Tuesday, January 27, 2015

Republicans trying to ensure Social Security Disability Insurance (SSDI) runs short of money in less than two years

Republicans want you to think Social Security has a funding problem. Don't believe them.

Article Excerpt: "...What he doesn't mention is that the regular Social Security fund won't come up short until 2034. Plugging the holes in SSDI would advance that date by only about one year, since SSDI is only a small fraction of the overall program...."



Resource: theweek.com

Monday, January 26, 2015

Retiree info exposed in OPM website glitch: Allowed users access to other retirees' personal information

Retiree info exposed in OPM website glitch

Article Excerpt: "...A glitch in the system allowed retirees logging in to the portal Monday morning to gain access to the personal accounts of other users...."



Resource: www.federaltimes.com

Friday, January 23, 2015

You need to understand FERS – inside and out

Maximizing Retirement Benefits and Perks for Federal Employees

Article Excerpt: "...Whether you just retired or are planning on doing so in the near future, you need to understand FERS – inside and out. Overlooking details can cause you to miss out on some of the great benefits afforded to you. ..."



Resource: www.fedsmith.com

Wednesday, January 14, 2015

Federal Employee Taxes: What will you face in retirement?

Taxes Federal Employees Will Face in Retirement

Article Excerpt: "...When a federal employee has retired, income taxes do not go away, they just change somewhat. Federal pensions, Social Security and distributions from the Thrift Savings Plan are all taxable to some extent. - See more at: http://www.fedsmith.com/2015/01/13/taxes-federal-employees-will-face-in-retirement/#sthash.fYBwQsCU.dpuf..."



Resource: www.fedsmith.com

Taxes in retirement

Saturday, January 10, 2015

Social Security Q&A: Would Either Widow's or Retirement Benefits Be Greater than Child-in-Care Spousal?

Social Security Q&A: Would Either Widow's or Retirement Benefits Be Greater than Child-in-Care Spousal?

Article Excerpt: "...There are three benefits involved here: your mother’s benefit (the survivor’s benefit you are now collecting based on having a disabled child in your care), your widows benefit, which exceeds your mother’s benefit, but will be reduced if you take it before full retirement age (66 in your case), and your own retirement benefit..."



Resource: www.forbes.com