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Getting it Right the First Time

Posted on Friday, 3rd August 2018 by Dennis Damp

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Recently, Greg asked, “how important is it to attend a retirement briefing or not?” He and his wife intend to travel the country for several years after leaving federal service. I developed my retirement planning website because I attended two agency sponsored retirement seminars and came back with more questions than answers. That being said, […]

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Retirement Processing Delays – Don’t Let This Happen to You

Posted on Thursday, 21st June 2018 by Dennis Damp

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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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How to Find Essential Retirement & Benefit Information

Posted on Friday, 8th June 2018 by Dennis Damp

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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 […]

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Life’s Milestones – Retiree Perspective

Posted on Friday, 1st June 2018 by Dennis Damp

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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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Surviving on an Interim Annuity Payment

Posted on Friday, 18th May 2018 by Dennis Damp

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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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Return to Work and Receive a Tax Break!

Posted on Thursday, 5th April 2018 by Dennis Damp

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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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Andrew McCabe Fired – Law Enforcement Officer Retirement Impact

Posted on Monday, 26th March 2018 by Dennis Damp

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Attorney General Jeff Sessions recently fired Andrew McCabe, the FBI Deputy Director 2 days before he would have become eligible for a 20 year LEO early retirement. The Justice Department’s Office of the Inspector General (OIG) reported that without authorization the Deputy Director released information to the news media. Many assume he lost his pension. […]

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Retirement Essentials – Do You Have What it Takes!

Posted on Saturday, 17th March 2018 by Dennis Damp

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“Retirement is wonderful if you have two essentials — much to live on and much to live for.” The author for this quote is unknown but whomever made this observation was certainly an astute observer of the human condition. Most retire with much to live for; watching their children mature and become successful responsible adults, […]

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