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Home | News & Commentary

Federal Employee Benefits
News and Commentary

A collection of news, articles and commentary dealing with federal employee benefits and financial issues from other publications and social media sites.
The outgoing links below do not necessarily express the views of My Federal Retirement.

When Should You Start Receiving Social Security?
At what age should you apply for Social Security to get the maximum benefit? . . . more
How to Avoid Delays in Your Federal Retirement Processing
Federal employees contemplating retirement should take these steps now to prevent long delays in annuity checks and other benefits . . . more
The Federal vs. Private Sector Pay Gap Needs Objective Review
August 22, 2010
"Federal personnel chief John Berry declared in June that the government's official estimate that federal employees are paid 22 percent less on average than their private-sector counterparts lacks credibility. He was right and he promised to bring in outside experts to study the way the government calculates the pay gap. But he didn't. Instead he has backed away from his own criticism and has done nothing..." . . . more
Misunderstandings Are Rampant on Health Care Reform and Medicare
A new national poll reveals that many adults over age 65 are misinformed or confused about the impact of the new law on their Medicare benefits, physicians and the federal budget deficit. Retirement expert, Mark Miller, discusses some of the important improvements in Medicare coverage . . . more
1.4% Federal Employee Pay Raise Passes Senate Committee
July 30, 2010
An appropriations bill including a 1.4 percent raise for civilian federal employees cleared the Senate Appropriations Committee on Thursday -- the same figure President Obama proposed in his 2011 fiscal budget last February . . . more
When NSPS Ends, Many Will Only Get Half Pay Raises
August 3, 2010
When the Department of Defense's National Security Personnel System is put to rest, more than 20 percent of the survivors will be limited to half pay raises for the next couple of years . . . more
Facts and Myths: Taxing Health Premiums, FSAs
"Is it true that the intent of the new [health care reform] law is to discourage or eliminate what you have previously referred to as 'cadillac health plans' by taxing them out of existence?" . . . more
How the Government Funds the Federal Employees Retirement System
July 21, 2010
Most federal employees and retirees probably don't think too much about how the government funds the Federal Employees Retirement System. But recent changes are exposing just how complicated the sausage-making is . . . more
House Leaders in Both Parties Consider Raising Social Security Retirement Age
July 13, 2010
In a rare departure from this year's intense political posturing over the soaring budget deficit, House leaders of both parties recently signaled that they are prepared to tackle a leading long-term liability -- Social Security -- by raising the retirement age . . . more
How to Maximize Your Social Security Benefits
Maximizing your Social Security benefits will require some good planning and decision making. The most important decision you'll make is when to enroll . . . more
6 Things Retirement Calculators Get Wrong
A recent study says many popular online retirement calculators have serious flaws. These potential hazards could lead to serious miscalculations when you're plotting your financial future. Here are six highlights of the best calculators and what to watch out for . . . more
How to Shop for a Medicare D Plan
Medicare Part D plans are used to limit out-of-pocket expenses on prescription drugs. Retirement expert, Mark Miller, of RetirementRevised.com provides some shopping tips for choosing a Medicare D insurer . . . more
Next December's Retirees COLA Increase Estimated at 0.1%
March 16, 2010
After getting no COLA in military and federal civilian retired pay, veterans' disability compensation and Social Security last December because of the weak national economy, congressional economists are estimating the Dec. 1, 2010, pay adjustment is going to be 0.1 percent . . . more
Federal Retirement Buyout Rumors
March 10, 2010
"If you haven't heard about a pending early retirement/buyout/layoff plan being cooked up by Uncle Sam, either you haven't been listening, or you've been a fed for a long time and have heard this before. Many times." . . . more
A Look at Estate Planning for Federal Employees
March 5, 2010
Federal benefits counseling, financial planning and estate planning are all important elements of preparing for retirement, but they require separate and distinct areas of expertise . . . more
Why Some Federal Employees Avoid the TSP Annuity Withdrawal Option at Retirement
February 26, 2010
An examination of why some federal employees at retirement choose the TSP's annuity option -- but many avoid it . . . more
How to Cut Your Debt Before You Retire
When it comes to planning for retirement, you should also focus on cutting debt, not just savings. . . . more
Federal Retirees $250 Tax Credit
January 15, 2010
If you are a retired federal or postal worker you may be eligible for a $250 credit toward your 2009 federal tax bill . . . more
Should You Carry a Mortgage Into Retirement?
December 15, 2009
Retirement expert Mark Miller provides some insight on this in light of the new economic conditions . . . more
10 Steps to Disaster-Proof Your Retirement Years
While the recent recession has grabbed everybody's attention, there are additional risks that need to be addressed for retirement. This article provides 10 practical steps to disaster-proof your retirement years . . . more

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Featured Columnist
Read articles written by federal benefits expert and Certified Financial Planner, Edward Zurndorfer

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