Posted on Friday, 6th July 2018 by Dennis Damp
I frequently talk about what is happening in my life as it relates to retirement. For example, when I signed up for Medicare and Social Security I outlined the process for others to follow. Recently I began searching for a small car for my wife, a car that would easily fit in the garage and […]
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Posted on Thursday, 21st June 2018 by Dennis Damp
There are a number of actions to take long before you retire to expedite retirement application processing. If you don’t correct certain errors prior to applying be financially prepared to live on a reduced interim annuity check for an extended period. One of our site visitors recently discovered that her ten years of military service […]
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| Comments (0)Posted on Friday, 8th June 2018 by Dennis Damp
Updated 8/14/2023 When you require information about your benefits and retirement planning you need resources at your fingertips to make informed decisions FAST. OPM does have a comprehensive site, http://www.opm.gov, that you can search and find abundant information, however it is often difficult to locate what you are looking for. Plus they don’t offer advice […]
Tags: Federal Retirement, Retirement Planning Information
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Posted on Friday, 1st June 2018 by Dennis Damp
There are many significant milestones in all of our lives. I attending Milton Hershey School for Boys in the late 1950s and early 60s, graduated from high school and college, received my draft notice in 1968, joined the U.S. Air Force, married my high school sweetheart, landed my first government job with the Department of […]
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Posted on Friday, 18th May 2018 by Dennis Damp
Are you prepared to live on reduced income until your retirement claim is processed? Those already retired know all about this, they received interim annuity payments until the final adjudication of their retirement. For me personally, it only took three months. I retired on December 31 and my first full annuity payment, with credits for […]
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Posted on Monday, 7th May 2018 by Dennis Damp
It’s a little early to be thinking of the next FEHB Open Season for 2019 benefits, yet it’s important to know what changes are coming down the pike. The Federal Benefits Open Season enrollment period, Nov. 12, 2018 through Dec. 10, 2018, runs concurrently with the TRICARE Open Season. FEDVIP Vision and Dental Plans, originally […]
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| Comments (0)Posted on Friday, 27th April 2018 by Dennis Damp
Low interest rates over the past decade have driven many to abandon secure FDIC insured savings, Treasury Bills and Notes for higher risk investments such as stocks, ETFs, and mutual funds. A good number of savers simply left their savings in very low yielding bank accounts and suffered the loss of income and decreased buying power […]
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| Comments (0)Posted on Thursday, 5th April 2018 by Dennis Damp
What would encourage a retiree to return to the workforce today? How about a 20% deduction on your new found income! Many that left federal service still have much to offer and can turn a part-time adventure into extra cash that supplements their annuity, Social Security, and TSP payouts. Today, there are many opportunities for […]
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