https://youtu.be/tp_jlRiee5I One of the great perks of working for the government is the retirement benefits. One of these retirement benefits that is often underappreciated (in my opinion) is your pension. In today’s world, a pension is becoming more rare every day. Big companies have realized how expensive it is Read more…
This article’s topic is so important when it comes to planning for retirement. If you understand it then you will have much fewer surprises down the road. A huge misconception that I see all the time is about taxes in retirement and specifically, on your pension. Many people believe Read more…
One of the great things about the FERS retirement system is that there are opportunities to get a retirement check without clocking the proverbial “20 years”. This gives federal employees more flexibility and career options. https://youtu.be/NfiYISKKEIU One of the most common retirement options for those with fewer years of Read more…
One key difference that I have seen between federal employees and those on the private side is how they think about retirement. Private sector employees generally ask, “when can I afford to retire?” Federal employees, on the other hand, more often ask the question, “when am I eligible to retire?” Read more…
FERS Employees enjoy many great benefits that it can be a challenge to keep up with them all let alone try to get the most out of them all. This article will summarize your key benefits and some of the most important things to know about each one. TSP Read more…
The question that we all want to know the answer to is: How much money will be coming my way once I retire? And is it enough? These questions have been asked by millions of Feds and getting the right answers can be a deal breaker in planning your retirement. Read more…
Federal employees under the FERS system enjoy a benefit that is rare and relatively unknown. Even the CSRS system doesn’t have anything comparable. It is called the FERS supplement, the Social Security Supplement, or even the Special Retirement Supplement. Let’s dig into how it works. Because the earliest age you’d Read more…
It is very common for federal employees to have served at least a portion of their career in the military. If someone is not receiving military retirement pay, they are most likely eligible to buy back their military time to be included in their federal service. This is how it Read more…
Phased retirement is a relatively new concept as it was authorized starting in November of 2014. Because of its novelty, few Feds understand how it works and how it affects their retirement benefits. Let’s dig in. How it works Phased retirement is a completely voluntary thing that must be chosen Read more…
But Wait!!! A Simple calculator does not tell the whole story. Here is a guide to understanding your pension to make sure you can maximize it. For most federal employees, your pension is a big part of your retirement. It is fixed income for the rest of your life. And that Read more…
