The Windfall Elimination Provision (WEP) has been at the top of the legislative hit list for groups representing federal and public retirees for decades.
Feds more than most groups need to check on their tax status after retirement. That’s why many move.
Recent Office of Personnel Management retirement numbers show less claims in July, an increase in claims processed and a decrease in processing time.
The windfall elimination provision reduces the Social Security benefit for someone with less than 30 years of covered service if they qualify for an SSA benefit after as little as five years of covered service.
Thanks to a 1997 tax law that included the then-new Roth option, many people saving for retirement now have two choices.
Have you had your professional mid-life crisis yet? If not, this might be a good time to get it over with.
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
In today’s Federal Newscast, a bill in the House would replace the Windfall Elimination Provision which currently cuts Social Security benefits for federal retirees who worked in a private sector job and also receive a government pension.
The new budget deal between Congress and the White House includes a two-year ban on sequestration-related furloughs for federal workers.
the Government Accountability Office when it looked at prohibited transactions for Individual Retirement Accounts and GAO’s Charles Jeszeck had more details on Federal Drive with Tom Temin.
Benefits expert Tammy Flanagan joins Your Turn today to answer questions about Social Security and retirement applicable to both federal and private sector workers.
Thousands of feds in some of FEHBP’s best and most expensive health plans may be spared from a pending 40% tax on their favorite plans.
Many retirees will be watching the inflation index from now through September to see what their January cost of living adjustments will look like.
Even though Federal Employees Health Benefits Program health premiums are likely to go up next year, Uncle Sam will continue to pay the lion’s share of the total premium.