https://youtu.be/_R_FBSCx3bQ Social Security is a big part of your retirement as a federal employee. Getting it right often leads to a confident and comfortable retirement. Getting it wrong can cause a lot of stress and many missed opportunities. In efforts to avoid common pitfalls, here are 3 ways you could Read more…
https://youtu.be/Yusp7NvpcUc If you are a federal employee then you probably have FEGLI or Federal Employee Group Life Insurance (unless you’ve gotten rid of it already). Most federal employees sign up for it when they are first hired and never think about it again. But is it worth the Read more…
https://youtu.be/5zEGr2ZaWyk FEHB is an incredible benefit you have as a federal employee and it certainly up there with one of your most valuable benefits. But most federal employees are leaving money on the table by not understanding all the FEHB rules and options. Here are the 5 Read more…
https://youtu.be/NdE9H1s7C7k As a federal employee you will normally have at least these sources of income: Your Pension TSP (Thrift Savings Plan) Social Security And most of the time, all three of these will be taxed on the federal level (at least to some degree) but if they are Read more…
https://youtu.be/gWOX9078Cok Yep, you heard right. Not everyone can keep FEHB (your federal health insurance) into retirement. You have to be eligible. This article will show you how to be eligible as well as to make sure your spouse can keep it after you are gone! Eligibility to Read more…
https://youtu.be/0QmNSIH-KJA CSRS and FERS COLA Civil Service Retirement System (CSRS) annuities and Social Security benefits will increase through a 8.7 percent cost-of-living adjustment (COLA) for 2023. Federal Employees Retirement System (FERS) annuities will receive a 7.7 percent COLA. How FERS COLA’s are determined: Each year’s Read more…
Question 1 I will have exactly 20 years of service, 16 civilian and 4 military at 60 years old and I’m planning to retire. However I heard from someone that you should not take your pension until 62 due to a cola? Is this correct? Answer 1 The short answer Read more…
I https://youtu.be/EA0XQHusshY How Much is Your Life Worth? Imagine you are walking down the street and someone pulls a gun on you. They demand your wallet or they will shoot. Most of us would hand over our wallets without a second thought. But what if they Read more…
https://youtu.be/w6GrVvkgU10 Let’s cut right to the chase. You want to know if you can get money out of your TSP while you are still working for the federal government. The short answer is yes, you can. However, the devil is in the details. Stay tuned to make sure you don’t Read more…
TSP Investment Strategy for Retirement https://hawsfederaladvisors.com/tsp-investment-strategy-for-retirement/ Knowing What Your Pension Will Actually Be Your FERS Retirement/Pension Calculator Maximizing Your FERS Supplement The FERS Supplement: The Ultimate Guide When to Start Social Security When to Start Social Security as a Federal Employee How Your FEHB Changes in Read more…
