You did it! You completed your federal career and have transitioned into retirement. A hearty congratulations are in order. You worked hard, and now a new journey begins. With that journey comes a few decisions about your benefits. The topics below cover the main...
Determining Retirement Qualifications Monthly Annuity Pension Your FERS or CSRS monthly annuity is also referred to as your pension. It’s the first of three paychecks that make up your retirement income. Your pension is determined by your paycheck and years of service...
When determining your FERS pension, you will need to calculate your High-3 Salary is a very important part of your FERS pension calculation. Your High-3 Salary is the highest average of BASIC pay you earned during any 3 consecutive years of Federal service. Your...
From Hired to Retired: Your Federal Career Roadmap How to Navigate Benefits in Your New Career When you begin a new career, you have several decisions that need to be made regarding your benefit. Oftentimes, these decisions can have a huge impact on your future. In...
Content adapted from material by Soeren Svendsen Annuity Reserve. What do annuities have to do with the greatest major league baseball player of all time? The Babe took advantage of one of the greatest solutions to protecting retirement income – annuities. In...
If your goal is to leave your TSP balance to your beneficiaries after you pass away you may be wondering how the Required Minimum Distribution affects their inheritance. Once you reach the age of 72 and are separated from federal service, your Thrift Savings Plan...
