Friday, August 31, 2012

Retirement Planning Tips

Title: 10 Ways to Maximize Your Federal Benefits In The Middle of Your Career

Article Snip: "...it’s never too early to start thinking about how to prepare. It is even more important to make sure you’re doing the right things now, since there is still time to make a meaningful impact. You may even find that your eventual retirement does not have to be as far away as you thought...."

Reference: www.fedsmith.com

Saturday, August 25, 2012

Special Retirement Supplement (FERS Supplement) Fact Sheet

Title: Special Retirement Supplement (FERS Supplement) Fact Sheet

Article Snip: "...The special retirement supplement (also known as the FERS supplement) is unique to FERS. It substitutes for the Social Security part of your total FERS benefit until age 62, when most people become eligible for Social Security. The purpose of the supplement is to provide a level of income before age 62 similar to what you will receive at age 62 as part of a Social Security benefit... The eligibility requirements are..."

Reference: Federal Retiree
FERS Special Retirement Supplement, Social Security special retirement supplement, Social Security special retirement supplement (SRS),

Thursday, August 23, 2012

Federal retirees learn student-debt can be docked from Social Security

Title: Feds Dock Social Security for Unpaid Student Loans

Article Snip: "...thousands of retirees are learning that defaulting on student-debt can threaten something that used to be untouchable: their Social Security benefits...

According to government data, compiled by the Treasury Department at the request of SmartMoney.com, the federal government is withholding money from a rapidly growing number of Social Security recipients...
"

Reference: socialsecuritynewsgroup.blogspot.com

Friday, August 10, 2012

Medicare part B and FERS retiree

Title: FERS retiree and Medicare part B

Article Snip: "...I was 50. I elected survivor benefits for my spouse, who is 14½ years older than I am. She was 64 when I retired. I elected to remain in FEHB. Additionally, I did not stop working, as I took a job with a private firm before my retirement date and had medical benefits with that firm, in addition to my FEHB coverage. When my spouse was eligible to receive Medicare Part B ..."

Reference: federaltimes.com