Is Working after Retirement Worth the Costs?

Title: Is Working after Retirement Worth the Costs?

Article Snip: "...because the SRS (in this case) is treated the same as a Social Security benefit, it can be reduced or eliminated if you exceed the earnings limit. The limit for earnings before impacting either SSA or SRS payments is $17,040 in 2018..."

Reference: www.fedsmith.com
Social Security Earnings Limit, Social Security special retirement supplement (SRS), CSRS vs FERS,

COLA's: Another FERS Disadvantage (Lower COLA's and Age Delayed)

Title: Federal Annuity and Benefits

Article Snip: "...FERS and FERS Specials Cost-of-Living Adjustments are not provided until age 62, except for disability, survivor benefits, and other special provision retirements. FERS disability retirees get the adjustment, except when they are receiving a disability annuity based on 60 percent of their high-3 average salary. Also, under FERS, if you have a CSRS component, the component is subject to the CSRS COLA calculation. FERS survivors receive the FERS increase on their entire annuity, even where component service is involved..."

Reference: www.opm.gov
CSRS vs FERS, COLA,

For American Workers, 4 Key Retirement Issues to Watch in 2019

Title: For American Workers, 4 Key Retirement Issues to Watch in 2019

Article Snip: "...It’s going to be a busy year in Washington and state capitals for policymakers working to improve the retirement security of millions of Americans. Savings Plans, Saving One Million Pensions, Protecting Investors From Conflicted Advice, Expanding Social Security ..."

Reference: www.nytimes.com
Social Security, Pensions, Investing, Savings,

The Middle Class Retirement Nightmare

Title: The Middle Class Retirement Nightmare

Article Snip: "...Like a squirrel that hasn’t saved against approaching winter… 80% of American workers have under one year’s salary salted away for retirement. This we learn from a recent report issuing from the National Institute on Retirement Security..."

Reference: dailyreckoning.com
Middle Class Retirement

For first time ever, military's Tricare will have open enrollment similiar to civilian health insurance

Title: For first time ever, military's Tricare will have open enrollment similiar to civilian health insurance

Article Snip: "...For the first time, those using Tricare can take part in an open enrollment season akin to civilian healthcare, allowing users to change or keep their current plan. In addition, military retirees will no longer receive dental benefits through Tricare, but will be able to obtain..."

Reference: www.tampabay.com
Tricare, dental benefits through Tricare, Tricare Prime, dental and vision policy,

The Social Security Retirement Age Increases to 66.5 in 2019

Title: The Social Security Retirement Age Increases to 66.5 in 2019

Article Snip: "...Here's a look at how the retirement age is changing, and what this means for your retirement payments. An older Social Security full retirement age. The full retirement age used to be 65 for those born in 1937 or earlier. Those born between..."

Reference: usnews.com

More Reading: How the federal government makes sure you wont get much in Social Security. For example, the U.S. life expectancy for a white male in Alabama is 73.36 and the new Social Security age is 66.5. So if you are lucky enough to live until your are 73.36 you will collect Social Security for approximately 7 years. Now that's a real ponzi scheme!