https://youtu.be/kmbjNW1SOYI Feel free to skip to the relevant parts of the article for you –How to Retire Early Under FERS –FERS Postponed Vs. FERS Deferred Retirement –FERS Deferred Retirement –When Does My Deferred Retirement Pension Start? –Reductions to Your Deferred Retirement –FERS Postponed Retirement –Should You Take a Deferred or Read more…
Survivor benefits can often be the difference between a spouse having a comfortable retirement or a stressful one. So getting this one right is crucial. But does it always make sense to leave your spouse full survivor benefits? No. I believe that there are specific times where you Read more…
One of the best parts about being a federal employee is your pension and one of the best parts of your pension is the cost of living adjustments (COLA) that you receive in retirement. And for those that are new to the subject, COLAs allow your pension to increase based Read more…
As a federal employee approaches retirement a very natural thing to do is to request a pension estimate from their HR. This document can be a great start in knowing what sort of income you’ll have in retirement. But unfortunately, agency estimates are not perfect or in some cases, Read more…
https://youtu.be/LjQmeadsJhg With many things in life, when it rains it pours. The same is true for federal employees retiring. Everyone wants to leave at the same time. In 2020, almost 30% of all retirement applications were received by OPM in the first 2 months of the year. Up Read more…
With more than 30% of all federal employees having some sort of military time, knowing if you should buy back your service time is more important than ever. And I have seen how this one decision can make a dramatic difference in when and how federal employees can retire. Read more…
https://youtu.be/6gTW4IYKJZQ It is extremely common for military veterans to work as federal employees after they leave military service. And the question that many of these veterans ask is if they should buy back their military time to count towards their civilian retirement? This is a great question and one Read more…
