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Retirement Planning


Whether you are close to federal employee retirement or just starting out in your career, this is the place to share ideas with your federal colleagues on creating a secure financial foundation.


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jayjay12  
#1 Posted : Tuesday, September 25, 2018 3:14:38 PM(UTC)

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Hello,

I am mandatory retirement on 1-31-19, but wonder if it would be better to retire instead on 12-31-18.

THANK YOU!
GoHuskers  
#2 Posted : Tuesday, September 25, 2018 5:11:33 PM(UTC)

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I'm not sure what you are concerned about. The COLA effective December 2018 is irrelevant since either retirement date is after its effective date. With the 12/31 date you would get 11/12 of whatever the December 2019 COLA is, assuming there is one. With the 1/31 date you'd get 5/6 of the next COLA. Why worry about that when at this point you have no idea how much, if any, that might be?
roger.d  
#3 Posted : Wednesday, September 26, 2018 4:24:56 AM(UTC)
roger.d

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If you are asking about your wage COLA, that would have little to no impact on your "high 3".

Learn to discipline yourself, so someone else doesn't have to
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