fbpx

Posted on Saturday, 17th August 2019 by Dennis Damp

Share

On September 15th the TSP will implement new withdrawal options for all participants. I published an article last March titled TSP Changes & Required Minimum Distributions (RMDs) discussing the pending changes and how RMDs will be handled under the new rules. Request a  Federal Retirement Report™  today to review your projected annuity payments, income verses expenses, FEGLI, […]

Posted in

| Comments (0)

Posted on Friday, 21st June 2019 by Dennis Damp

Share

I receive many queries from FERS employees asking the question; When can I retire?  They aren’t sure what they would be entitled to and when they can start collecting their pension. A number of options are available depending on your years of service and age at the time you wish to leave. Request a Personalized […]

Posted in

| Comments (0)

Posted on Sunday, 26th May 2019 by Dennis Damp

Share

This December I’ll be retired 15 years! Seems like yesterday when I walked out the door with my good friend Nick Trush. The two of us returned to Pittsburgh’s Air Traffic Control Tower a number of times over the years to catch up with old friends. The ability to retire at 55 is a huge […]

Posted in

| Comments (0)

Posted on Saturday, 30th March 2019 by Dennis Damp

Share

Federal employees have been waiting for months to receive their 1.9% pay raise. Agencies are now processing back pay retroactive to the beginning of the year and the updated 2019 pay charts are available online for your review. We are currently in pay period 7 that ends April 13. When your agency’s payroll office processes the […]

Posted in

| Comments (0)

Posted on Friday, 15th March 2019 by Dennis Damp

Share

Jodi recently emailed me suggesting that most Life Insurance companies emphasize what coverage they provide including accidental death and dismemberment. She was searching for a general policy statement other than simply the costs associated with each type of coverage. She wanted to know about dismemberment and accidental death coverage, the exact coverage she was paying […]

Posted in

| Comments (0)

Posted on Saturday, 12th January 2019 by Dennis Damp

Share

OPM issued a FACT SHEET covering the impact on federal employee benefits and pay as a result of the government shutdown. The following excerpt explains the impact on employee’s pay and benefits. FACT SHEET:  Pay and Benefits Information for Employees Affected by the Lapse in Appropriations Request a  Federal Retirement Report™  today to review your projected annuity […]

Posted in

| Comments (0)

Posted on Friday, 21st September 2018 by Dennis Damp

Share

I presented a briefing last week for the Employee’s Retirement Club at the Food and Drug Administration (FDA) last week at the invitation of the group’s chairperson, Esther Wang. We discussed a number of topics including FEGLI, Long Term Care, and Medicare signup. There was some confusion about the ability to defer Part B premiums […]

Posted in

| Comments (6)

Posted on Friday, 8th June 2018 by Dennis Damp

Share

When you require information about your benefits and retirement planning you need resources at your fingertips to make informed decisions FAST. OPM does have a comprehensive site, http://www.opm.gov, that you can search and find abundant information, however it is often difficult to locate what you are looking for. Plus they don’t offer advice such as […]

Posted in

| Comments (0)

Terms Of Use