Many federal employees complain about the lack of investment choice inside the TSP given there are only 5 core choices. But what if there were 5,000+ investment choices? Would that be better? Believe it or not, come the summer of 2022 it looks like thousands of options Read more…
Question I am a subscriber and big fan of your YouTube channel! I hope to retire at age 56 and 8 months with 28 years of civilian and 4 years of military service, which I have bought back. I understand that the amount of my FERS supplement is calculated only Read more…
Many federal employees have the opportunity to retire before they are eligible to start Social Security (aka before 62). And in many of these situations, these feds are eligible for the FERS Supplement that will help fill the income gap between when they retire and age 62 (when the Read more…
https://youtu.be/5Zj4tf0yq0Y Federal employees enjoy great retirement benefits that many in the private sector envy. But I have certainly seen that having access to these great benefits is far from enough to have a comfortable and confident retirement. One must understand what benefits exist and how to get the most Read more…
Question 1 Myself and others at my job are not getting the covid shot. Some are too young or don’t have enough time in service to retire and those like myself, are eligible to retire but not ready. Any advice on the disposition of our Thrift Savings Plan and retirement Read more…
Table of Contents What happens to annual leave at retirement? What happens to sick leave at retirement? Sick Leave Conversion Chart Most FERS federal employees have at least some unused leave at retirement and the good news is that you will probably get compensated for it. However, the type of Read more…
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https://youtu.be/7d9cyyrG2Nw For any federal employee who is looking to get serious about planning for retirement it is critical to contribute and invest in retirement accounts. Most federal employees are taking advantage of the TSP but many are now thinking about an IRA as well. Note: To learn more Read more…
December is certainly one of the busiest times for OPM because of the surge of retirement applications that they receive. But is it really the best time to retire to deserve this much attention? Annual Leave Payout One major reason that many federal employees choose to retire Read more…
The TSP (Thrift Savings Plan) is an incredible tool for building wealth for federal employees. But with any great tool, there are often many questions on how to get the most out of it. One of the most asked (and important) questions that comes up is if a federal Read more…
