Learning About Your Thrift Savings Plan
Learn about your TSP options, such as Traditional TSP or TSP Roth and also how to access your TSP.gov account.
Social Security Facts
a list of things you need to know about Social Security:
Social Security Earnings Limit
When you reach full retirement age, according to the year in which you were born, there are no limits as to how much money you can earn, and still receive all of your Social Security benefit
How Social Security Benefits Are Paid
Payment of Social Security Benefits We are continuing our discussion of Social Security. Let’s move right into discussing how benefits are paid. This subject should be of particular interest to FERS workers given their retirement plan includes Social Security. There may also be CSRS employees who worked outside of the Federal service and qualify for Social […]
Windfall Elimination Provision (WEP)
The Windfall Elimination Provision applies to federal workers if they reached age 62 after 1985 or became disabled after 1985.
Government Pension Offset (GPO) Reduction
In a recent post we mentioned Government Pension Offset (GPO) and gave a definition with the promise of giving more details in a later post.
Social Security Calculator
Understanding the federal retirement systems can sometimes be complex to say the least. Yet, it is information we really need to breathe in and understand. Knowledge is power and we all want the power to live in retirement on our own terms. Did you know that there is a formula for calculating your Social Security […]
Social Security: Calculating Benefits
Your Social Security benefit is based on your earnings over your entire work career. Your benefit amount is also based on the age you begin receiving retirement benefits. The earlier you start receiving benefits, the lower your payment will be.
Social Security – Earning Credits
The number of credits you need to qualify for benefits actually depends on the year you were born. For example, if you were born in 1929 or later, you need 40 credits to qualify for eligibility.
Social Security – Background
~~SOCIAL SECURITY-BACKGROUND As we continue building our laundry list of things we need to know and do in order to prepare to retire well, Social Security is a major item on our list. The Social Security Act was signed on August 14, 1935 some 15 years after the Civil Service came into being on August […]
