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Posted on Sunday, 27th July 2025 by Dennis Damp

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With many taking advantage of deferred resignation, early outs, or simply deciding it’s time to retire, start the military deposit paperwork immediately if you haven’t already done so. There is a free webinar at 7:00 pm on July 31st about savings for retirement that you may wish to take advantage of. FERS retirees with post-January […]

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Posted on Thursday, 24th July 2025 by Dennis Damp

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Kiplinger Retirement Newsletter’s recent article, “How to Tell Your Own Life Story,” was on the mark. They say, “There is one vulnerable asset we tend to overlook: Our stories.” This is so true, and it was a driving force behind my decision to write and publish my memoir, “The Early Years, A Road Less Traveled,” […]

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Posted on Thursday, 17th July 2025 by Dennis Damp

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Please forward this to others needing retirement planning assistance. Many federal employees are actively considering retirement today due to early, regular, and deferred options that are now or soon will be available as downsizing initiatives continue throughout the federal sector. The reconciliation bill includes funding for the major reorganizations, reductions in Force (RIF), and relocations […]

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Posted on Friday, 4th July 2025 by Dennis Damp

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The reconciliation bill HR-1, passed by Congress and signed by the President on Independence Day, ensures that nearly 90% of Social Security beneficiaries will no longer pay federal income taxes on their benefits. This bill provides meaningful and immediate relief to millions of seniors. Social Security Commissioner Frank Bisignano recently stated, “This is a historic […]

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Posted on Friday, 27th June 2025 by Dennis Damp

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Last week’s article announced the launch of OPM’s retirement application (ORA) service. The process mimics the paper application process. FERS employees must fill out the SF 3107 form, and CSRS employees must fill out the SF 2801 online. Only those with a .gov email address can access the new application portal.     I tried […]

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Posted on Friday, 20th June 2025 by Dennis Damp

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The U.S. Office of Personnel Management (OPM) launched a new online portal for federal employees on June 3, 2025. This portal is a fully digital federal retirement system that streamlines the retirement application process for employees, HR professionals, and payroll offices. Getting Started FREE Retirement Report and Analysis You must use Login.gov to set up […]

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Posted on Thursday, 12th June 2025 by Dennis Damp

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This year’s 2.5% COLA for Social Security and the Civil Service Retirement System (CSRS) and 2.0% for Federal Employees Retirement System (FERS) decreased from the 2024 COLA of 3.2% % CSRS and 3% FERS. The 2023 COLA was the highest in over 40 years at 8.8% for CSRS and 7.7% for FERS employees. Even though […]

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Posted on Thursday, 5th June 2025 by Dennis Damp

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OPM announced on June 3rd the availability of their new electronic Official Personnel Folder (eOPF) platform. This new state-of-the-art cloud-based system replaces the legacy Official Personnel Folder (OPF). When I retired, there wasn’t an eOPF to download. I requested my HR office to send a legacy hard copy file to my office, and was allowed […]

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