The average Social Security benefit is just $2,008 as of August 2025. This is not an impressive amount of money for retirees. A monthly benefit of $2,008 would provide an annual income of $24,096, ...

For almost a decade, federal employees have had the option of entering phased retirement, a status in which they work half time and receive half of their annuity. But only a relatively small number of ...

It’s a new year and there are new benefit amounts that take effect at the beginning of each year as well as basic pay adjustments for federal workers under the General Schedule and cost of living ...

The average Social Security beneficiary will receive about $23,712 in 2025. While that's a good chunk of money, it's not enough for most people to live off of comfortably. Married couples might fare a ...

Congress has proposed significant changes to federal employee retirement benefits in the latest reconciliation bill. The bill aims to cut $2 trillion in federal spending over the next decade, with $50 ...

If you're planning to retire after 2028 under the Federal Employees Retirement System (FERS), a new bill could take away a major piece of your expected income: the FERS annuity supplement. The FERS ...

I am 53 years old with 18 years of service. I understand that I can retire under the Federal Employees Retirement System at age 55, when I will have 20 years of service. I also understand that if I ...

A recent article in U.S. News and World Report suggests seniors and baby boomers consider turning their homes into an annuity by using one of the least tapped avenues of a reverse mortgage. These ...

A fixed annuity provides a guaranteed income stream. Payouts can be immediate or deferred. Drawbacks include limited upside. Annuities can help ensure your retirement savings last your entire life.