With a Social Security System that has nearly 3,000 filing rules, hundreds of potential filing strategies and a government workforce prohibited from dispensing advice to its citizenry (including its own workforce retirees), it’s more important than ever as a government career employee to retire with a careful, well-planned and solid retirement plan. Social Security, when … Read more
CSRS (Civil Service Retirement System) and FERS (Federal Employees Retirement System) retirees are eligible to collect Social Security under certain circumstances. While FERS retirees receive Social Security benefits, CSRS retirees may receive benefits if they worked 40 quarters, 10 years in the private sector. CSRS retiree benefits can be subject to reduction by either GPO … Read more
The Federal Employee Group Life Insurance program is the largest group life insurance program in the world, covering over 4 million federal employees, retirees, and their family members. Quite a few of those covered employees don’t truly understand what they have in coverage and what their options are. They signed up for whatever options sounded … Read more