We all love the idea of retiring early, or at least as soon as possible. Maybe at age 55 or 60. But what about the idea of retiring as early as 45? Is that even possible, or a good idea? Before going all-in on this idea of retiring at 45, carefully consider some of...
Federal Disability Retirement
How Much Does Federal Disability Retirement Pay?
Who qualifies for Disability Retirement? If you are a disabled civilian federal worker in either the Civil Service Retirement System (CSRS) or Federal Employees Retirement System (FERS) or a Postal Service employee, you may qualify. You do not have to have a work...
OPM Denied My Federal Disability Retirement Application, Now What?
Question of the Week: If OPM Denies My Disability Retirement Application, Do I Get Another Chance? A: If OPM denies your application for disability retirement, you may feel disappointment and discouragement. However, if you get an initial denial, you can request a...
How Do Life Events Affect Your Annuity and Benefits?
Life events are anything that essentially changes your status; marriage, divorce, the death of a spouse, even reemployment. This post will look at how each one of these can affect your retirement annuity and benefits. It will also only focus on those covered under...
How To Know If You’re Eligible for Federal Disability Retirement
Federal disability retirement is different from other types of retirement under FERS in that it isn’t based on age and years of creditable service. Regular, early, and deferred retirements all require you to be of a certain age with a certain number of years of...
What You Should Know About Furloughs and RIFs
With President Trump’s first budget proposal, deep cuts in specific agencies could happen. This means furloughs and RIFs may happen. So, what should you expect if you find yourself on the receiving end of one of these? Furloughs You won’t get separated from your...
Federal Retirement Planning: From 5 Years out To Application
Planning for retirement should begin as early as possible. It’s never too early, this post will look at what to do when planning for retirement whether you're five years out, or ready to apply for retirement now. Knowing the deadlines and requirements will greatly...
FERS Retirement: Special Provisions, Deductions, and Calculations
Under the Federal Employees Retirement System (FERS), there are four types of retirement; voluntary, early, deferred, and disability. Previous posts have looked at the eligibility requirements and annuity computation. Voluntary, Early, and Deferred Retirement...
It’s Never Too Early to Begin Planning for Retirement- One year out
Planning for retirement should begin as early as possible. It’s literally never too early, this post will look at what to do one year before retirement. Knowing the deadlines and requirements will greatly reduce stress as you move into this phase of your life....
Special Provisions for Each Type of Retirement
Under the Federal Employees Retirement System (FERS), there are four types of retirement; voluntary, early, deferred, and disability. We have looked at the eligibility requirements and annuity computation for each. This post will focus on the special provisions under...
It’s Never Too Early to Begin Planning for Retirement- 5 years out
Planning for retirement should begin as early as possible. It’s literally never too early. Knowing the deadlines and requirements will greatly reduce stress as you move into this phase of your life. Contributing to a Thrift Savings Plan as early as possible is...
Annuity Computation for Retirement Under FERS
Under the Federal Employees Retirement System (FERS), there are four types of retirement; voluntary, early, deferred, and disability. Last week we looked at the eligibility requirements for each of these retirements. This post will focus on the annuity computation for...
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