fbpx

Projected Annuity Calculator Updates for FERS and CSRS

Posted on Friday, 9th May 2025 by Dennis Damp

Share

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 […]

Tags: , , , , ,
Posted in

| Comments (0)

Hiring Freeze, Schedule F, and Social Security Benefits

Posted on Friday, 25th April 2025 by Dennis Damp

Share

The hiring freeze has been extended to July 1, 2025, and applies to all executive departments and agencies regardless of their operational and funding sources. This freeze prohibits filling vacant federal civilian positions or creating new ones, with exceptions for immigration enforcement, national security, and public safety. When the hiring freeze ends, agencies can hire […]

Tags: , , , ,
Posted in

| Comments (0)

Potential Benefit Cuts – It’s Not Time to Panic

Posted on Thursday, 17th April 2025 by Dennis Damp

Share

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 […]

Tags: , , , , , , ,
Posted in

| Comments (1)

UPDATE – Deferred Resignations and VERAs Return

Posted on Friday, 11th April 2025 by Dennis Damp

Share

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 […]

Tags: , , , ,
Posted in

| Comments (0)

Retirement Investments – Down but Not Out

Posted on Friday, 4th April 2025 by Dennis Damp

Share

Please forward this to others that may find this informative. Sign up to receive our free e-mail newsletter. I wrote a version of this article in April 2022, and with the market sell-off, it’s a good time to revisit this subject. It’s impossible to time the market. One of the financial advisers I talked with […]

Tags: , , , , ,
Posted in

| Comments (0)

NEWS – Agency’s Collective Bargaining Agreements Terminated

Posted on Monday, 31st March 2025 by Dennis Damp

Share

President Trump signed an Executive Order (EO) on March 27, 2025, that ended collective bargaining for agencies that perform intelligence, counterintelligence, investigative, or national security functions.  This impacts many Departments and agencies, including the VA, Department of Defense, and even the Department of Agriculture, to name a few. This is a significant change, and agency […]

Tags: , , , , , ,
Posted in

| Comments (0)

Displaced Workers and Security Clearances

Posted on Friday, 28th March 2025 by Dennis Damp

Share

Despite the overall uncertainty in the federal sector now, many in the national security workforce have, for the most part, been exempt from significant disruptions.  With few exceptions, most organizations, including those working in national security, will be included as Agency RIF and Reorganization Plans (ARRPs) progress.   Holding on to What You Got Federal […]

Tags: , , , , , , , ,
Posted in

| Comments (0)

How to Dramatically Lower Your Cable and Internet Costs NOW!

Posted on Friday, 21st March 2025 by Dennis Damp

Share

Most retirees and federal employees approaching retirement are concerned about rising cable and Internet costs, largely due to the cable companies’ decades-long monopoly. My monthly cable bill is currently $347.76, which is my largest utility bill. I wrote an article last year about cutting the cord, which focused on ways to reduce excessive cable bills, […]

Tags: , , ,
Posted in

| Comments (2)

Terms Of Use