I was incorrect about increase in high 3Apologies.Sent from Yahoo Mail on Android __._,_.___ Posted by: robert winfield <winfield100@yahoo.com> ...
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Re: [TSP_Strategy] retirement strategies
The OPM web site explains how the high three is calculated. I have included a portion of the explanation below. My interpretation, the lump sum is only paid after you are retired. Thus, it is not an increase for which retirement deductions...
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Re: [TSP_Strategy] retirement strategies
Hi Robert,I don't see how you're getting a 21.5% bump. It looks to me like an increase of about 5% for the final 3 salary average. Can you please explain in an example? Thanks __._,_.___ ...
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Re: [TSP_Strategy] retirement strategies
Does pay from the SEC or FDIC count the same way? Like, a gs15 equivalent making 240k, do they use that amount for the high three? Just curious.-DanSent from Yahoo Mail on Android Base pay plus...
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Re: [TSP_Strategy] retirement strategies
Base pay plus whatever the locality pay is for the area from which you retire. You keep the cost of living for retirement. So, you can get a pay raise, sort of, if you retire from Houston, or Philadelphia, or SanFrancisco, then move to Montana...
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Re: [TSP_Strategy] retirement strategies
I thought high 3 was calculated off your three years of highest base pay, i.e., no overtime, differential, leave, etc, is figured in. Normally, that's your last 3 years of service but not always. From: TSP_Strategy@yahoogroups.com...
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