Retirement
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With two critical months to go in the cost of living adjustment countdown, federal, military and Social Security retirees are in line for an inflation catch-up.
August 15, 2019 -
Federal retirement expert Tammy Flanagan joined Federal Drive with Tom Temin to discuss some of the considerations employees should make.
August 14, 2019 -
Most current federal retirees, and a small percentage of folks still on the payroll, are under the old Civil Service Retirement System. It offers a generous lifetime annuity that is based on salary and length…
August 14, 2019 -
Will Congress get to second base on Social Security reform? There's actually a serious bill in the House to deal with Social Security's looming insolvency.
August 13, 2019 -
The size and purchasing power of your 2020 biweekly paycheck or monthly annuity payment will be decided in a couple of months. The good news about the January 2020 COLA for federal, military and Social Security retirees is that there almost certainly will be one.
August 12, 2019 -
The Windfall Elimination Provision (WEP) has been at the top of the legislative hit list for groups representing federal and public retirees for decades.
August 09, 2019 -
Feds more than most groups need to check on their tax status after retirement. That's why many move.
August 06, 2019 -
Recent Office of Personnel Management retirement numbers show less claims in July, an increase in claims processed and a decrease in processing time.
August 05, 2019 -
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.
August 02, 2019 -
Thanks to a 1997 tax law that included the then-new Roth option, many people saving for retirement now have two choices.
August 01, 2019 -
Have you had your professional mid-life crisis yet? If not, this might be a good time to get it over with.
July 31, 2019 -
Despite tough talk from Congress and the White House, the federal employee benefits package has so-far remained untouched.
July 30, 2019 -
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.
July 29, 2019 -
The new budget deal between Congress and the White House includes a two-year ban on sequestration-related furloughs for federal workers.
July 25, 2019 -
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.
July 24, 2019