Learn Why Your Medicare Part B Premium Can Vary and How to Reduce It
Most people pay the standard rate for Medicare Part B premiums, but those with higher incomes pay more. The amount you pay for Medicare Part B premiums is determined by your Modified Adjusted Gross Income (MAGI) from two years ago. Your MAGI is an adjustment to your AGI due to various tax deduct…
Federal retirees received a 9% increase in COLA
The evaluation phase for January 2023 federal pensions and benefits is 75% complete. Considering a 1.6% rise in the impact of inflation used to calculate the COLA (cos…
Five Important Things to Remember About Social Security
Social Security benefits are an essential part of a federal employee’s retirement. They’re one of the three legs of the Federal Employees Retirement System (
One Social Security Move That Might Define Your Retirement’s Success
According to a recent poll, 85% of retired Americans rely on Social Security income. And 40% said they rely entirely on their monthly checks in retirement.
Because
Transfer TSP Funds into Annuities
If you are preparing for retirement as a government employee, it is likely you have heard of the