Understanding the earnings test for both social security retirement benefits and the FERS special retirement supplement (SRS) For both Social Security and the FERS special retirement supplement (SRS), there is an earnings test that can reduce or eliminate either benefit. ... 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

Understanding the FERS Special Retirement Supplement Eligible FERS works that retire prior to reaching age 62 have an extra benefit that is designed to supplement social security payments. The Special Retirement Supplement (SRS) may contain features similar to social security ... Read More

Understanding Social Security for Feds: learn about the Special Retirement Supplement for some feds who retire before age 62. Eligible FERS works that retire prior to reaching age 62 have an extra benefit that is designed to supplement social security ... Read More

Thinking about retiring from federal service next year? Here are the dates that are optimal for federal employees in 2024. The general consensus among federal employees that the best day of the year to retire is the very last one ... Read More

Recent board meeting indicates possible changes on the horizon for the Thrift Savings Plan’s (TSP) least popular withdrawal option. In a recent FRTIB (Federal Retirement Thrift Investment Board) meeting, the Director of the Office of Participant Experience expressed interest in ... Read More

Roth IRAs and Roth TSP accounts are different types of retirement savings vehicles with different rules you need to know about. UPCOMING TSP WEBINAR FedLife Podcast (ep. 104): 5-Year Rules for Roth Accounts Want to make tax-free, penalty-free withdrawals from ... Read More

If you’re retired and collecting a FERS pension and decide to return to federal service, here are the two situations in which your FERS annuity will stop. To be eligible for a disability retirement under FERS, you must have at ... Read More

Should I Stay or Should I Go? The 3rd article in our series on the thrift savings plan (TSP). Should you stay or go? Hi again. Time to dive into volume 3 of our 4-part series covering the topic of ... Read More

Dan and Ed review 10 social security myths, for military members and federal civilian employees. SOCIAL SECURITY WEBINAR FedLife Podcast (ep. 103): 10 Social Security Myths Learn about reductions, full retirement age, and more! Ed and addresses several myths like: ... Read More