https://youtu.be/qjOn9AoH440 As a federal employee, you’ve worked hard to build your wealth — through diligent saving, long hours, and taking advantage of solid benefits like the Thrift Savings Plan (TSP), federal pensions, and high-quality health insurance. But here’s the truth: building wealth is only half the battle. The real Read more…
Many federal employees dream of retiring as early as possible while still enjoying the full range of their retirement benefits. The Federal Employees Retirement System (FERS) offers several pathways to retirement, each with its own qualifications and trade-offs. In this article, we’ll break down the key types of federal retirement Read more…
Federal employees enjoy some of the best retirement benefits available, but simply having access to these benefits is not enough. To ensure a comfortable and financially secure retirement, employees must understand these benefits and how to optimize them. This guide will help you navigate the three main sources of federal Read more…
Do you enjoy saving 30%-40% on medical expenses you’re already planning to pay for? If so, it’s time to take a closer look at Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA). These powerful tools can help federal employees reduce taxes while covering healthcare costs. However, understanding the Read more…
FEDVIP stands for Federal Employees Dental and Vision Insurance Program. The government’s FEDVIP program is not like the Federal Employees Health Benefits (FEHB) program. FEHB is a great deal for 99% of employees while dental/vision is not near as clean cut. Some Feds do not need dental/vision coverage while for Read more…
HR pension estimates are one of the most important documents that help you make sure you’re prepared for retirement. However, it is very common for these estimates to have mistakes. When federal employees rely on these estimates without checking them, they can run into big problems down the Read more…
Designated Beneficiaries The simplest way to specify who will receive a specific asset after your death is to add designated beneficiaries on that asset. These assets could include bank accounts, brokerage accounts, retirement accounts, life insurance policies, annuities, pensions plans, trusts, real estate, etc. The designated beneficiary will normally gain Read more…
One of the most stressful times in your federal career is when you transition from working to retirement. It’s important to avoid mistakes as you transition. Many federal employees realize they don’t have as much money as they thought they would. In this article we will discuss some things you Read more…
Is your goal for a federal retirement to maintain your current standard of living? What is it going to take to do that? Today, we’ll be talking about your FERS retirement benefits and whether they are enough for your comfort level. Net vs Net Most people have a Read more…
Is investing all your retirement money in the G fund a good idea? When and how much can I withdraw from the TSP and not run out of money in retirement? Should I put all my TSP money in a TSP annuity? In this article, we will Read more…
