When Do I Begin Receiving the FERS Annuity Supplement?

Title: When Do I Begin Receiving the FERS Annuity Supplement?

I just received my first interim FERS payment. When can I expect to begin receiving the supplement?

Article Snip: "...so when will I see the supplement? You will only begin receiving the Annuity Supplement when your..."

Reference: www.fedsmith.com
FERS Annuity Supplement

Four Rules for Picking a Retirement Date

Title: Four Rules for Picking a Retirement Date

Article Snip: "...there are some rules for picking a date that are handy to know. Rule No. 1: Look at the..."

Reference: www.govexec.com
Picking a Retirement Date

How COVID-19 Has Impacted Retirement Savings

Title: How COVID-19 Has Impacted Retirement Savings

Article Snip: "...About one-third of Americans who planned to retire say it will now happen later because of the pandemic, CNBC reported last week, citing a study from Age Wave and Edward Jones. Roughly 14 million stopped contributing to their monthly retirement accounts, with many struggling Americans needing to use that money for essentials instead. The situation has gotten even murkier in recent months..."

Reference: yahoo.com

Life Insurance Premiums Are Changing

Title: Life Insurance Premiums Are Changing

Article Snip: "...Rates are going up for Basic, and in some cases for the optional forms of insurance too. In other cases, they’re staying the same or being reduced. These changes reflect updated mortality and claims rates in each FEGLI category. The legislative structure of FEGLI assumes that premium rates are set for each age band independently of the other bands so that each band is financially self-supporting. The government pays one third of the premium cost for Basic and the employee pays two thirds. The employee or retiree pays the full cost of optional insurance..."

Reference: www.govexec.com