fbpx

Ready for Retirement?

Posted on Tuesday, 11th July 2017 by Donna Day

Share

How to determine if you are ready for retirement …there are many areas to consider and explore. First and foremost, can you afford it? Also, what about healthcare and what do you plan to do with your time? These are a few questions along with a host of others that will be discussed within this article […]

Posted in

| Comments (0)

FERS & CSRS Retirements – Looking in the Rear View Mirror

Posted on Thursday, 6th July 2017 by Dennis Damp

Share

It’s hard to believe that only 2% of the active workforce is CSRS retirement eligible! When I was hired in the early 1970s all were CSRS eligible. A sea change from those days. Now FERS will soon be the only game in town and we don’t know what changes will come down the road for […]

Posted in

| Comments (0)

Early Retirement Incentives – VERAs May be on the Way

Posted on Tuesday, 30th May 2017 by Dennis Damp

Share

Many agencies are now either considering or have already applied to OPM for approval to offer Voluntary Early Retirements (VERAs) and possibly Voluntary Separation Incentive Payments (VSIPs) as well. Now is the time to assess whether or not a VERA, if offered, would be the right thing for you to do based on your circumstances […]

Posted in

| Comments (0)

Veteran’s Identification Card – New and Expanded Veteran Benefits

Posted on Saturday, 15th April 2017 by Dennis Damp

Share

Veteran Identification Cards – New & Expanded Benefits Until recently the only way veterans could prove their military status was either with a VA Health Service card, a retired military card, or provide a copy of their DD-214 discharge paperwork. Veterans that aren’t signed up for VA health care or didn’t retire from military service […]

Posted in

| Comments (0)

Finally, Good News for Retirees and Savers

Posted on Monday, 13th March 2017 by Dennis Damp

Share

According to Kiplinger’s, core inflation will increase in 2017 above last year’s rate. Higher inflation generally results in higher Cost of Living Adjustments (COLAs) the following year. The Federal Reserve is expected to raise interest rates soon and several more increases are anticipated this year. This alone will provide relief to all savers including retirees […]

Posted in

| Comments (0)

The End Game – Protecting Your Loved Ones

Posted on Sunday, 12th February 2017 by Dennis Damp

Share

The saying that “It’s Never Too Late” doesn’t apply to certain aspects of retirement and estate planning. I can attest first hand to this; my father died when I was one and my mother, at age 37, was left with 4 small children of which I was the youngest. My father died without life insurance […]

Posted in

| Comments (0)

Ready – Set – Go! FEHB Open Season

Posted on Saturday, 12th November 2016 by Dennis Damp

Share

Each year active federal employees and annuitants must obtain hard copies of plan brochures and general information about open season.  I review plan changes each year and confirm that our doctors and medical facilities are still on the provider list. OPM does send out an informative Open Season Health Benefits guide to all participants that […]

Posted in

| Comments (0)

2017 COLA, Federal Employee’s Leave Chart, & Pay Raise

Posted on Sunday, 23rd October 2016 by Dennis Damp

Share

WOW! They finally approved a COLA increase.  It’s amazing how low they can go, .03 Percent for 2017. If your federal retirement annuity is $2,000 per month, you will see $6 more in your check. The average Social Security increase is $4 a month!  The Federal Reserve continues to keep interest rates so low that […]

Posted in

| Comments (0)

Terms Of Use