Category: Aaron Steele

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Advantages and Disadvantages of Postponed Retirement (FERS MRA+10 and MRA+20)

Since December 1983, every government emplo…

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IRS: An increase in the retirement contribution limits from 2023

In response to inflation, the Internal Revenue Service (IRS) proposed contribution limit modifications for employee retire…

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What If Your Retirement Savings Aren’t Enough?

After retirement, what if you discover that your retirement income won’t be sufficient to maintain your pre-retirement lifestyle? Many financial advisors recommend aiming for 80% of your pre-retirement income when you…

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First Responder Retirement Fix Passes the House and Others

A measure to change the retirement program for federal first responders who sustain injuries while on duty and who must seek out new employment inside the federal government …

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The Earnings Limit for Disability Retirement

If you’re 60 or older, there are no restrictions on the amount of money you can make while receiving disability retirement. If you’re under the age of 60,  you can receive income from work as well as disability retirement benefits. Still, your disability annuity will be terminated if

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Planning a Semi-Retirement with These 3 Strategies

Enjoyment after retirement is one of the most significant benefits of being employed. However, planning and preparing for this period is the key to achieving your dreams. For years, most workers believed in working hard and earning their income which they thought they could have saved for…

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