With updates to the FEHB program and new requirements for certain retirees, it’s more important than ever to understand how FEHB and Medicare work together.
It is that time of the year when many federal employees as well as retirees must make some important decisions regarding their federal retirement and insurance benefits. I thought it might be a good ...
If you are retiring at the end of 2024, you may have already completed and submitted your retirement applications and have begun counting down the days until your life after retirement begins.
Background: FERS Annuity Supplement Most federal employees are covered by FERS which is made up of three components: (1) Social Security benefits, (2) a Thrift Savings Plan (a retirement savings and ...
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Federal retirement at risk as Trump's 'Big Beautiful Bill' cuts FERS annuity supplement
The 'One Big Beautiful Bill' introduced by President Donald J. Trump has stirred significant concern among federal employees. This legislation, known as H.R. 1, proposes the elimination of the FERS ...
A federal employee with 30 years of service and a $90,000 high-3 average salary receives only $27,000 annually under FERS—30% of pre-retirement income—because the formula pays just 1% per year of ...
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