Federal Pension Advice and Insights

November 14, 2024

It’s finally here! You’re eligible to retire, and you’ve confirmed it’s financially feasible. Now, the only question is choosing the optimal retirement date.

November 12, 2024

For Now, the 2025 cola update is that The Social Security Administration (SSA) has announced a 2.5% cost-of-living adjustment (COLA) for 2025, which will impact more than 72.5 million Americans

November 8, 2024

Social Security is a federal program that provides financial support to retirees, disabled individuals, and their families.

November 6, 2024

The 2025 VA disability pay rates will increase by 2.5%, reflecting the Cost of Living Adjustment (COLA) announced by the Social Security Administration. This increase will take effect on December 1, 2024.

November 4, 2024

Are you wondering how many pay periods happen in a year, or how many payroll weeks you can expect, especially if you’re on a biweekly schedule in 2024?

October 22, 2024

For small business owners and self-employed individuals, the Solo 401(k) and SEP IRA are two of the top retirement plan options. Whether you're a freelancer or running a small business, these plans provide a straightforward way to start saving for retirement while offering significant tax advantages.

October 18, 2024

The Military Pay Raise 2025 is a significant topic of interest for active-duty service members, veterans, and military families.

October 17, 2024

The recognition of the FERS benefit is good for federal employees. The system provides a special benefit for employees retiring before they qualify to receive Social Security, thereby bridging the income gap.

October 16, 2024

The Office of Management and Budget (OMB) has advised that federal agencies should plan for a 3% pay raise for civilian employees starting in January 2026.

October 11, 2024

The 60-day rollover rule requires you to reinvest money from one retirement account into another within 60 days to avoid taxes and penalties.

October 11, 2024

As we near 2025, retirees, government workers, and everyone living on a fixed income are eyeing the Social Security Cost of Living Adjustment (COLA) and federal General Schedule (GS) pay scale updates.

October 10, 2024

The Income-Related Monthly Adjustment Amount (IRMAA) is an additional fee that certain Medicare beneficiaries may need to pay on their Part B and Part D premiums.