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Federal Retirees Needed to Provide COVID 19 Pandemic Support

Posted on Sunday, 29th March 2020 by Dennis Damp

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Federal retirees are generally able to reapply for federal jobs under the rehired annuitant program. The government is fast tracking dual compensation waivers that will allow reemployed retirees, with critical skills needed to fight this pandemic, to return to work without impacting their annuity. Request a Personalized “Federal Retirement Report” Today  In light of the […]

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The Sky is Falling! The Coronavirus – What to Do.

Posted on Sunday, 15th March 2020 by Dennis Damp

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The Coronavirus is now center stage and deservingly so. This invisible antagonist has upended our world for the near term: schools and businesses closing, event cancelations – including literally all sporting events, the stock market on retreat, social distancing, and empty shelves at local stores. Request Your Personalized Federal Retirement Report™ Today Thankfully, we finally […]

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Converting Unused Sick Leave (FERS & CSRS)

Posted on Friday, 7th February 2020 by Dennis Damp

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Updated 8/1/2024 Fortunately, the National Defense Authorization Act for Fiscal Year 2010 authorized FERS employees to use their unused sick leave balances to increase their retirement annuity. Prior to this Act, only CSRS employees were able to use their unused sick leave balances in their annuity calculation. Until this act was passed, federal employees hired […]

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Interim Retirement Checks & Retirement Application Processing Delays

Posted on Friday, 24th January 2020 by Dennis Damp

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New retirees are subject to interim annuity payments and many don’t know what to expect when they first leave federal service. Federal employees must have sufficient cash available and be financially prepared when retiring to allow OPM to complete a final adjudication of their claim. Request a Federal Retirement Report™ today to review your projected annuity payments, income […]

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1099R Tax Forms Available NOW!

Posted on Wednesday, 22nd January 2020 by Dennis Damp

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Our 1099R Tax Forms typically aren’t available until the end of January by regular mail. Registered users of OPM’s Retirement Services Website can download their 1099R now. I visited the site on January 22, 2020 and download my copy early to use with my 2019 tax return.  Last year the 1099Rs were available for download […]

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Notice of Annuity Adjustment and 1099 R Tax Forms

Posted on Saturday, 11th January 2020 by Dennis Damp

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In late December of each year federal retirees receive a Notice of Annuity Adjustment that provides abundant information for annuitants and their survivors. Any time your annuity payment is modified, for whatever reasons, OPM sends out a new notice outlining the change and the impact on your annuity. If a COLA is pending, health care […]

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3.1% GS 2020 Pay Raise – Pay Charts Now Available

Posted on Monday, 30th December 2019 by Dennis Damp

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Those planning to retire soon will benefit from the pay raise in a number of ways. Primarily, your annual leave buy back will be at the new pay rate starting the first pay period of 2020. If you plan on staying another year or longer the raise will increase your high three average earnings that […]

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The Ultimate Retirement Planning Guide – Start Now!

Posted on Friday, 15th November 2019 by Dennis Damp

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Updated 1-28-2024 Retirement is more of a destination, unlike a planned vacation, where you return to work a few days after the trip is over.  Whether you are going on vacation or planning your retirement you have to research and prepare to make the event truly remarkable. Sign up for a complimentary retirement planning session […]

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