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The 'One Big Beautiful Bill' could impact your finances through tax and social program changes. While it doesn’t directly ...
The FERS supplement is generally payable at retirement for special coverage employees when they retire as early as age 50 with 20 years of covered service.
If you work in the public sector or plan to, FERS (Federal Employees Retirement System) is an acronym you will soon know well.
Retirement planning is a long game that requires consistent saving and intentional investing — and a working knowledge and understanding of your federal benefits. Wherever you are on your ...
While FERS is great for government employees, it’s limited to civilians who work at the federal level. State and local governments and military personnel aren’t covered by FERS.
• Early retirement: The FERS annuity supplement, which provides additional benefits to employees who retire for up to five years before age 62, will be eliminated under the new bill.
If done carefully, there is a chance your FERS retirement could be even better than that of the CSRS retirees.
IRS Publication 721 is the tax guide to civil service retirement benefits. The Internal Revenue Services publishes Publication 721 annually and details information about tax information for ...
House lawmakers save retirement benefits cuts in new tax bill: What’s in, what’s out After the House Budget Committee advanced the One Big Beautiful Bill on Sunday, lawmakers met Monday to ...
Reviewed by David Kindness Fact checked by Yarilet Perez The Federal Employees Retirement System (FERS) is a retirement plan that covers all employees in the executive, judicial, and legislative ...