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  • Weatherford Pre-Retirement Seminar Rescheduled

    The Pre-Retirement seminar in Weatherford, OK has been rescheduled for Wednesday, April 18, 2018. Members who were registered for the February date have been contacted. As space is still available, registration has been reopened for the seminar in Weatherford. (more)

  • Understanding Long-Term Care Insurance

    One important aspect of retirement planning includes understanding a new set of risks and rewards in retirement. The obvious reward is more time spent on the people and/or activities we may have put off during our hectic working years. Two of the primary risks in retirement are longevity (outliving your savings) and inflation (decreased purchasing power over time). The good news is we are living longer, which also means we must be prepared financially to protect against outliving our saving. (more)

  • The 50/20/30 Formula for Budgeting

    Budgets are not usually held in high esteem. For most, budgets feel restrictive, require hours upon hours of organizing receipts, and are generally unsustainable. Instead of accounting for every dollar, set up a framework that keeps spending in balance. (more)

  • Taxes and Your Retirement Benefit

    Your monthly benefit amount may change in 2018

    Your OPERS retirement benefit is considered income for tax purposes. The tax rates applied to your benefit are based on withholding tables provided by the Internal Revenue Service and the Oklahoma Tax Commission. The Oklahoma tax withholding tables will not change for 2018; however, recently signed federal legislation will change the federal tax withholding beginning with your deposit on January 31, 2018. (more)

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