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The U.S. General Services Administration

This post will look at who the General Services Administration is, what kind of work they do, and how they benefit the federal government and American citizens. The mission of the GSA is to “deliver value and savings in real estate, acquisition, technology, and other...

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FERS Survivor Benefits: Should You Elect One?

A survivor benefit is designed to help a surviving spouse in the event you (the federal employee) passes away in retirement. The survivor benefits you elect determine how much your spouse will receive from your FERS pension if you pass away first in retirement. If...

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Military Reserve Technicians and Federal Disability Retirement

What is dual status and how can it affect federal disability retirement benefits? We currently have a client filing for federal disability retirement benefits and he works as a military reserve technician. Because he is what’s considered “dual status”, the rules are a...

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What is the FERS Special Retirement Supplement?

What is the FERS Special Retirement Supplement?

Proposed cuts to federal employee benefits and retirement are a common theme of late. One benefit that is in danger of being eliminated is the Special Retirement Supplement (SRS). What is the Special Retirement Supplement (SRS)? If you’re a FERS employee who plans to...

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What is the U.S. Government Accountability Office (GAO)?

Many blogs and articles posted on our website, as well as other sites regarding the federal government, have alluded to the Government Accountability Office (GAO). So, who are they? What is their primary role in the federal government? About GAO GAO is an independent,...

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What New Federal Retirees Should Know

Entering retirement can be full of unknowns; how much is your monthly annuity? Are taxes withheld? Will insurance continue? This post looks to answer some of the questions that are common for federal retirees, and more. First Payments For Retirees OPM begins to...

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A Chained CPI and What It Means for COLA’s

A new tax reform bill references a chained CPI and is bringing changes to most taxpayers. So, what is the chained CPI, what does it have to do with retirement income for a fed, and what does the new tax reform bill have to do with a chained CPI? Chained CPI A consumer...

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Federal Employees Dental and Vision Program (FEDVIP)

Dental and vision benefits are available to eligible federal and postal employees, retirees, and their eligible family members. Both dental and vision insurance can be purchased on a group basis which means competitive premiums and no pre-existing condition...

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Thrift Savings Plan–Taxes and IRS Withdrawal Penatlies

So far in this series, we have covered the basics of the Thrift Saving Plan, employee and agency contributions, the differences between Traditional and Roth TSP accounts, loans, in-service and post-separation withdrawals, and life annuities. This post focuses on taxes...

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Federal Employees’ Group Life Insurance

FEGLI is a benefit available to federal employees and may seem confusing if you don’t know much about your options. In most cases, you are automatically covered by Basic Life insurance unless you decline it. In addition to Basic, there are 3 forms of FEGLI Optional...

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