Posted on Saturday, 18th August 2012 by Dennis Damp
Did you know that you can retire on any day you choose? There are many articles online to help you select the best day to retire but when selecting that perfect date, don’t forget that retirements are always effective at the end of a scheduled day. For example, Janet’s normal work schedule is Monday-Friday from […]
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| Comments (0)Posted on Thursday, 9th August 2012 by Paul Risser
Little things to keep in mind for life after work. Presented by Paul H. Risser Decades ago, there was a popular book entitled What They Don’t Teach You at Harvard Business School. Perhaps someday, another book will appear to discuss certain aspects of the retirement experience that go unrecognized – the “fine print”, if you […]
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| Comments (0)Posted on Monday, 6th August 2012 by Dennis Damp
Many federal employees had some part time work experience during their careers. Part-time employees receive full-time credit for retirement eligibility (years of service), but the impact on the annuity can be significant. To determine how your part time service will affect your annuity you have to understand the differences between pre and post April 7, […]
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| Comments (1)Posted on Monday, 9th July 2012 by Dennis Damp
There are many issues to consider when setting your retirement date; some personal and others financial. There isn’t a stock answer for when you should retire and whatever date you choose will impact your benefits one way or the other. For the most part, voluntary CSRS retirements are best the first three days of the […]
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| Comments (0)Posted on Monday, 18th June 2012 by Dennis Damp
My wife and I moved last month and in the process we went through everything to purge what we didn’t need. We ended up donating, giving away or throwing out many things we accumulated over the decades. I kept all of our check registers back to the late 1960s and as we went through them, […]
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| Comments (0)Posted on Friday, 8th June 2012 by Paul Risser
Over these last couple of months I’ve had the opportunity to correspond with a number of federal employees and these two concerns were at the top of their list: the length of time it is taking OPM to finalize annuity payments, and the desire to obtain life insurance in the private sector, but neglecting to […]
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| Comments (0)Posted on Monday, 4th June 2012 by Dennis Damp
I wrote an article titled “Is a Voluntary Early Retirement (VERA) in Your Future” last July about the impending early retirements and the VERA and VSIP programs. We continue to receive questions about these programs and we expanded our Voluntary Early Retirement Authority (VERA) and Voluntary Separation Incentive Payment (VSIP) guidance to help you decide […]
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| Comments (0)Posted on Saturday, 26th May 2012 by Paul Risser
Who might want to take advantage of it? Who might not? Presented by Paul H. Risser Do you have a Thrift Savings Plan account? Then you should know about an important new development. Starting in spring 2012, FERS and CSRS employees will be able to have two types of balances in their TSPs: a traditional […]
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