fbpx

Retirement Planning Assistance – Finding Help (2025 Update)

Posted on Thursday, 17th July 2025 by Dennis Damp

Share

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 […]

Tags: , , , , , ,
Posted in

| Comments (0)

Social Security Tax Relief for Millions of Senior Citizens

Posted on Friday, 4th July 2025 by Dennis Damp

Share

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 […]

Tags: , , , ,
Posted in

| Comments (2)

Apply for Retirement on OPM’s Online Application Service

Posted on Friday, 27th June 2025 by Dennis Damp

Share

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 […]

Tags: , , , , , , ,
Posted in

| Comments (0)

New Retirement Application Portal Launched

Posted on Friday, 20th June 2025 by Dennis Damp

Share

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 […]

Tags: , , , , ,
Posted in

| Comments (0)

Electronic Retirement Application Submissions

Posted on Friday, 30th May 2025 by Dennis Damp

Share

Finally, after decades of inaction on streamlining the retirement application process, the Department of Government Efficiency (DOGE) started the ball rolling. Beginning June 2, 2025, all agencies must submit retirement applications electronically to OPM. The Presidential Memorandum entitled “Establishing and Implementing the President’s Department of Government Efficiency” included modernizing Federal technology; this initiative is long […]

Tags: , , ,
Posted in

| Comments (2)

Powerless, Keeping the Lights On

Posted on Thursday, 22nd May 2025 by Dennis Damp

Share

At 5:02 p.m. on April 29th, a storm raged through our community, with winds of 70 to 80 miles per hour, straight-line winds, and rain with hail. This unusual weather event in Pittsburgh lasted 5 to 10 minutes, yet the damage was extensive and spread across several counties. Over 500,000 homes were without electricity. We […]

Tags: , ,
Posted in

| Comments (0)

Request Your 2025 Retirement Benefits Booklet from OPM

Posted on Friday, 16th May 2025 by Dennis Damp

Share

If you haven’t already, it’s time to order this year’s annuity booklet at OPM Services Online. The 2025 booklets are available for download, and a copy will also be sent via regular mail if requested. I order a new copy each year; it is 28 pages long and outlines all of your benefits, annuity information, […]

Tags: , ,
Posted in

| Comments (2)

Projected Annuity Calculator Updates for FERS and CSRS

Posted on Friday, 9th May 2025 by Dennis Damp

Share

Our updated Excel annuity calculator spreadsheet projects your annuity and maximum survivor benefit growth through 2065 using an estimated average annual Cost of Living Adjustment (COLA). Frank Cullen, an old friend who retired from federal service many years ago, developed this calculator. In the following sample chart, the retiree’s annuity increased 75% over the next […]

Tags: , , , , ,
Posted in

| Comments (0)

Terms Of Use