TOPICS

Last year, my index to previous columns was a hit with readers, so I thought I'd provide an update with the best columns of 2008 added and a few outdated columns deleted.

Looking back over the year, I spent a fair amount of time on service credit issues and specific things you need to do to be ready for retirement. If there are issues that you would like to have addressed in the coming year, please let me know, using the comments box below. This is your column, and my goal is to make the complex nature of the federal retirement systems a little simpler.

Best Date to Retire


RELATED STORIES

Deciding to Retire

Things to Do to Get Ready

Sick Leave/Annual Leave

Service Credit Issues

Survivor Benefits

Law Enforcement and Special Groups

Eligibility and Computation of CSRS and FERS

Other CSRS and FERS Retirement Issues

Post-Retirement

Health Insurance

Medicare

Life Insurance

Long-Term Care

Social Security

Thrift Savings Plan

Cost of Living Adjustments

Pension Protection Act and Taxes

Tammy Flanagan is the senior benefits director for the National Institute of Transition Planning Inc., which conducts federal retirement planning workshops and seminars. She has spent 25 years helping federal employees take charge of their retirement by understanding their benefits.

For more retirement planning help, tune in to "For Your Benefit," presented by the National Institute of Transition Planning Inc. live on Monday mornings at 10 a.m. ET on federalnewsradio.com or on WFED AM 1500 in the Washington metro area.

COMMENTS

  • What is the best day for a CRSR employee to retire in 2010? Is it Jan 1 or Jan 2, 2010? Also, do you make voluntary contributions to your annuity after your retirement papers are approved?
  • Hi, Tammy: Your August 1, 2008, article on "best dates" is very instructive. I would like to confirm the best date for a CSRS employee to retire around June 1 2009. If I choose 5/31, which is a Sunday, am I losing anything of merit versus 6/1,2, or 3? Thanks in advance for your very sound advice.
  • I'm planning to retire within one year. I've been to some seminars where I've been advised to withdraw my retirement funds (and/or TSP funds) and purchase an annuity. A variety of reasons are offered - such as the reduced spousal survivor benefits - but those who urge such a withdrawal are also selling annuities. I'm very skeptical. Any advice you can offer will be greatly appreciated. -Bernie Van Wormer