
How Congressional Pensions Really Work After a Resignation
The resignation of a U.S. Representative has raised questions about congressional benefits. We break down how pensions and health insurance for lawmakers actually work.

Amelia Vance is a personal finance and retirement policy analyst for Wealtoro. She specializes in Social Security, pension systems, and legislative changes affecting American retirees.
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The resignation of a U.S. Representative has raised questions about congressional benefits. We break down how pensions and health insurance for lawmakers actually work.

Medicare Part B premiums will rise to $202.90 per month in 2026, a 9.7% increase that will consume about one-third of the annual Social Security COLA.

Rep. Marjorie Taylor Greene's resignation from Congress on Jan 5, 2026, makes her eligible for a deferred federal pension at age 62, but not an immediate one.

The IRS has introduced new tax deductions for millions of workers, allowing up to $25,000 in tips and $12,500 in overtime premiums to be deducted starting in 2025.

The full retirement age for Social Security is set to reach 67 in 2026 for anyone born in 1960 or later, marking the final step of a long-term plan.
Medicare Part B premiums are set to increase by nearly 10% in 2026, rising to $202.90 per month. This hike will consume over a third of the average Social Security COLA.

The U.S. Mint has officially ended production of the one-cent coin after 232 years, citing high production costs and the coin's low purchasing power.

Gold prices stabilized after two days of losses, driven by reduced expectations for a Fed rate cut. Despite short-term dips, gold is up 55% this year, heading for its best annual performance since 197

A new bill introduced in the Senate proposes a temporary $200 monthly increase to Social Security and other federal benefits for seven months in 2026.

The IRS has increased the 2026 Roth IRA contribution limit to $7,500 and raised the income eligibility thresholds for savers, reflecting inflation adjustments.

Gold futures surged above $4,200 per ounce after the government shutdown ended, marking a significant price increase and highlighting gold's role as a safe-haven asset amid economic data uncertainty.

The U.S. Mint has officially stopped producing the penny after 232 years, a move expected to save taxpayers $56 million annually due to high manufacturing costs.

Military families and retirees will face higher Tricare costs in 2026, with most plan fees and premiums increasing by 2-3%, according to new rates.

Oregon officials have confirmed a $1.41 billion state revenue surplus, which will be returned to taxpayers as a 'kicker' credit on their 2025 tax returns.

The Social Security Administration will issue its next round of payments on November 12 to beneficiaries with birthdays between the 1st and 10th of the month.

While most Social Security retirement benefits will arrive on schedule in November 2025, SSI recipients will not receive a payment due to a calendar quirk.

Inheriting an IRA comes with complex rules. Starting in 2025, many heirs must take annual withdrawals or face a 25% penalty. Learn three common mistakes to avoid.

Caught between economic crises and the decline of pensions, Generation X is facing a retirement reality far more challenging than that of their Baby Boomer parents.

An abrupt halt in U.S. penny production has sparked a nationwide shortage, forcing retailers to absorb financial losses from rounding down transactions.

Silver is holding above key support levels near $47.50, showing resilience despite mixed technical signals. The white metal faces strong resistance at $48.00 while finding support at $47.00. Industria