Retirement Planning
Q&A: Can I Move My TSP to an IRA Before Retirement?
https://youtu.be/08zAVm8i3nU Question 1 I have maxed my contributions in the TSP and a ROTH IRA and I am blessed to have money left over. Where should I be putting that money so that it continues to work for me? Answer 1 If your spouse has a 401k or IRA Read more…
Retirement Planning
Q&A: Should I Wait To Retire Until After Step Increase?
https://youtu.be/UuNT_HFvYUE Question 1 I retired and I want to make sure that my annuity is correct because my calculations don’t match the results from OPM. I calculated my pension to be $3,451.66 per month before tax and deductions. However, they calculated it to come out to $3,123 per month. Read more…
Retirement Planning
How To Pick Your Federal Retirement Date & 3 Common Mistakes
https://youtu.be/Rt6ZL6hVo5c Picking a retirement date may seem arbitrary but can certainly make a big difference on how your retirement goes. This guide will help you finish strong by picking the right retirement date that makes sense for you. How To Pick Your Federal Retirement Date There are Read more…
Insurance
Q&A: Should I Replace My FERS Survivor Benefit with Life Insurance?
https://youtu.be/ZnD5mIcTna0 Question 1 I have worked for CPB (Customs and Border Protection) for 15 years and my wife has been on my health care plan since the beginning. But now she is going to start working at the Post Office. I am 50 and she is 57. I want to Read more…
Retirement Planning
Federal Employee Retiring Within 5 Years? Don’t Miss These 5 Things
Are you planning to retire from the federal government within 5 years? If so, then it is crunch time to make sure everything is squared away for a great retirement Here are 5 things that you need to know/do to be prepared. Make Sure You Can Keep Read more…
Retirement Planning
3 Ways Federal Employees Can Retire Early (And The Downsides To Watch Out For)
https://youtu.be/9QSWFIyae8U Do you want to retire early or at least have the option to retire early? If so, you are not alone. Many studies are now showing that many Americans want to retire earlier than ever. But as a federal employee, is early retirement even possible? Read more…
Retirement Planning
Federal Employee FERS Retirement Benefits 101
It is common to hear that as a federal employee, “you must have a great retirement, right?” But what does that mean? And what benefits are included in this ‘great retirement’? There are really 7 separate benefits that you (can) have and this article breaks down what Read more…
FEHB
Q&A: How To Avoid Medicare Income Penalties
https://youtu.be/r7BzlRd4IWQ Question 1 So I just retired under voluntary immediate retirement. I took a position with another company and am wondering if there will be an effect on my FERS supplement payment? Answer 1 If you are working at a job or your own business then that income can certainly Read more…
Retirement Planning
Q&A: Will My Spouse’s Income Decrease My FERS Supplement and Social Security?
https://youtu.be/vCGCHYhL1B0 Question 1 Can I retire at 57 (MRA+10), Postpone my pension until 62 and still be able to get around the 10% penalty for early withdrawal from the TSP between 55-59 1/2? Answer 1 The short answer is yes. As long as you retire after the year Read more…