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Are There Pitfalls to Retiring Really Early?

Are There Pitfalls to Retiring Really Early?

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...

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Why Federal Employees Aren’t Quick to Leave Federal Service

Why Federal Employees Aren’t Quick to Leave Federal Service

Over 2.2 million civilian employees work in the federal government. A 2016 survey conducted by the Government Business Council found that 14 percent of federal workers said they would leave the government and 11 percent said they “may” leave if Donald Trump became...

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How Social Security May Play a Role in Retirement

How Social Security May Play a Role in Retirement

The Federal Employees Retirement System has three parts; pension, Thrift Savings Plan, and Social Security. We all want to retire as early as possible, but do you know how possibly retiring early can affect the Social Security part of your pension or all of it? You...

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How Much Does Federal Disability Retirement Pay?

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...

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OWCP Workers’ Compensation vs FERS Disability Retirement

OWCP Workers’ Compensation vs FERS Disability Retirement

People are often confused about the difference between Workers’ Compensation and OPM FERS Disability Retirement. That makes sense. These programs can be confusing to tell apart but understanding the differences can help you figure out which one would be best for you. 

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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...

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What Happens to Your Benefits if You Leave Federal Service?

People leave jobs all the time, for various reasons. Those who work in the federal government are no different. As with any job move, you must think about health insurance, 401k, annual leave, etc. While leaving federal service requires you to think about these as...

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Can Unions Protect Their Members During Agency Reforms?

The Office of Management and Budget has directed agencies to submit a “near final” version of their reform plans by June 30. Included in this is a progress report on workforce reduction and a proposal to “maximize employee performance”. Then in September of this year,...

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