https://youtu.be/0QmNSIH-KJA CSRS and FERS COLA Civil Service Retirement System (CSRS) annuities and Social Security benefits will increase through a 8.7 percent cost-of-living adjustment (COLA) for 2023. Federal Employees Retirement System (FERS) annuities will receive a 7.7 percent COLA. How FERS COLA’s are determined: Each year’s Read more…
Federal employees are known to have great retirement benefits but there are numerous rules and requirements that have to be met in order to be eligible for and maximize all of these benefits. This article will go into depth into when you are eligible to retire as well as all Read more…
The rules for special provisions (Air Traffic Controller, Fire Fighter, Law Enforcement) retirement are relatively simple and is shown by the flowchart below. If you are a traditional FERS employee then you are going to want to check out this article. https://hawsfederaladvisors.com/when-can-i-retire-as-a-fers-federal-employee-the-ultimate-guide/
https://youtu.be/xzev-EeSEJs Having a big TSP (Thrift Savings Plan) by retirement is amazing. But there is a problem. We aren’t used to living off a large sum of money. We are used to a pay check every 2 weeks. So how do we turn your TSP into a Read more…
What is your biggest expense in retirement? For many people, it is taxes! But most federal employees are shocked at what part of their incomes are taxable in retirement. Spoiler Alert: Most of it is! So What is Your Federal Retirement? Your federal retirement normally Read more…
Unless you’ve been living in a cave for the last 6 months, you know that 2022 has not been a pretty year for the TSP (Thrift Savings Plan). The market (C and S funds) has gone down significantly which has made even the calmest investors nervous. And in Read more…
https://youtu.be/63koQX3DWeQ Well it is official. The G fund is now the biggest fund amongst the 5 core TSP Funds. And that is not a small feat as the C Fund (the next biggest fund) has over $200 billion invested in it. And while we are still waiting for Read more…
Retiring overseas (aka outside of the US) is a tempting proposition, especially for federal employees. What’s not to love about enjoying a new place and culture all at a lower cost than the United States? Sometimes it is the best of all worlds. But if you are Read more…
https://youtu.be/DipraMi0u94
