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2023 COLA for Social Security, FERS, and CSRS Keeps Climbing

07/18/2022
Updated inflation numbers suggest largest COLA since 1981 saw 11.2% – and 2023’s Cost-of-Living Adjustment (COLA) could get even higher. Just a few weeks ago, our COLA update indicated that next year’s adjustment was estimated to be between 7.3% and ... Read More

Halfway through 2022: A Look at the OPM Backlog of Retirement Claims

07/12/2022
The hefty backlog of retirement claims to be processed by OPM reached its lowest point of 2022 at the end of June, but remains above last year’s levels. Ready to Retire? FERS Benefits Webinar CSRS Benefits Webinar In a recent ... Read More

2023 Federal Pay Raise Update: House Committee Endorses 4.6%

07/08/2022
White House’s recommendation of 4.6% federal pay raise for 2023 gets past House committee. Ready to Retire? FERS Benefits Webinar CSRS Benefits Webinar The government spending bill for fiscal year 2023 made it through the House Appropriation Committee on June ... Read More

2023 COLA for Social Security, FERS, and CSRS Could Be Highest in 40 Years

07/01/2022
Current estimates have the 2023 COLA between 7.3% and 10.8% – indicating it could be the largest COLA for Social Security, FERS, and CSRS since the early 1980s. Complimentary Webinars: CSRS Benefits Webinar FERS Benefits Webinar Social Security Webinar The ... Read More

What Happens When My Spouse, Who Works for the Federal Government, Dies?

06/10/2022
Spouse was a federal employee and recently passed – what to know about FERS, FEHB, and more. Jennifer Meyer, CFP© Complimentary Webinars: Register Here The surviving spouse of a federal employee, who dies while in service, is generally entitled to ... Read More

Quiz #9: Federal Retirement Benefits

06/01/2022
Test your knowledge on the TSP, Long-Term Care, and FERS Deferred Retirement [ays_quiz id=”9″] Federal Retirement Benefits

FERS Retirement Choices: Which One is Right for You?

05/25/2022
How well do you know the differences between the various types of FERS Retirements? Complimentary Webinars: FERS Webinar Let’s look at an overview of the numerous types of retirements that can occur under FERS: 1. Immediate and Full You’re eligible ... Read More

The Differences Between FERS Deferred Retirement and Postponed Retirement

05/23/2022
Understanding the Differences Between FERS Deferred Retirement and FERS Postponed Retirement Federal employees who are covered by the Federal Employees Retirement System (FERS) have several retirement options available to them. Perhaps the most commonly known and sought type of retirement ... Read More

New Bill in Senate Would Provide Equal COLAs for FERS and CSRS Retirees

05/20/2022
Proposed legislation in Senate would give the same COLA to both FERS and CSRS pension recipients – similar to another bill introduced in the House last year. Complimentary Webinars: CSRS Webinar FERS Webinar             Alex ... Read More

FERS Annuity Supplement

05/19/2022
Explaining the Rules Regarding Eligibility For and Computation of the FERS Retiree Annuity Supplement Edward A. Zurndorfer The retiree annuity supplement is a retirement benefit paid to those employees covered by the Federal Employees Retirement System (FERS) who retire before ... Read More