Federal employees receive a retirement benefit package that includes a pension, a tax-advantaged savings plan and Social Security. But many do not fully understand how these benefits work, and that ...

With additional education, broader allocation strategies may enter the conversation, allowing individuals to evaluate how ...

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 investment plan similar to 401 (k) ...

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 ...

Scott Kupor, President Donald Trump's nominee to be director of the Office of Personnel Management, speaks during a hearing with the Senate Committee on Homeland Security and Governmental Affairs on ...

Retired federal workers will see their defined benefit pension payments increase slightly next year, though by how much depends largely on when they were hired. The Social Security Administration ...

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 ...

Federal employees enrolled in the civil service retirement system (CSRS) may be eligible for Medicare and federal employee health benefits (FEHB) if they paid Medicare taxes. The CSRS is a federal ...

When the Social Security Administration (SSA) finally announced the Cost of Living Adjustment (COLA) for 2026—a respectable 2.8% increase—it was a positive signal for tens of millions of Americans.

The U.S. Postal Service said Thursday it has informed federal budget officials it will temporarily suspend its employer ...