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Early Retirement Incentives – VERAs May be on the Way

Posted on Tuesday, 30th May 2017 by Dennis Damp

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Many agencies are now either considering or have already applied to OPM for approval to offer Voluntary Early Retirements (VERAs) and possibly Voluntary Separation Incentive Payments (VSIPs) as well. Now is the time to assess whether or not a VERA, if offered, would be the right thing for you to do based on your circumstances […]

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Veteran’s Identification Card – New and Expanded Veteran Benefits

Posted on Saturday, 15th April 2017 by Dennis Damp

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Veteran Identification Cards – New & Expanded Benefits Until recently the only way veterans could prove their military status was either with a VA Health Service card, a retired military card, or provide a copy of their DD-214 discharge paperwork. Veterans that aren’t signed up for VA health care or didn’t retire from military service […]

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Finally, Good News for Retirees and Savers

Posted on Monday, 13th March 2017 by Dennis Damp

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According to Kiplinger’s, core inflation will increase in 2017 above last year’s rate. Higher inflation generally results in higher Cost of Living Adjustments (COLAs) the following year. The Federal Reserve is expected to raise interest rates soon and several more increases are anticipated this year. This alone will provide relief to all savers including retirees […]

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The End Game – Protecting Your Loved Ones

Posted on Sunday, 12th February 2017 by Dennis Damp

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The saying that “It’s Never Too Late” doesn’t apply to certain aspects of retirement and estate planning. I can attest first hand to this; my father died when I was one and my mother, at age 37, was left with 4 small children of which I was the youngest. My father died without life insurance […]

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Retirement Application & Benefit Forms – Don’t Make This Mistake!

Posted on Friday, 27th January 2017 by Dennis Damp

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OPM issued a “Benefits Administration Letter,” number 16-102, announcing that “effective immediately, we will not accept corrections (scratch-outs, white-outs, line-outs, or any other type of correction actions) in the named Sections on the following forms. New forms must be completed in lieu of any alterations to previously entered information.” A manually corrected retirement application could […]

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1099 R Statements For 2016 Are Available Now!

Posted on Wednesday, 18th January 2017 by Dennis Damp

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Normally, federal annuitants don’t received their 1099R Tax Forms until the end of January or the beginning of February by regular mail. If you are registered to use OPM’s Retirement Services Website your 1099 R is now available for download. I visited the site on January 18, 2016 and was able to download my copy […]

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Retirement Moves – Take These Steps Now!

Posted on Friday, 13th January 2017 by Dennis Damp

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Moving is always stressful no matter if you are working or retired. My wife and I moved 11 times since we first married 47 years ago! Each move had its own unique issues that we had to handle at different times in our lives.  If you are retired there are a number of actions that […]

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2017 Leave calendar and Pay Raise, Then and Now, & Jobs Update

Posted on Friday, 16th December 2016 by Dennis Damp

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We published the new 2017 Excel Leave Chart back in late October. Since then a few of our site visitors were only able to open the Excel chart in protected mode and couldn’t enter data. If your spreadsheet opens in protected view click the “enable editing” button in the yellow bar at the top of […]

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