Retirement Benefits

Postponing retirement problems: Part 1

It’s important to know the difference between a postponed retirement and a deferred retirement. 

  • Tammy Flanagan

Estate planning for federal employees: Maximize benefits and minimize taxes

Make sure to review and update your estate plan regularly to reflect changes in your financial situation and personal circumstances.

  • Austin Costello

Resigning instead of retiring

How you leave the federal government matters when it comes to benefits.

  • Tammy Flanagan
Updated

House panel advances bills to improve FEHBP oversight and fix CBP retirement snafu

A 2022 Government Accountability Office report estimated that ineligible family members covered through the federal government’s employer-sponsored health care program could cost the government between $250 million and $3 billion per year.

  • Erich Wagner

OPM continued to make strides on retirement process in March

The backlog of pending retirement claims fell below 17,000 last month, a feat that did not occur until June in 2023.

  • Erich Wagner

TSP funds touts well-rounded gains in March

Every portfolio in the federal government’s 401(k)-style retirement savings program posted increases last month.

  • Erich Wagner

OPM slices record retirement processing time in February

The overall retirement backlog ticked back under 20,000 last month, amid the federal government’s HR agency’s busy season.

  • Erich Wagner

Will your future income rocket your Medicare premiums?

As a federal employee with FEHB, should you also take Medicare Part B at age 65? Here are a few things to consider before making the decision.

  • David Setia

Most TSP funds gained ground in February

Only one of the portfolios in the federal government’s 401(k)-style retirement savings program ended last month in the red.

  • Erich Wagner

OPM faces its first test of recent retirement processing tweaks

The number of new retirement claims received by the federal government’s HR agency doubled in January, marking the start of the annual busy season.

  • Erich Wagner

Crafting your perfect retirement exit strategy

These pre-retirement tasks can help ensure a smooth transition.

  • Tammy Flanagan

TSP and Required Minimum Distributions

Rules around these mandatory withdrawals changed under the Secure 2.0 Act.

  • Neil Cain

Tips for recent retirees

There may be a few bumps along the way, but don’t panic.

  • Tammy Flanagan
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Federal retirement savings plan opens 2024 with a mixed bag

Only two of the five core funds within the federal government’s 401(k)-style retirement savings plan posted gains last month.

  • Erich Wagner

Postal union leader: Stop the misallocation of Civil Service Retirement System pension costs

COMMENTARY | "The failure to uphold the promise to fix the unfair pension allocation is hurting the Postal Service’s ability to recover from the pandemic," writes the president of the National Association of Letter Carriers.

  • Brian Renfroe

Doublecheck your TSP beneficiary designations

The federal government’s 401(k)-style retirement plan changed some rules around contingent beneficiaries in 2022.

  • Tammy Flanagan

OPM reduces the retirement backlog by one-third in 2023

The federal government’s HR agency’s work on improving the retirement application process for federal workers led to the agency shattering yet another longstanding record last month.

  • Erich Wagner

New year, new benefit changes

Some 2024 changes that may benefit federal employees and retirees.

  • Tammy Flanagan

Planning a career change in 2024?

If a new career outside of the federal workforce is on your list of resolutions, here are a few things you need to know about your benefits.

  • Tammy Flanagan

TSP portfolios end 2023 on a high note

Each of the funds in the federal government’s 401(k)-style retirement savings program finished December in the black.

  • Erich Wagner

End of the year retirement: Now what?

As OPM readies for its influx of new retirement applications, here are some insights on the early ins and outs of the retirement process.

  • Tammy Flanagan