https://youtu.be/L4vx01Z-tNg Question At age 60 would I have to take out a TSP annuity to get the “annuity supplement”? Answer Great question. I believe the question stems from a confusion in the words we are using for the different benefits. The FERS pension that many FERS get is the Read more…
https://youtu.be/qSzbLLWZINw Knowing how much money you need to retire comfortably is often a difficult question to answer. There are a lot of opinions on the internet which can make it very difficult for the average joe to know what advice to follow. Recently I came across Dave Ramsey’s Read more…
https://youtu.be/qsCnFljfQZA Question 1: At age 57, I’ll have 34 years of service. Can I retire at 57 (my MRA), receive the FERS Supplement, and use a 1.1% multiplier or just 1%? Answer 1: No you cannot get a 1.1% multiplier if you retire before age 62. To be eligible for Read more…
https://youtu.be/k7ce1qkYYFk Question 1: Thanks for all your advice on Federal retirement. You provide the best advice I’ve heard, and I am letting my colleagues know. Here is my question: What is the role of Federal Long Term Care Insurance Program (FLTCIP) in a federal retirement? How does this program compare Read more…
https://youtu.be/LjQmeadsJhg With many things in life, when it rains it pours. The same is true for federal employees retiring. Everyone wants to leave at the same time. In 2020, almost 30% of all retirement applications were received by OPM in the first 2 months of the year. Up Read more…
With more than 30% of all federal employees having some sort of military time, knowing if you should buy back your service time is more important than ever. And I have seen how this one decision can make a dramatic difference in when and how federal employees can retire. Read more…
Question 1 Just found your page and it looks really helpful. I am stuck in a retirement training through my agency and it is useless. So started googling and found your articles. Do you have any articles on how to retire long before your MRA (40s/50s)? Along the lines of Read more…
Your TSP is an incredibly important part of your retirement plan. It is often the only type of your retirement income that you can directly control. While your pension and Social Security are important as well, they are pretty much fixed once you retire. Your TSP offers flexibility Read more…
https://youtu.be/3varQrmIPn8 Question 1: How does Social Security Spousal benefits work for feds? Question 2: I work for VA. My first year of employment was as an intermittent Nurse. Does this count as part of my years of service! Also, if I have 10 years of service and my MRA, Read more…
https://youtu.be/2L_Cu4o2Pzo Question: I just discovered your podcast in January and I’m so glad I did. I hope you don’t mind me addressing you by your first name, it’s just that you are so personable in your podcasts that it’s like we’ve become friends. 🙂 Your enthusiasm and passion for helping Read more…
