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FREQUENTLY ASKED QUESTIONS
Federal Civil
Service Retirement Planning and Guidance
The questions are linked to this web site's information, and to
the author's journal entries. You can also use the search feature on this site
to obtain needed information. If you can't find an answer to your question on
this site you can ask the author questions using the submission form located on
this page.
Frequently Asked Questions
When to Retire:
Are You Emotionally Prepared ?
Are You Physically Prepared ?
Are You Financially Prepared ?
What should I be doing the year before I retire
Journal entry June 27th 2005
(Overview)
Site
Introduction
Getting Started
How soon will I receive my first annuity check after I retire?
Journal entry February 4, 2005
Annuity
payments (Retirement site data)
What can I expect from OPM the first three months
after leaving?
Journal Entry dated June 27th
2005 (Overview)
Journal Entry from 1/7 to 4/7 2005 (All
entries)
What is the best date to retire in 2008?
Journal Entry
dated September 1, 2007
How can I get a Retiree Identification Card From OPM?
When you retire OPM should send you a Retirement
Services Reference Card. Most retirees that I’ve talked to never receive one. To
receive your card call OPM at 1-888-767-6738. I called and received my card in 5
days. Your annuitant claim number and OPM contact
information is printed on the back.
Don’t confuse your “Retirement Date” with your
“Date of Final
Separation”
Retirement Forms Page
Journal Entry dated September 1, 2007
When can I expect to receive my lump sum leave payment?
Journal Entry dated February
14, 2005
Journal
entry September 28, 2005 (Amount received after taxes are withheld)
What
retirement forms do I need to fill out?
Visit the
retire forms page.
Journal entry June 20th 2005
(Overview)
Will my CSRS Sick Leave add to my years of service even if I'm maxed out
at 80%?
Visit the sick leave page
for complete details.
How do I start planning for my retirement?
Introduction
Retirement cost analysis
and forms
Full Retirement
Analysis (FREE FedCalc Online Calculator)
How to be physically, emotionally, and financially prepared for
retirement
Journal Entry March 13, 2006 - Emotionally Preparing for Retirement?
Journal Entry March 20, 2006 - Get a Checkup & In Shape Before Retiring!
Journal Entry March 27, 2006 - Don't be Caught Short in Retirement.
Does the average federal employee need an estate plan?
Visit the estate planning page
Estate
Planning "How-to" Series - Step-by-Step Guide - Parts 1 through
What information do I need to compile before I retire?
Journal entry dated April 17,
2006 (Putting it All Together)
What should I do with my Thrift Savings Plan when I retire?
Thrift Savings Plan withdrawal option overview
Journal entry dated November
2, 2005 (Safe Investment Options)
Journal
entry dated January 10, 2006 (L 2020 Fund) *
When do I turn in everything with my Clearance Record?
Journal Entry dated
December 22, 2005
What is this the Windfall Elimination Provision (WEP)?
The windfall elimination
provision
Journal Entry dated September 25, 2005
Tammy Flanagan's WEP
Article
What is the Government Pension Offset (GPO)?
The
Spousal Government Pension Offset
Tammy Flanagan's GPO
Article
My retired spouse died. Who do I report his death to?
Survivor's checklist, SF-2800
form, and OPM contact numbers
What states don't tax federal annuities?
Annuity tax considerations
What options do I have for my survivor's annuity?
Survivor annuity concerns
Annuity page (Options)
When can I retire?
Eligibility for FERS and
CSRS employees
How Soon Can I
Retire (FREE Online Calculator) by FedCalc
How far in advance of leaving do I have to submit my paperwork?
Journal entry October 26,
2004
Should I opt to PAY BACK my MILITARY time?
Buy back
considerations and options FERS & CSRS
Military to Civilian
Transition (Article byTammy Flanagan)
Military Time Buyback (Article by Tammy Flanagan)
Military Buyback Calculator (FREE Online
Calculator by FedCalc)
Will I be eligible for social security?
Determining eligibility
Social Security
Calculator by FedCalc
What impact will Medicare have on my annuity at age 65?
Journal entry dated
September 22, 2005
Medicare Part B or Not part B? (Article by Tammy Flanagan)
Helpful retirement planning article archives (Most by Tammy Flannagan)
Retirement
Planning Article Archives
How can I set up my accounts and assets to avoid probate?
Probate avoidance techniques
Asset
allocation sample and free downloadable fill-in form
When can I expect my retirement paperwork to be processed?
Journal entry March 10, 2005
Journal entry March 15, 2005
General annuity
information
How do I know when its time for me to retire?
Journal entry December 7,
2005
How do I initiate allotments after I retire?
Journal entry March 24, 2005
How do I contact OPM after I leave if I have questions?
Will I retain the same health care insurance and cost after retiring?
Can I
purchase savings bonds through an annuity allotment?
Journal entry April 7, 2005
Journal entry April 21, 2005
Journal entry November 2,
2005
Should I keep my FEGLI life insurance when I leave?
FEGLI benefits
Journal entry July 28, 2005
Journal entry September 22,
2005 (Considerations)
Tammy Flanagans's Series
on FEGLI (The Top 10 Questions Answered)
How do I start an estate plan - Should I do this before I
retire?
Estate Planning "How-to" Series - Step-by-Step
Guide - Parts 1 through 9
Should I go back to school in
retirement?
Many retirees and employees anticipating
retirement explore going back to school either to complete a degree, enter a
masters program, or enroll in an advanced degree course. For information on online colleges, or information on online business schools please visit eLearners.com for program details.
Question Submission
Submit your comments to author
Dennis V. Damp.
E-Mail Address:
ddamp@aol.com |
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