What Is The FERS MRA?
What is the MRA? The minimum retirement age (MRA) is the earliest age at which most Federal employees may retire. Why Is It Important? Your MRA will determine when you’re eligible for different types of FERS retirement options. For example,Continue reading “What Is The FERS MRA?”
How Federal Employees Can Retire Early (VIDEO)
In this video, I’ll cover the MRA+ 10 retirement option in under 3 minutes. If you want to learn about the MRA+ 10 option, read this article and if you want to learn about other FERS immediate retirement options, watch this video.
The Federal Employee’s Dependent Care FSA At A Glance
As childcare costs continue to rise exponentially, it’s critical that all Federal employees understand one of their most robust benefits, the Dependent Care Flexible Spending Account (DCFSA). The DCFSA is a savings account established by your agency with specific taxContinue reading “The Federal Employee’s Dependent Care FSA At A Glance”
2 Quick Tips to Help You Invest Your TSP (VIDEO)
In this video, I’ll cover 2 tips to help you invest your TSP the right way. And if you want to learn about aligning your money with your goals, read this article.
What Happens To Your FERS Pension When You Kick The Bucket?
Your FERS pension has a survivor benefit. The survivor benefit allows your spouse (or someone else with an insurable interest) to receive a portion of your pension when you pass away in retirement. If you’re married when you retire, you’llContinue reading “What Happens To Your FERS Pension When You Kick The Bucket?”
5 Things You Need To Know About Buying Back Military Time (VIDEO)
In this video, I’ll cover the 5 things you need to know about buying back military time. Use the DFAS Military Buy Back Estimator to get your estimated buy back cost. And if you want to learn more about theContinue reading “5 Things You Need To Know About Buying Back Military Time (VIDEO)”
The FERS Disability Retirement Option
As a Federal employee, you are not offered short-term disability coverage. However, you do have protection against a long-term disability via the FERS Disability Retirement Option. While many people dismiss the need for disability protection, the Social Security Administration statesContinue reading “The FERS Disability Retirement Option”
The FERS Deferred Retirement In Under 3 Minutes (VIDEO)
Federal employees covered under FERS who separate from service before meeting the requirements for an Immediate retirement might still be eligible for a pension under the Deferred retirement option. This video will review the FERS Deferred retirement in under 3Continue reading “The FERS Deferred Retirement In Under 3 Minutes (VIDEO)”
What is the FERS MRA + 10 Retirement?
Federal employees covered under the FERS retirement system are offered a unique retirement option, the MRA+10. The MRA+10 option allows you to retire at your minimum retirement age (MRA) with as few as 10 years of service. Hence, if youContinue reading “What is the FERS MRA + 10 Retirement?”
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