How to Navigate Taxation When Retiring From Your Government Job

Title: How to Navigate Taxation When Retiring From Your Government Job

Article Snip: "...High-three average salaries are used for the first basic annuity when considering retirement. If you are under the age of 62 at the time of retirement, you will get 1% of your high-3 average salary. If you’re older than 62 or have more than 20 years of service, you will get 1.1% of your high-3 average salary. There are exceptions to these general guidelines. For example..."

Reference: www.kake.com

Nalcrest Florida and The Former Fedhaven Florida (Retirment Communities for Feds and Postals)

Title: Nalcrest Florida and The Former Fedhaven Florida

Article Snip: "...All residents of this community have to be retired members of the National Association of Letter Carriers. A funny thing about NALCREST is that mail is not delivered to individual apartments; residents have to walk to the local post office to get their mail. Nearby Lakeshore was called FEDHAVEN for most of the years since it was built. It is about one mile east of NALCREST and was developed as a retirement community for retired federal employees..."

Reference: www.florida-backroads-travel.com
Nalcrest Florida, Fedhaven Florida, Postal Retirement Community, Federal Employee Retirement Community,

Lessons Learned Growing a TSP Balance Beyond $1M

Title: Lessons Learned Growing a TSP Balance Beyond $1M

Article Snip: "...FERS retiree and one of those TSP investors who have accumulated at least $1,000,000 in their TSP account while working as a federal civilian employee. In his article published February 28, 2020 in FEDweek (Becoming a TSP Millionaire: Don’t Try to Time the Market) Dallen Haws noted that “becoming a TSP millionaire is simple” and that at the end of 2019 there were nearly 50,000 federal employees with at least $1,000,000 in their TSP. I’d like to share with you..."

Reference: www.fedweek.com
TSP Millionaire Tips

5 Benefits of Serving in the Civil Service After Your Military Career

Title: 5 Benefits of Serving in the Civil Service After Your Military Career

Article Snip: "...Joining the federal civil service is a great way to continue serving your country while earning a respectable living and valuable retirement benefits. And if you formerly served on active duty, your military service can provide you with additional benefits..."

Reference: www.military.com

Pandemic prompts some feds to delay or reconsider retirement plans

Title: Pandemic prompts some feds to delay or reconsider retirement plans

Article Snip: "...A total of 92,008 federal employees retired in 2020, the fewest in nearly 10 years, according to a Federal News Network analysis of monthly data from the Office of Personnel Management. By contrast, OPM processed 101,580 retirements in 2019 and 107,612 in 2018..."

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