Sunday, November 20, 2022

Government Assistance Programs for the Retired/Elderly That May Help Suffering Caused by Huge Inflation in America in 2022

Government Assistance Programs for the Retired/Elderly

Article Excerpt: "Seniors do not have to wait until they are over 65 to tap into financial assistance. You can start at any age as most programs target help to households with low incomes. ..."



Resource: www.growingfamilybenefits.com

Inflation 2022,Biden Legacy, Government Assistance Programs for the Retired/Elderly,

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Tuesday, November 15, 2022

Bill Would Give Equal COLA to Both FERS and CSRS Federal Retirees

Bill Would Give Equal COLA to Both FERS and CSRS Federal Retirees

Article Excerpt: "...Lawmakers will face a jam-packed schedule over the coming weeks as they rush to pass a series of bills required to keep government functioning. In addition to those must-pass measures, Congress could look to usher through high-priority items that have gained momentum but previously failed to get over the finish line. That could include a Social Security fix to boost benefits to some federal retirees and tightening the restrictions lawmakers face in trading stocks. ..."



Resource: www.myfederalretirement.com



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Thursday, November 3, 2022

White House shamed into deleting Social Security boast after Twitter fact-check

Completely out-of-touch with reality: Biden boastful on his huge inflation increase. Brags on Social Security increase that puts retirees even further behind economically with manipulated COLA formula that keeps the largest voting demographic age-group at poverty level in retirement. No sign of an actual increase with the exception of the COLA that under reports true inflation. On the otherside, Republicans want to lower Social Security to 'stabilize' it.

White House shamed into deleting Social Security boast after Twitter fact-check

Article Excerpt: "The Biden administration was forced to delete a Twitter post taking credit for a boost in retirees’ Social Security checks Wednesday after social media users pointed out the increase was tied to decades-high inflation. ...“The increase is adjusted upwards because cost-of-living has gone up. They are literally taking credit for record high inflation. "



Resource: nypost.com

Inflation, Erosion of Social Security Benefits Due to Formula That Skews True Inflation Numbers, Destruction of Retirees,

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Special Considerations for Crediting of Military Service in Federal Retirement

Special Considerations for Crediting of Military Service in Federal Retirement

Article Excerpt: "When they retire, most federal civilian employees who are receiving retired military pay have to decide whether to keep that pay or waive it and have those years of military service credited in their civilian annuity computation. However, there are two groups of employees who are eligible to continue receiving military retired pay and have that time credited in their civilian annuity. * if you are..."



Resource: www.fedweek.com



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15 Tips for Those Within 10 Years of Retirement

15 Tips for Those Within 10 Years of Retirement

Article Excerpt: "If you're nearing the finish line, it's time to add these items to your to-do list so you'll be ready to retire. ..."



Resource: www.moneytalksnews.com



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Wednesday, November 2, 2022

Federal Retiree Benefits

Federal Retiree Benefits

Article Excerpt: "The Services Online (SOL) program offers federal retirees and survivor annuitants a place to learn more about retirement benefits and make changes to federal annuity payments.

The program provides on-demand access so you can:

Change your federal and state income tax withholding

Change your mailing address

Change your Password

Establish an allotment to an organization

Set up a checking or savings allotment

Sign up for direct deposit for your payment

Update your email address/opt-in to receive information electronically

View/Print annuity statement/verification of income

View/Print 1099-R Tax Forms

View/Print verification of life insurance (FEGLI)

View/Print status of your case while in interim pay

Services Online cannot be used to make any changes to your Federal dental or Federal vision insurance ..."



Resource: www.benefits.gov

Federal Retiree Benefits

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