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Age and Service Requirements for FERS Retirements

There are many different types of retirements under the Federal Employees Retirement System and each has its own set of rules and requirements for you to be eligible for retirement. **This post will focus on the mainly just the age and service requirements for each...

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Why You Shouldn’t Take a TSP Loan

Your Thrift Savings Plan account is where you can save the easiest for your retirement. And for some federal employees, this account balance can be quite large. It may seem enticing to dip into this account if you’re in need of extra money or to put a down payment on...

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What is Your FERS Military Deposit Worth in Retirement?

Having active duty military service and an honorable discharge may help you receive more money each month and reduce the number of years you must work to become eligible for retirement. How to Increase Your FERS Pension with Military Service A provision in the Federal...

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Numbers You Should Know About if You Want to Retire

There are a lot of important numbers surrounding retirement that you should be aware of. A lot of thought and planning goes into retirement as your choices will set you up for the rest of your life. A couple of things could happen: You’re mentally, and maybe even...

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Good News if You’re a Federal Employee Who Has Relocated

The General Services Administration has issued guidance that will reimburse federal employees who relocated for the job and were forced to pay hundreds or thousands in moving expenses. The regulations apply to all federal employees who qualified for relocation...

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Retiring at age 61 or 62…What’s the Difference?

Deciding when to retire can sometimes be a difficult decision. Your age, years of service, and your own personal situation come into play. Waiting until age 62 seems to be the norm for most, but is it really so costly if you retire at age 61, assuming you’re eligible...

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Executive Order Signed to Boost Military Spouse Hiring

President Trump signed an executive order calling on federal agencies to better recruit military spouses, also tasking agencies with developing new strategies to remove barriers to spousal employment. The order doesn’t create new hiring incentives but says agencies...

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Is a Refund on Your Retirement Deductions Worth it?

If you separate from federal service before you’re eligible to retire, you may be able to receive a refund on your retirement contributions until you are able to receive a deferred annuity. Although, there could be repercussions to doing so. To be eligible, you must:...

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Will You Have FEHB Coverage in Retirement?

You may be covered under the Federal Employee Health Benefits Program while you’re working in your federal position, but do you know if you’ll still be covered once you retire? The eligibility requirements are straightforward, however, it’s important to fully...

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How Do You Chose the Correct Survivor Annuity?

When faced with retirement, whether voluntary or disability, you must ask (and answer) many questions. One of them, and maybe an unpleasant one, is “Which survivor annuity should I elect?” It may help to think of a survivor annuity like life insurance. The purpose of...

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