16 Things Seniors Born Between 1941-1969 Could Take Advantage Of
While currently the Social Security Administration is evaluating how to implement the new law repealing Social Security’s Windfall Elimination Provision and the Government Pension Offset, here’s what federal employees, retirees and spouses should know (and do) now. Includes online tool to estimate how much of their Social Security benefits have been — or would be reduced — due to the WEP and GPO more…
CSRS (Civil Service Retirement System)
Bill to Repeal Social Security’s WEP, GPO Signed Into Law
Bipartisan legislation repealing the WEP and GPO was signed into law yesterday. The Social Security Administration says it is evaluating how to implement the law. The WEP and GPO provisions reduced or eliminated Social Security benefits for those who are covered by a government (federal, state or local)-sponsored guaranteed pension plan, such as federal employees who are covered by the Civil Service Retirement System (CSRS). more…
Considerations for Lump Sum Annual Leave Payment When Retiring at End of Year
Many federal employees retire at the end of December or early January before the start of a new leave year in order to maximize their lump-sum payment for unused annual leave hours. Ed Zurndorfer presents a comparison of two retirement dates for an employee retiring at the end of leave year more…
Advantages for Federal Employees to Work in the Private Sector After Retiring
Ed Zurndorfer examines some of the advantages for those federal employees who choose to work in the private sector after retirement from federal service more…
Options for Federal Employees Who Leave Federal Service Before Eligible for Retirement
Ed Zurndorfer discusses the options for CSRS- covered and FERS -covered employees who leave federal service before becoming eligible for any type of retirement, including requesting a refund of retirement contributions and rolling over rollover the refund payment to an IRA a qualified employer-sponsored retirement plan more…
How to Avoid the Biggest Mistakes in Making Beneficiary Designations
A complete and comprehensive estate plan includes properly filled out beneficiary designation forms. Ed Zurndorfer discusses what federal employees need to consider in avoiding the 10 biggest mistakes in making their beneficiary designations more…
How to Deal With OPM’s Delay in Retirement Application Processing
Delays in receiving your first full FERS or CSRS annuity check can be 3-10 months. Ed Zurndorfer, provides a checklist of how to expedite your retirement application — plus practical tips on how soon-to-retire employees should prepare for a possible cash flow problem during the early months of retirement more…
How Social Security’s Windfall Elimination Provision Affects Some Federal Retirees
Ed Zurndorfer explains how the WEP works, and who is affected by it. Practical examples are included more…
10 Important Actions for Federal Employees Planning to Retire
Your retirement date often comes sooner than you may have had a chance to fully prepare. Ed Zurndorfer outlines the most common areas that need to be addressed by federal employees who plan to retire within the next few years more…
Understanding the CSRS Voluntary Contribution Program
Ed Zurndorfer discusses the CSRS Voluntary Contribution Program including an overview, CSRS/CSRS Offset employee eligibility requirements, filing an application, contributions and how they are made, limits on contributions, and withdrawal options more…