A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...Your monthly retirement benefit is based on a formula that takes into account the income you earned in your 35 highest-earning years, adjusted for inflation. This means the benefit you'll receive is directly influenced by how much you earned throughout your career. That said, there are minimum benefit amounts to ensure that qualifying retirees receive..."
Article Excerpt: "...Social Security payments can be boosted by early withdrawals from workplace automatic individual accounts (auto-IRAs) early, says a new study..."
Article Excerpt: "... going to retire in a few years and I’m in a long-term relationship, but I’m not married. What are the pros and cons of marrying before or after retirement..."
Article Excerpt: "...For example, a person who claims Social Security after full retirement age is eligible for up to six months of retroactive benefits, payable in a lump sum. If you accept that lump sum, your monthly benefit is smaller. For the cyber crooks, the payout is huge if they use the ID of someone in that age range who isn't already collecting benefits..."