“Federal employees who retire from federal service will receive a guaranteed pension in the form of a monthly annuity that is calculated using a “high three” average salary. Federal employees who meet the requirements to retire from federal service will ... Read More

For feds who use privately owned vehicles, some reimbursement rates rose while others dipped depending on the vehicle A look at the Lodging plus M&IE rates that were set for the fiscal year 2024 back in August Other rates that ... Read More

SECURE Act 2.0 Legislation Affecting the TSP and IRAs Starting January 1, 2024 SECURE Act 2.0 includes 90 provisions focused on modernizing the US retirement system, promoting additional retirement savings, and changing the rules around retirement and employee benefits plan ... Read More

The most popular articles from 2023 – by “Benefits Ben,” Jennifer Meyer, and Ed Zurndorfer. The most watched “FedLIfe” and “Fed15” podcast episodes on YouTube And lastly, federal pay raise updates and our most taken quiz Top “FEDZONE” Article “SECURE ... Read More

Taking a glance at the first year of your federal retirement. What happens in the first four weeks after you’ve officially retired? Six month to nine months after retiring, we explain what to be aware of. At the end of ... Read More

FEGLI living benefits allow covered individuals take FEGLI money while still alive The benefits can be taken as a lump sum Living benefits cannot be taken from optional coverage A, B, or C Taking living benefits from the Federal Employees ... Read More

Learn how social security disability benefits differ from federal disability retirement. Disability retirement is considered “occupational” benefits Income from a FERS or CSRS disability pension is offset by social security disability benefits Any federal employee who becomes disabled after at ... Read More

Our deep dive into the Federal Employee Health Benefits (FEHB) program continues with examining how FEHB plans coordinate with other health coverage like Medicare, TriCare, and CHAMPVA. OPM’s FEHB Handbook is a dense digital document that details all the technicalities ... Read More

Inflation Reduction Act makes FEHB enrollees able to benefit from Medicare part D. 17 FEHB Plans will offer a Medicare part D component in 2024. FEHB open season is the time to evaluate the costs and benefits of part D. ... Read More

The windfall elimination provision (WEP) and the Government Pension Offset (GPO) There are around a million social security beneficiaries that are impacted by the Windfall Elimination Provision (WEP). This calculated restriction on benefit amounts affects retirees who receive a pension ... Read More