for your retirement, there are a lot of different areas you need to be aware of financially, and it can be
My understanding is that if I take immediate retirement at MRA before 62, then I will: 1) get the FERS Supplement to my FERS annuity;
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I have almost 5 years of Federal Service (FERS—approximately 15 days short). I have over 7 years of honorable active duty service. I retired from
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
Advisory services offered through Shilanski & Associates, Inc., an Investment Adviser doing business as “Plan Your Federal Retirement”. Plan Your Federal Retirement is not employed by the United States Federal Government and does not represent the United States Federal Government. All content on this site if for information purposes only. This website is not personalized investment advice. Securities investing involves risks, including the potential for loss of principal. There is no guarantee that any investment plan or strategy will be successful. Please review our Customer Relationship Summary (Form ADV Part 3) for important information about our services and fees.
Opinions expressed herein are solely those of Shilanski & Associates, Incorporated, unless otherwise specifically cited. Material presented is believed to be from reliable sources, and no representations are made by our firm as to other parties, informational accuracy, or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel prior to implementation.
Content provided herein is for informational purposes only and should not be used or construed as investment advice or recommendation regarding the purchase or sale of any security. There is no guarantee that any forward-looking statements or opinions provided will prove to be correct. Securities investing involves risk, including the potential loss of principle. There is no assurance that any investment plan or strategy will be successful.
Copyright © 2024 Shilanski & Associates, Inc.