Many lawmakers are pushing for a full repeal of WEP and GPO, but others are instead looking to reform the benefit calculations for affected federal annuitants.
OPM also made improvements in the inventory backlog shrinking it by 2,786, for a total of 16,823 claims in March, the lowest it's been since December 2023.
With the era of near-zero inflation over, retirement planning has taken on new urgency, because a fixed income and rising prices don't make a good combination.
USPS retirees who are eligible for Medicare Part B, but do not have it, can sign up between now and September 1 without having to pay a penalty.
TSP is the one element in the TSP-FERS annuity-Social Security trio that is not fixed, or at least not tied to nominal inflation adjustments.
No one avoids death and taxes. But you can make sure an element that is crucial to a comfortable retirement lasts the rest of your life.
First, it may be helpful to explore if Roth contributions to your TSP or Roth conversions outside of your TSP are helpful to you during your lifetime.
Not all debt is evil if you manage it correctly. Retired federal manager Abe Grungold of AG Financial Services offers advice.
OPM also saw improvements for the average retirement claims processing time for February, reaching 47 days, setting a new record.
For a couple of decades, the For Your Benefit show has aired here on Federal News Network. Host Bob Leins broadcast his final show this past Monday.
Long time benefits show host Bob Leins broadcast his last show. But coverage of retirement and how to build that nest egg will continue on Federal News Network.
Retirement itself has an uncertain meaning, since people do things after they leave government that seem like work. Sometimes they actually do launch new careers. Others feel fine with traditional retirement.
Retirement is supposed to mean you don't work any more or at least only work because you want to. Most people wonder, how much income is enough for me to retire?
If the 2023 stock market showed anything, it is that you cannot predict the stock market. Instead, you need a strategy you can stick with. To find out what the rear-view mirror is telling investors,…
In today's Federal Newscast: The Government Accountability Office is not impressed with the data used in some important security clearance decisions. The State Department is trying to get more mid-career professionals to join the Foreign Service. And the possibility of repealing Social Security's so-called 'evil twins" is closer than ever to the finish line.