I recently saw a post on Facebook from a fellow federal employee with a simple question. Should they take a refund of their FERS contribution if they leave government service after 9 years? I wanted to dig into this a little as I am currently sitting at 9 years...
We have our TSP setup and money is flowing into our account at some where between 10% (5% from us and 5% of free money from the government) and $18,000 a year. We’re all set, we can just sit back, work hard at our job, and then retire when...
My first career position out of college was (and still is) a federal government job. When I was hired back in 2009 federal government employees were covered under FERS (Federal Employee Retirement System) as opposed to CSRS (Civil Service Retirement System). The FERS retirement is setup as a stool...
