Retirement & Financial Planning Report

A bill (HR-82), to repeal the windfall elimination provision and the government pension offset, which apply under the CSRS system …More

If you separate from federal employment and are not eligible for a retirement annuity at that time, you may apply …More

Members of both parties have recently put renewed attention on the issue of delays in processing federal retirement applications, citing …More

If you think are concerned your reduced income during retirement will not go far enough to cover your expenses, make …More

For many, United States Savings Bonds have been a part of our lives. We have purchased and or received them …More

A federal appeals court has rejected a challenge to a 2016 change in how the “special retirement supplement”—also called simply …More

Although a non-spouse (companion, significant other, life partner, etc.) is not entitled to a survivor benefit, there is a little-known …More

It turns out getting a notice from OPM asking you to prove you are still alive can be a little …More

Joint ownership is the simplest and least expensive form of incapacity protection. Your elderly uncle who is becoming forgetful, for …More

Health insurance enrollees on average spend less than an hour during annual open seasons exploring their options, a study has …More

One complication regarding benefits for children through a parent’s federal employment is that eligibility for those benefits varies from one …More

The GAO has previewed an upcoming report on the TSP’s transition last summer to a new operating system and the …More

The increase in the Social Security “full retirement age,” or FRA, has lowered the percentage of people who begin drawing …More

Generally, federal retirees can only decrease, terminate or convert to a private policy their Federal Employees Group Life Insurance—that is, …More

While persons at older ages might seem to be at an advantage in getting a mortgage or refinance one, they …More

The Thrift Savings Plan’s lifecycle, or L, funds have been growing steady in popularity since their introduction in 2005. As …More

Your elderly parents or other aging loved ones might need substantial care, and so might you some day. Nursing homes …More

The share of the American population age 65 or older more than doubled in the last 40 years and is …More

While much of the attention on the flexible spending account program for federal employees focuses on using such accounts for …More

A report from the Employee Benefit Research Institute cautions against under-estimating the long-term costs of Medicare coverage. The report looked …More

As a rule, the large majority of federal employees are eligible to carry their FEHB health insurance and FEGLI life …More

A study has confirmed the longstanding general view that expectations of longevity play a key role in an individual’s decision …More

Unless you have assigned your Federal Employees Group Life Insurance coverage, you may reduce or cancel it at any time, …More

When you’re saving for your children’s college education, 529 plans offer some outstanding tax advantages. Investment buildup is tax-free and …More

OPM has revised guidance first issued a decade ago on what federal employees can do to make their retirement applications …More

If you are 60 or older, there is no restriction on the amount of income you can earn while receiving …More

To determine whether you should use trusts, you need to understand what they are. A trust is a paper entity …More

Sources of income change in retirement change over time although at every point Social Security is a major consideration, for …More

Periods of active duty military service can be added to your civilian service but it needs to be handled with …More