Posted on Thursday, 14th August 2014 by Herbert Casey
On August 8, 2014, the guidance allowing a “Phased Retirement” option for federal employees was published by the Office of Personnel Management (OPM). Under this option, federal employees eligible for retirement can work half-time while receiving partial retirement benefits before they fully retire. According to Katherine Archuleta, OPM Director, “Phased Retirement offers an innovative alternative […]
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| Comments (0)Posted on Friday, 1st August 2014 by Herbert Casey
I’m sure all of you remember Aesop’s fable of the Ant and the Grasshopper. Briefly, it’s about the ant that toiled through the summer to store food for the winter. The grasshopper hopped about and sung to its heart’s content. He had plenty to eat and didn’t see a need to work hard to store […]
Tags: CSRS, Federal Retirement, FERS
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Posted on Monday, 14th July 2014 by Dennis Damp
Federal employees have valuable knowledge, skills, and training that can be highly beneficial to companies after retirement or that can be used to start your own business. Today many companies recruit active federal employees. FERS employees are more easily persuaded to change careers because most of their benefits can go with them, unlike CSRS employees […]
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| Comments (0)Posted on Sunday, 8th June 2014 by Dennis Damp
It’s wise to evaluate your insurance needs before deciding on what options you will carry into retirement and long before filling out your retirement forms. Linda Sherman wrote an excellent article titled A Life Insurance Check-up: Assessing Your Insurance Needs that I recommend everyone read no matter where they are in their career; from new […]
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| Comments (0)Posted on Friday, 9th May 2014 by Dennis Damp
Turning 65 often proves to be a pivotal year for retirees. I’ll be 65 next month and discovered many tasks await us at this juncture in our lives. There are many things to consider and first and foremost I’m grateful that I made it to this milestone; many don’t, including my parents and grandparents on […]
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Posted on Friday, 25th April 2014 by Dennis Damp
Updated 2/20/2024 My Aunt Pauline and Uncle Jack preplanned their final arrangements in their early 50s. Uncle Jack had several major heart attacks in his mid 40s and thought for sure he would be the first one to go. He lived to 81 and my aunt passed away a year before he died. They purchased […]
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Posted on Wednesday, 9th April 2014 by Dennis Damp
Updated 2/20/2024 The first part of this series discusses how to ensure your heirs receive what you intended and Social Security’s death and survivor benefits. Part 2 will discuss pre-planning steps that will assist the surviving spouse and children navigate the many challenges that arise when a loved one dies. The subject matter may seem […]
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Posted on Thursday, 20th February 2014 by Dennis Damp
(Updated 12/15/2024) What prompted this article was an email from Holly, a federal retiree, who recently moved to Arizona. She had been calling OPM, trying to change her health care plan, for almost 2 months without success because the FEHB plan she had didn’t offer services at her new location. The one time she did […]
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