https://youtu.be/115VUsl-B1E Federal employees spend decades of their professional lives diligently contributing to the Thrift Savings Plan. This effort is driven by the desire to secure a comfortable and stable retirement. Every paycheck represents a commitment to future financial independence. However, many employees overlook a critical administrative detail that can jeopardize Read more…
Transitioning from military service to a civilian career within the federal government is a common path for many veterans. One of the most significant advantages of this transition is the ability to bridge your service years through a process known as buying back your military time. This program allows veterans Read more…
The Inevitability of Down Markets Here’s the deal: throughout your retirement, there are going to be down markets multiple times. That’s just how it works. Every few years, there’s going to be a fairly significant one, and every ten years, there’s going to be a really big one. That’s just Read more…
https://youtu.be/K3OiTOTq7h8 Getting money into your TSP is the easy part, but getting it out without getting killed in taxes is much harder. Today, we’re going to look at how one federal employee saved over $184,000 in taxes—not through magic, but by simply knowing how to manage their TSP in a Read more…
For decades, one of the most powerful assets you had as a federal employee was your seniority. The more years of service you accumulated, the more protection you had during a Reduction in Force (RIF) or similar workforce restructuring. However, these long-standing rules might be changing soon. The Office of Read more…
https://youtu.be/UGij-gqsT4M When the government wants to reduce its workforce, it often turns to Voluntary Early Retirement Authority (VERA) and Voluntary Separation Incentive Payments (VSIP). These programs, commonly known as early outs and buyouts, offer federal employees the opportunity to retire sooner than they otherwise could, sometimes with a cash incentive Read more…
https://youtu.be/l9qiw_OfNus Your federal career is a marathon, and picking a date to retire is the final leg. The last thing you want is to trip right before the finish line. To ensure a smooth transition into retirement, it is crucial to understand the financial implications of your chosen retirement date. Read more…
https://youtu.be/ToBSRsogkw4 The L funds within the Thrift Savings Plan (TSP) are designed to be an all-in-one solution for federal employees, but they often come with hidden problems. The vast majority of feds do not fully understand how these funds work or if they actually make sense for their specific situation. Read more…
https://youtu.be/VC8lta-QIiM The FERS Annuity Supplement is essentially bonus money on top of your federal pension that you can receive before Social Security kicks in. Often called the “bridge payment” or “special annuity supplement,” it is designed to bridge the gap between your retirement date and age 62, when you become Read more…
https://youtu.be/buY0X_1l-BU Federal employees make hundreds of decisions as they approach retirement, but few have as massive an impact as how you handle your health insurance. Choosing whether to rely solely on FEHB or to add Medicare to the mix can mean the difference between saving thousands in premiums or facing Read more…
