The service provides access for federal retirees and annuitants to manage their annuity payment information, federal and state tax withholding, tax forms, and other benefits
FERS (Federal Employees Retirement System)
Advantages and Disadvantages of FERS MRA+10 and MRA+20 Postponed Retirement
Federal benefits expert, Ed Zurndorfer, discusses a retirement option available to a FERS employee eligible for the MRA+10 or the MRA +20 immediate retirement. This option allows a FERS employee to avoid any reduction in their FERS annuity by opting for what is called a “postponed” retirement
Advantages and Disadvantages of FERS MRA+10 and MRA+20 Immediate Retirement
Federal benefits expert, Ed Zurndorfer, discusses the rules for a reduced optional retirement referred to as an MRA+10 or an MRA+20 FERS retirement. This type of immediate retirement allows an eligible FERS employee to receive an immediate annuity as early as the employee’s minimum retirement age and with as little as 10 years of FERS service
2021 TSP Annual Statements and 1099-R Forms Now Available
The TSP recommends all participants review the statements thoroughly to identify any errors or unauthorized activity
Understanding the Rules for FERS Disability Retirement – Part II
Federal benefits expert, Ed Zurndorfer, discusses a federal employee’s electing either a FERS disability retirement (which includes a FERS disability annuity) or receiving workers’ compensation benefits
Most Common Federal Retirement Application Errors
Federal employees nearing retirement are encouraged to review the data in order to lessen the possible delay in receiving their benefits
2022 Cost-of-Living Adjustment (COLA) Predicted to be 6.2%
If the projection holds until the official figure is determined in October, it would be the highest COLA increase since 1983
Legislation Would Change Social Security’s COLA Calculation
If passed, the Fair COLA for Seniors Act of 2021 would potentially increase cost of living adjustments for Social Security and other federal retirement programs to reflect rising costs for seniors
FERS Special Retirement Supplement May Be Reduced Due to Excess Earnings in 2019
Federal benefits expert, Ed Zurndorfer, provides an overview of the the FERS special retirement supplement, its earning test, and how to report earnings to the Office of Personnel Management. Practical examples are included.
Understanding FERS Disability Retirement – Part I
Federal benefits expert, Ed Zurndorfer, explains the complicated rules of qualifying and establishing eligibility for disability retirement for those covered by the Federal Employees Retirement System