Retirement Benefits
Your pre-retirement questions answered, part 4
The last in a series tackling your pressing questions.
OPM’s backlog of pending retirement claims ticked back up in June
The federal government’s dedicated HR agency processed around 1,300 fewer claims than it received last month, bringing its retirement backlog back above 15,000.
TSP funds posted a mixed bag in June
Only three of the five core investment offerings of the federal government’s 401(k)-style retirement savings program ended the month in the black.
OPM’s retirement backlog hit an 8-year low last month
Efforts to streamline the processing of departing federal workers’ retirement applications continue to pay dividends, as the inventory of pending claims hit the lowest point since 2016.
TSP funds all bounced back in May
After a rough April, each of the portfolios in the federal government’s 401(k)-style retirement savings program finished last month in the black.
L Funds: A Love Affair
COMMENTARY | For these “set it and forget it” funds, “setting it” may require a bit more work than matching your birth year to the “right” fund.
Problem Solvers Caucus throws its weight behind an effort to kill the windfall elimination provision
Some lawmakers have spent years garnering support to repeal a controversial tax rule that cuts Social Security benefits for some public servants.
What is the retirement age for federal employees?
Retirement involves making many decisions including deciding when to retire.
Mixed reactions to Medicare Part D in the FEHB
It's been almost five months since Part D was incorporated into many Federal Employees Health Benefit plans. How is it being received?
OPM’s retirement backlog continued a four-month downward trend in April
Though the Office of Personnel Management’s backlog of pending federal retirement claims fell again last month, the pace of progress has slowed.
Essential things to know about your Social Security benefit: Part 2
Social Security, along with the FERS basic retirement benefit and the Thrift Savings Plan, can provide the financial security you will need during your life after retirement.
Featured eBooks
Essential things to know about your Social Security benefit: Part 1
It is important to keep up with Social Security changes that can have an impact on your current and future benefits.
Most TSP funds took a tumble in April
After two months of sustained gains, only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the black.
Postponing retirement problems: Part 2
Federal law trumps what might seem to make the most sense.
Postponing retirement problems: Part 1
It’s important to know the difference between a postponed retirement and a deferred retirement.
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.
Resigning instead of retiring
How you leave the federal government matters when it comes to benefits.
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.
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.
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.
