Posted on Sunday, 2nd January 2011 by Dennis Damp
Recently OPM clarified a number of issues around interim annuity payments and what retirees can expect when they first leave federal service. It is essential that federal employees have sufficient cash available and are financially prepared when retiring to allow OPM to complete a final adjudication of their claim. OPM is now processing applicants in […]
Posted in
| Comments (0)Posted on Monday, 29th November 2010 by Dennis Damp
Please Forward This Email to Others That Would Benefit From This Information One – Two – Three……. Remember the lyrics “One, Two, Three, It’s so Easy” by Len Berry from the 1960s? One, two, three That’s how elementary it’s gonna be Just fine and dandy It’s easy Like taking candy from a baby Well, most […]
Posted in
Posted on Monday, 27th September 2010 by Dennis Damp
A soon to be retired fed contacted me last month about an estimate they received from their HR department with a grossly incorrect survivor benefit cost estimate. The employee was advised that a full survivor benefit for their spouse would reduce their monthly benefit by one third! Incorrect high estimates like this can put the […]
Posted in
Posted on Thursday, 26th August 2010 by Dennis Damp
The FERS supplement and deferred annuities have attracted considerable attention recently. Many are thinking seriously about early retirement these days. Thankfully we have Linda Duncan, our HR and Benefits Forum Host, available to handle these often complex issues for our site visitors. We recently added a Travel Forum and Nancy Holston’s article titled New England […]
Posted in
Posted on Monday, 2nd August 2010 by Dennis Damp
We receive many questions each month from retirees and federal employees and many are focused on the following subject areas. I suggest copying this article and keep it with your important papers so you and your family will have the answers needed when faced with these issues. Retirement Income Verification If a mortgage company or […]
Posted in
Posted on Monday, 28th June 2010 by Dennis Damp
Changes to the Savings Bond Program OPM recently sent retirees a letter announcing the phasing out of paper savings bonds through traditional savings plans. If you have savings bonds withheld, they will be stopped automatically in October, the last month you will receive a bond. You can continue to purchase savings bonds through the Treasury […]
Posted in
Posted on Friday, 26th February 2010 by Dennis Damp
On our latest trip south this winter we discovered some really neat travel aids that helped make the journey enjoyable and safe. Traveling in the winter months is always a concern and this year we used the web site http://www.trippish.comto determine the best day to leave based on the weather forecasts along the route. This […]
Posted in
| Comments (0)Posted on Monday, 15th February 2010 by Linda Sherman
“Retirement is wonderful if you have two essentials — much to live on and much to live for.” – Author Unknown To determine how much you will have to live on estimate your gross annuity and complete our retirement costs spreadsheet. After determining that you have the resources to retire comfortably, the following discussion will […]
Posted in
| Comments (5) |
 |
 |
|
||
 |
|
 |
|
||