Posted on Wednesday, 22nd October 2014 by Dennis Damp
According to John Church with the Bureau of Labor Statistics (BLS) the 2015 COLA will be 1.7%. This is the low range of what many projected of between 1.7 to 2%. We updated our COLA charts this morning to reflect this change and we post all COLAs back to 1999. If your annuity is $2,500 […]
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Posted on Friday, 17th October 2014 by Herbert Casey
Open Season for Federal Employees Health Benefits (FEHB) is just around the corner. Open Season runs from the Monday of the second full workweek in November through the Monday of the second full workweek in December. This year Open Season is November 10, 2014 – December 8, 2014. Federal retirees and their surviving spouses retain […]
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Posted on Friday, 3rd October 2014 by Herbert Casey
So, what do you do with the funds in your Thrift Savings Plan (TSP) when you leave federal government service? You have two options. You can take a partial withdrawal which allows you to make a one-time-only withdrawal and leave the rest of your money in the TSP until a later date. You can also […]
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| Comments (0)Posted on Wednesday, 24th September 2014 by Dennis Damp
Carolyn W. Colvin, Acting Commissioner of Social Security, announced on September 16, 2014 that the agency will resume the periodic mailing of Social Security Statements—once every five years for most workers– while encouraging everyone to create a secure my Social Security account to immediately access their Statement online, anytime. The Statement provides workers age 18 […]
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| Comments (0)Posted on Friday, 19th September 2014 by Herbert Casey
During the first month of writing for FederalRetirement.net, I received a few questions on military buyback. I am surprised at the number of folks who either waited until right before their retirement or realized after they retired that they missed an opportunity to increase their annuities by paying their military service credit deposit. In general, […]
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| Comments (0)Posted on Friday, 12th September 2014 by Cynthia Compton-Conley
Hearing aid and implant wearers know only too well that their devices perform best when in close and quiet listening situations. However, listening may not be so easy when attempting to understand dialogue on the TV, over the phone, or when listening in noisy situations such as in the car, restaurants, or movie theaters and […]
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| Comments (0)Posted on Friday, 5th September 2014 by Herbert Casey
How are you preparing for retirement? Are you the Ant or the grasshopper? My first article about a month ago provided 5 essential tips to be prepared like the ant. Based on feedback from a few friends that I shared the article with, all consider themselves ants. No one is a grasshopper or at least […]
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Posted on Friday, 22nd August 2014 by Dennis Damp
If you know of someone approaching age 65 or younger and signing up for Medicare send them a link to this article. It provides the information that federal employees and retirees need to consider before they sign up. If you are already collecting Social Security benefits you will be automatically signed up for Medicare three […]
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