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Request Your 2025 Retirement Benefits Booklet from OPM

Posted on Friday, 16th May 2025 by Dennis Damp

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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, […]

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Projected Annuity Calculator Updates for FERS and CSRS

Posted on Friday, 9th May 2025 by Dennis Damp

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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 […]

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Potential Benefit Cuts – It’s Not Time to Panic

Posted on Thursday, 17th April 2025 by Dennis Damp

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Federal employees and annuitants wait in the wings with each new Congress for the next shoe to drop. Federal employees fear their benefits are going to be cut! Most of the time, these rumors are unfounded and go by the wayside. It may be different this time around. With the House and Senate passing the […]

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UPDATE – Deferred Resignations and VERAs Return

Posted on Friday, 11th April 2025 by Dennis Damp

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In April, more agencies offered deferred resignations and early outs through the Voluntary Early Retirement Authority (VERA). The dates for these offers vary per agency, and the time frame for this option is as short as 7 days. The following list of departments and agencies have sent offers via email to their employees; more are […]

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Common Sense Prevails – Agency Heads Take Control

Posted on Friday, 7th March 2025 by Dennis Damp

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In last week’s article, I said, “DOGE is moving too far and fast, as evidenced by the chaos surrounding it,” and further stated, “They should allow each agency head to work within their organizations to streamline if needed.” Someone in the administration read my last article! Actually, the President’s cabinet and many others were complaining […]

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Many CSRS Retiree’s Social Security Checks Increasing Soon

Posted on Wednesday, 26th February 2025 by Dennis Damp

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The Social Security Fairness Act repealed the windfall elimination provision and the government pension offset last November, and impacted CSRS retirees are waiting for their Social Security checks to increase. You are eligible for Social Security benefits if you accrued 40 quarters (10 years) of employment where Social Security payments were withheld. The Windfall Elimination […]

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Social Security Income Tax Elimination Update

Posted on Thursday, 13th February 2025 by Dennis Damp

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Approximately 50% of retirees pay taxes on their Social Security benefits, compared to less than 10% in 1984! Thomas Massie (R-KY) reintroduced H.R. 1040, the Senior Citizens Tax Elimination Act. It was referred 02/06/2025 to the House Committee on Ways and Means. This bill assists seniors by eliminating the double tax on Social Security benefits. […]

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Medicare Prescription Drug Plan (MPDP) Opt-Out Update

Posted on Friday, 7th February 2025 by Dennis Damp

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Since writing the article “Medicare Prescription Drug Plan Fiasco – The Continuing Saga,” I’ve received over 40 emails and comments from site visitors experiencing the same issues; several are paying considerably more for their prescriptions under the MPDP plan. You can review all of the comments on our blog, they follow the article mentioned above. […]

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