Monday, October 28, 2024

Retired Americans Suffering on Social Security Income (SSI) During Four Years of Democrat Rule Want Trump To Help Them

I’m a Retiree: 5 Reasons I Believe Voting for Trump Is What’s Best for Social Security

Article Excerpt: "...Trump Is Trustworthy

According to Drew, Trump comes across as the more credible candidate because she believes he follows through on his promises.

“I personally trust Trump because he does what he says he will do; he will stop the taxation of Social Security.” Drew depends on her Social Security check and likes Trump’s plan of not taxing her monthly benefits...."



Resource: finance.yahoo.com

The Informed Retiree, Social Security Income (SSI), Destruction of Retirees under Kamala Harris,The Democrat Years,Rising Inflation 2024, Taxes on Social Security, Trump will stop taxes on SSI,





USPS Medicare Part B will Have a Big Financial Impact

USPS Medicare Part B will Have a Big Financial Impact

Article Excerpt: "...As you may have heard by now, major changes are coming to Post Office health insurance plans in 2025 as the result of the Postal Service Reform Act of 2022, but one part of this law, scheduled to go into effect Jan. 1, 2025, will require most future retirees to take on an additional expense in retirement, impacting their monthly finances for life. ... 1. If you will be age 64 or older by Jan. 1, 2025, the new law will not affect you.

2. For all others, if you retire on or after Jan. 1, 2025, you will now be required to take Medicare Part B when you turn 65 or retire, whichever is later, in order to keep your Post Office health insurance."



Resource: www.fedweek.com







Friday, October 11, 2024

Inflation Is Down | Who Is the Lying Government Trying To Fool? Inflation is still rising and destroying seniors and no candidate is helping

Social Security issues 2.5% COLA increase. Here’s why it keeps falling.

Article Excerpt: "...Social Security recipients will see a 2.5 percent increase in their monthly checks next year, the federal government announced Thursday. It’s a smaller hike than in recent years..."



Resource: www.washingtonpost.com







Thursday, October 10, 2024

Average monthly annuity payment for a Federal Employees' Retirement System (FERS) retiree in 2023

Average monthly annuity payment for a Federal Employees' Retirement System (FERS) retiree in 2023

Article Excerpt: "...The average monthly annuity payment for a Federal Employees' Retirement System (FERS) retiree in 2023 is $2,126. This does not include income from Social Security or the Thrift Savings Plan (TSP). FERS benefits are calculated by multiplying a retiree's "high-3" average salary by their years and months of service. If a retiree was at least 62 years old when they separated and had at least 20 years of service, their annuity is 1.1% of their "high-3" average salary. ..."



Resource: AI Generated







Retirement by the numbers: Feds in CSRS are dwindling fast

Retirement by the numbers: Feds in CSRS are dwindling fast

Article Excerpt: "...The House is on the cusp of taking a major step toward the elimination of the Windfall Elimination Provision and the Government Pension Offset.

While finally putting a knife in the heart of the WEP/GPO still will take an act of the Senate, congressional support may be coming at the perfect time. ..."



Resource: federalnewsnetwork.com

CSRS vs. FERS,Windfall Elimination Provision (WEP),