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Category Archives: FERS

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Five Important Facts for Feds to Remember About Survivor Benefits

07/28/2023
What federal employees need to know about what happens to their benefits after death. Welcome to part nine of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of retirement planning and employee ... Read More

Disability Income Insurance vs. Social Security Disability Benefits

07/27/2023
Understanding the Relationship Between Disability Income Insurance and Social Security Disability Benefits For most working individuals, the ability to be employed and to earn an income is their most valuable financial asset. But the ability to earn an income is ... Read More
OPM Backlog

Senator Writes OPM Regarding Backlog of Retirement Claims

07/25/2023
A recent letter penned by Oklahoman Senator calls OPM backlog “unacceptable” even as pending retirement claims dwindle to the lowest point in over 5 years. Senator Lankford from Oklahoma wrote a letter to OPM director Ahuja earlier this month. In ... Read More

Five Important Facts for Feds to Remember About FLTCIP

07/20/2023
What federal employees need to know about the Federal Long Term Care Insurance Program. Welcome to part eight of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of retirement planning and employee ... Read More

Don’t Get Tripped Up by these Social Security Myths

07/19/2023
Ten Misunderstandings/Myths Concerning Social Security Retirement Benefits Most federal employees are eligible for Social Security retirements benefits. As such, Social Security retirement benefits are a key component of an employee’s future retirement income stream. Unfortunately, there remain some misunderstandings and ... Read More

FERS COLA 2024 Update

07/18/2023
Will next year’s COLA end up being less than 2%? Currently, that appears more likely than anything near last year’s 8.7% adjustment. The latest data to come out of the Bureau of Labor Statistic (BLS) shows inflation is slowing its ... Read More

The Fed15 Podcast: Phased Retirement for FERS

07/14/2023
Phased retirement for federal employees. Also, a look at the recently released FEVS data. The Fed15 Podcast (Ep. 08): Phased Retirement for FERS A quick overview of how phased retirement works. FERS and CSRS workers are able to switch from ... Read More

Updated Rules for Exemption from Early TSP Withdrawal Penalty

07/12/2023
Modification of Eligible Age for Exemption from Early TSP Withdrawal Penalty for Qualified Public Safety Employees Edward A. Zurndorfer – On December 29,2022 President Biden signed into law the Setting Every Community Up for the Retirement Enhancement Act of 2022 ... Read More

The Fed15 Podcast: Outlook for 2024 Federal Pay Raise and COLA

07/12/2023
This episode is about the latest projections for the 2024 federal pay raise and COLA for FERS, CSRS, and Social Security The Fed15 Podcast (Ep. 07): Outlook for 2024 Federal Pay Raise and COLA Recent congressional budget measure ties telework ... Read More

Five Important Facts for Feds to Remember About Taxes

07/11/2023
Tax planning for federal employees and retirees: Top 5 Facts. Welcome to part seven of our series of “listicles.” We’ll be going over 5 key points to remember for several areas of retirement planning and employee benefits for members of ... Read More