Tag: FERS

The Cost-of-Living Adjustment: What It Means for Your Retirement as a Federal Employee

Key Takeaways
The Cost-of-Living Adjustment (COLA) helps federal retirees maintain purchasing power in retirement, with a 2024 increase of 3.2% reflecting the current inflation trends.Understanding how COLA impacts retirement income …

Thinking About Long-Term Care Insurance? Here’s What’s Driving Federal Retirees to Get Covered

Key Takeaways:

Federal retirees are increasingly turning to

Why Federal Retirees Are Signing Up for Long-Term Care Insurance Now More Than Ever

Key Takeaways

Federal retirees are increasingly signing up for long-term care insurance to secure financial stability and peace of mind in their later years.Long-term care insurance provides critical support for those needing assis…

How the Social Security COLA Is Changing Retirement for Federal Workers

Key Takeaways
The 2024 Social Security COLA brings significant adjustments to the financial outlook for federal retirees, influencing retirement income strategies.Federal workers need to assess how the cost-of-living adjustment (COLA…

Thinking About Dropping Your FEGLI? Here’s What Federal Retirees Are Deciding

Key Takeaways:
Many federal retirees are reconsidering their FEGLI coverage due to evolving financial needs and new retirement priorit…

The Smartest Ways to Blend Your Social Security and FERS Benefits for a Better Retirement

Key Takeaways:
Maximizing your retirement income involves careful coordination between Social Security and FERS (Federal Employees Retirement System) benefits.Bl…