The following is a question submitted by a reader to Federal Times columnist Reg Jones, a charter member of the senior executive service and the resident expert on federal employee retirement issues. ...
"I was hired into full-time federal service in 2011 and worked until 2022 under the FERS retirement contribution system (contributing 0.8% of my pay toward my FERS pension). If I return to federal ...
It was replaced in 1987 by the Federal Employees Retirement System (FERS), but employees who were originally set up through the CSRS still receive their benefits through that program, unless they ...
Most of our clients choose this option. 4. FERS (Federal Employees Retirement System) Pension: Working Until Age 62 I once had a client who was a federal employee and was looking to retire at age 61.
If you’re eligible for a pension from the Federal Employees Retirement System (FERS), there’s an even more compelling reason to choose the joint-and-survivor option, says Wes Battle ...
Federal Employees Retirement System (FERS)/ Federal Employees Retirement System-Revised Annuity Employees (FERS-RAE): Federal employees are generally enrolled in either FERS or FERS-RAE. FERS is a ...
Learn how and where to save to fund your retirement. Use 401(k)s, traditional and Roth IRAs, HSAs, and other tax-advantaged accounts strategically and set the financial goals you need to establish ...