(AP Photo/Mark Lennihan)federal pay raise

Pay raise now, bigger annuity later

While any pay raise is obviously better than nothing, bigger is better when it comes to the retirement part of life.

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Law enforcement officers stand watch at South Carolina's Statehouse during an expected day of unrest across the country on Sunday, Jan. 17, 2021, in Columbia, S.C. (AP Photo/Meg Kinnard)

Members of Congress want to help federal law enforcement officers retire if they’re hurt on the job

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Would you take less pay, smaller pension for better lifestyle?

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For many federal employees, health and retirement benefits are what’s keeping them on the job

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Is turning 62 the magic moment for feds?

Most people stop looking forward to birthdays after they first become eligible to drive, or vote.

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Pension or annuity: Fighting words

But the one way to anger many feds is to tell them or remark that they are lucky to have such a good pension — then stand back.

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Thinking retirement: When, where and why?

While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.

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