Articles
Do Federal Employees Get a Pension and Social Security? An In-Depth Look
Retirement planning is a crucial aspect of every working individual’s life, and for federal employees, understanding their unique benefits can make a significant difference. One
Federal Employee Retirement Taxation [How You Can Prepare]
Planning for retirement is a critical task that every federal employee should undertake. Among the many considerations and decisions that retirement planning entails, preparing for
States That Won’t Tax Your Federal Retirement
It’s no secret that the United States tax system is complex. With tax rates and rules changing every year, it’s hard to keep track of
Federal Retirement Checklist
Retirement planning should be thorough and not rushed. This is especially important for those who are employed by the federal government. Employees in this sector
How to Determine Your FERS Retirement Age
The monthly pension is a benefit that federal government employees receive after they retire from service. Workers typically retire from their jobs by the time
FERS Retirement Choices
Did you know that there is a retirement plan available for civilian employees that covers everyone employed in the legislative, judicial, and executive branches of
Understanding The Lifecycle Funds In The Thrift Savings Plan
There are many people who wonder how the lifecycle funds in the Thrift Savings Plan (TSP) work, what it is, what its purpose is, and
How Rising Interest Rates Impact Your Retirement
If you’re an avid news watcher or an otherwise financially-conscious person, you might’ve already heard about the Fed’s decision to increase interest rates. In an
Buying Back Military Time
Those who served military time may pursue different careers after their service. A path many go through is work within the federal government, which provides
FERS Postponed vs FERS Deferred Retirement: What’s the Difference?
Retiring as a federal employee is a milestone for many people. With lucrative perks and retirement packages, it’s no wonder that federal employees devote their
5 TSP and IRA Rollover Mistakes You Need To Avoid
Whether you’re looking to defer taxes, widen your investment options, have higher returns, or maybe you just want to look for a retirement service with
The FERS Supplement (Everything You Need to Know)
Have you ever put twenty bucks in your pocket and forgotten it was in there? Then you are wearing those pants again and you reach
Roth TSP vs Traditional TSP: A Guide for Federal Employees
The Thrift Savings Plan (TSP) is a type of retirement investment plan for federal employees and members of the uniformed services. Over 6 million people
FERS Retirement Pension Calculator
The FERS basic benefit is a retirement source that benefits federal government employees. FERS (Federal Employees Retirement System) covers employees working in federal government branches
7 Factors to Consider When Using Thrift Savings Plan Calculators
Since its founding in 1986, the federal Thrift Savings Plan (or TSP) has helped millions of federal employees invest and save for retirement. And if you’re
Federal Employee Pay Raises vs. Retiree COLAs: What’s the Difference?
Understanding how your pay increases work in a seemingly constant, turbulent, economy with political changes and machinations added to the mix is critical. If you’re
What to Know About the 2023 GS Pay Scale for Federal Employees
There are almost 2 million federal employees in the United States. Are you a federal employee? Do you have questions about your GS pay grade? Many federal
How is FERS Retirement Taxed?
Over two million people work for the United States federal government. If you’re in this group, you might wonder about the taxation of your retirement savings.
Determining Eligibility for Government Retirement Pensions
The retirement age of a government employee is decided by the individual’s age and the number of years of service. Because of this significant benefit,
CSRS vs FERS: What’s the Difference?
The U.S. government maintains two retirement systems for its employees—the Federal Employees Retirement System and the Civil Service Retirement System. Retirement systems are standard at
What You Should Do With Your TSP When You Retire
In 1986, the Thrift Savings Plan or TSP was introduced to allow federal workers to invest in a tax-advantaged retirement account. Similar to an IRA,
What to Know About the Civil Service Retirement System
The CSRS, short for Civil Service Retirement System, offers various civilian employees retirement, disability, and survivor benefits. While it started back in the 1920s, CSRS
How You Can Make the Most of Your Thrift Savings Plan
If you are a service member in the military, then aside from having many benefits, you’ll also have access to Thrift Service Plan (TSP). TSP
Which States Don’t Tax Federal Retirement Income?
There are typically three main types of taxes you will be subject to: income tax, sales tax, and property tax. All of these taxes will
The Different Advantages of a TSP over an IRA
The Thrift Savings Plan (TSP) is a contribution plan for U.S. civil service employees, retirees, and uniformed services members. They are put in place so
Understanding the Key Benefits Under FERS
From army veterans to postal workers, federal employees who’ve been working tirelessly are able to enjoy their pension under the Federal Employees Retirement System (FERS).
Our Guide to Social Security and Its Importance in Retirement
No matter where you’re employed, Social Security is a crucial part of your retirement income equation, especially when you’re a federal employee. It is one
The Key Changes in Social Security Taxes and Benefits for 2021
When it comes to your financial well-being during your life after retirement, Social Security is crucial. Not every retiree may heavily rely on their monthly
Debunking Common Myths about Federal Retirement Benefits
Many people doubt their decisions, especially when they hear some myths and misconceptions about what they are planning to do. Just like all the other
5 Biggest Mistakes People Make With Beneficiary Designations
Many people assume that a will dictates the recipients of their assets after they expire. However, your assets are transferred through a beneficiary designation, which
3 Things You Should Do to Maximize Your Thrift Savings Plan
The Thrift Savings Plan (TSP) is a way for federal employees to secure their financial security after retirement. Your participation in a TSP means saving
What to Know About Retiring Early as a Federal Employee
If you’re a civilian employee working for the Federal Government, you’re most likely familiar with the Federal Employees Retirement System (FERS). Ever since 1987, people’s
A Secured Future with Government Retirement Benefits
Job security and retirement are some federal government benefits. Employees can receive coverage from their start date at work until their retirement days. While there
A Brief Overview on FERS and CSRS Retirement Systems
It’s a growing reality for many millennials that their retirement years will soon be in front of them. This is why it’s necessary to make
Essential Kinds of Insurance Explained [And Why You Need It]
Most people have this notion about insurance as a liability. Some believe that it’s just an expense for a small amount of income. However, insurance
Does the FERS Have a Minimum Age for Retirement?
It’s possible for a federal employee to retire before the age of 65, and many employees choose to retire young. However, the Federal Employees Retirement
Factors to Consider When Retiring From Federal Service
Federal service is a sustainable and long-term career. However, similar to every other industry, federal employees will arrive at a time when they need to
A Quick Guide to Pension Plans—What to Know
Employees and professional workers looking for a way to help them save up for their retirement could look into getting a pension from the company
2 Common Ways Government Employees Can Successfully Retire
As a government employee, mainstream retirement plans aren’t something you will want to pay much attention to. These plans may work for the general population,
