Given the impact of the pandemic on the economy, and on prices, it is unlikely that retirees who get cost of living adjustments most years will be getting a COLA in January 2021.
Although looking back on the first couple of months of 2020 might seem like the Good Old Days, benefits expert Tammy Flanagan said, “It was already destined to be pretty rocky” being an election year and all. But, then, of course, came the coronavirus pandemic.
Windfall Elimination Provision and Government Pension Offset cost millions of federal and public employees even more millions in dollars of benefits.
Time in grade and in government doesn’t automatically mean you will be able to maintain a reasonable standard of living once you’ve traded your biweekly pay check for a monthly annuity.
Now that the shock of the stock market correction has settled in, federal retirement benefits specialist Tammy Flanagan said it imperative to calculate what your net retirement annuity income with be.
March has been a game-changer for billions of people. The pandemic has produced a variety of mid-life crises for just about every thinking person.
Working for the federal government has its rewards and challenges. The same when you retire — a lot of options which also means a lot of choices.
One of the great fears of people planning for retirement is running out of, or low on money while they are still breathing.
The two decades-old laws impact, as in reduce or almost eliminate, the Social Security benefits of 1.8 million public servants.
In today's Federal Newscast, the Justice Department is challenging a New Jersey law enforcement policy D-O-J says obstructs federal immigration enforcement.
While your income will likely go down in retirement, moving to a more tax-friendly state could increase the cash value of your annuity.
One longtime reader says feds should be aware of their full retirement age (FRA) and what it means to them.
Timing federal retirement right allows you to carry over the maximum amount of annual leave, and in 2020 be paid for most if not all of it at the new higher 3.1% pay raise.
Have you asked yourself all the right questions about your retirement?