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Reply to "Retiring from the Feds at 57"
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[quote=Anonymous][quote=Anonymous]MRA+30 at 57, do you still get the COLA adjustment?[/quote] I just retired from the fed gov with 34 years at my MRA (56.5 years old). I immediately started collecting my pension plus I receive the FERS supplement until I am 62. However, the COLA on pension does not begin until age 62, so until then, my pension will remain frozen at the retirement value. Once I turn 62, I will start receiving the COLAs. There is a former federal CPA who has excellent free articles that address many of these issues named Chris Barfield. I paid him to run my retirement numbers for me. His website is https://www.barfieldfinancial.com/new-blog Another excellent resource who summarizes everything that you'd ever need to know about federal retirement, which I found very helpful in my 5 years leading up to retirement is Dan Jamison's FERSGuide: https://www.amazon.com/FERSGUIDE-Dan-Jamison-CPA/dp/B08P8D7676[/quote]
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