fbpx

Six Years and Counting, Social Security Supplements, TSP penalties, & More

Posted on Thursday, 26th May 2011 by Dennis Damp

Share

Six years and Counting I’ve been retired 6 ½ years now and just turned 62… I’m eligible for SOCIAL SECURITY!!! I attended my nephew’s graduation party last week and for the first time understand how my aunts and uncles felt during similar events back in the 60s, 70s and 80s. Now Mary and I are […]

Posted in

| Comments (0)

How the National Debt Negatively Impacts Retirees & Updates

Posted on Tuesday, 3rd May 2011 by Dennis Damp

Share

We haven’t received COLAs because gas, utilities, food, health care premiums, tuition, and airfares haven’t increased for two years now; RIGHT? Are you paying less for much of anything these days! The inflation rate would equal 10% or higher if the Consumer Price Index (CPI) included food and fuel increases like it did in the […]

Posted in

| Comments (0)

How an Annuity & the TSP Are Divided in a Divorce

Posted on Friday, 29th April 2011 by Ann Ozuna

Share

On the Divorce Issues and Retirement Impact section we discussed in general how your federal benefits are property up for division in divorce. Here are some of the specifics: OPM must have all the information it needs in your decree or order to divide your retirement.  Therefore you must specify “gross annuity”, “net annuity,” or […]

Posted in

| Comments (0)

How to Increase Your Annuity & Updates

Posted on Tuesday, 29th March 2011 by Dennis Damp

Share

Robert worked for the Federal government for 4 years under FERS. He resigned in 1995 and withdrew his FERS retirement contributions and then returned to government in 1998. He now holds a career position and was not sure if he could obtain credit for his prior service that he withdrew in 1995. We receive many […]

Posted in

| Comments (0)

Your Last Day, Retiree Jobs, and Updates

Posted on Monday, 14th March 2011 by Dennis Damp

Share

Your last Day How can you ensure that your exit doesn’t cause you or your agency problems? There are many loose ends to sew up the last few days of employment that if not done properly can delay payment of your first check or cause other problems. I still hadn’t received my retirement Personnel Action […]

Posted in

| Comments (1)

TSP Fund Performance, Skyrocketing FEHB Costs, and Updates

Posted on Thursday, 27th January 2011 by Dennis Damp

Share

I have always been fairly conservative with my TSP account considering that I’m now retired and may need these funds down the road. I look at my TSP performance from several perspectives. First, I compare my contributions to market value for total gain, the amount my account has grown since retiring, and then look at […]

Posted in

| Comments (0)

Need a Break from the Cold? Travel Deals Abound in January!

Posted on Wednesday, 19th January 2011 by Nancy Holston

Share

I’ve been retired over two years now and the winter before retiring I had dreams of spending my winters indoors after retirement looking out into the woods during snow storms watching snow flakes gently float to the ground while Cardinals and Blue Jays feasted at the feeders scattered amongst the trees.  I would drink my […]

Posted in

| Comments (0)

Retirement Precautions, TSP Changes, Updates, and Retiree Jobs

Posted on Sunday, 2nd January 2011 by Dennis Damp

Share

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)

Terms Of Use