Supreme Court ruled that states may not discriminate against Federal retirees by taxing Federal retirement income differently than the retirement income of state employers (Davis v. Michigan Department of the T
The Thrift Savings Plan (TSP) is a federal government-sponsored retirement and investment plan thatoffers the same type of savings and tax benefitsthat many private corporations offer their employees under 401(k) plans. The amount in each TSP account depends on what the participant invests and ...
If you begin a civil service career today, you’ll likely contribute to the Federal Employee Retirement System (FERS). FERS is separate from your military retirement and offers excellent benefits, including a pension, Social Security, and theThrift Savings Plan(TSP). FERS replaced the Civil Servi...
When it comes to military retirement pay, in almost all cases, your pension benefits count astaxable incomeat the federal level. Disability compensation received from theVeterans Administration Disability Compensationprogram is nontaxable income and is separate from military retirement compensation. TurboTax...
Your full retirement age for Social Security depends on the year you were born. Rachel HartmanMay 2, 2025 When Your Job Becomes Obsolete If you're nearing retirement and worry that your job is no longer needed, take steps to upskill or reskill. ...
Veterans Day has been a federal holiday since 1938, honoring the contributions of American military personnel. 13 days ago Service leaders laud quality-of-life improvements, but concerns linger Officials worry that planned Defense Department civilian workforce cuts could hurt base services and military...
So, the researchers recommended finding ways to ensure spouses aren’t penalized when they have to quit a job because of a military-related move. One option is a federal retirement savings option for military spouses that provides easier management of benefits earned from multiple...
information, finance calculators, online training and other tools on this site run through Army MWR. The site also has fact sheets and links to federal, state and territory benefits as well as a resource locator to find locations where benefits services are provided in each state and territory....
Also see Retirement and EAS’ing the Marine Corps for specific training programs into the civilian world. Neither the United States Marine Corps nor any other component of the Department of Defense has officially approved, endorsed, or authorized this website.This...
The Veterans Health Administration (VHA) traces its history back to the closing days of the Civil War, when President Abraham Lincoln signed a law establishing a national soldiers and sailors asylum for that war’s veterans, the nation’s first federal soldiers’ facility. The first of the new...