The 8.7% Cost-of-Living Adjustment (COLA) will also apply to CSRS and CSRS-offset retirees while FERS retirees will see a COLA of 7.7%. As predicted a few weeks ago, the 2023 COLA has officially been revealed at 8.7% for Social Security ... Read More

November 1st is when the I-bond’s rate is expected to drop from the 9.62% rate that was established in May. Treasury savings bonds issued by the Federal Government are considered some of the safest investments because they are backed by ... Read More

Here are the options for reversing a social security benefits claiming decision and their consequences Edward A. Zurndorfer– Throughout much of the 2.5 years of the COVID-19 pandemic, many federal employees who were eligible to retire decided to retire. Some ... Read More

Jen goes into more depth on the first 3 items on her list of top 10 ways to ruin a federal retirement. Jennifer Meyer, CFP© Hello readers. Welcome back to my series “Ten easy ways to ruin a Federal Retirement.” ... Read More

The fifth and final piece from our Coach’s Corner about deciding to take a job at a different government agency- by Bob Oberleitner contact the coach [email protected]  Federal Retirement Webinars Chapter Five: Packaging Your Skills Are you feeling stagnant at ... Read More

Where you live in retirement can impact your retirement income because different states tax the “three legs” of FERS, and CSRS, differently. For FERS retirees, they should have three sources of income to draw from upon retiring from the Federal ... Read More

Share our latest quiz for federal employees and retirees! [ays_quiz id=”27″] Federal Retirement Quiz

Learn about excess contribution penalties and instructions on how to submit a correction to the IRS. Edward A. Zurndorfer Those individuals who made excess contributions to their IRAs for the year 2021 have until Monday, October 17,2022 to correct their ... Read More

A hefty rise in FEHB (Federal Employee Health Benefits) premiums was announced earlier this month, but Medicare B premiums will see a slight decrease. While next year’s total premium increase for FEHB plans will be an average of 7.2%, the ... Read More

The CFC is soliciting donations from Federal Employees, starting last month and going until mid-January. Kiran Ahuja, the director of OPM, recently announced to agencies that the Combined Federal Campaign (CFC) runs from September 1st to January 14th of next ... Read More