https://youtu.be/K3OiTOTq7h8 Getting money into your TSP is the easy part, but getting it out without getting killed in taxes is much harder. Today, we’re going to look at how one federal employee saved over $184,000 in taxes—not through magic, but by simply knowing how to manage their TSP in a Read more…
https://youtu.be/ysCozAOwt6k For the vast majority of federal employees, the traditional Thrift Savings Plan (TSP) is the cornerstone of their retirement savings. While this has provided incredible tax deferral during a federal career, it also means a good chunk of that money is not truly yours—it belongs to the IRS. They Read more…
https://youtu.be/ANnFuVaNAiI You’ve worked hard to earn your benefits—now it’s time to make sure you keep more of them. After working with thousands of federal employees over the years, one of the biggest regrets we hear is, “I wish I had started these tax-saving strategies earlier.” The good news? Whether you’re Read more…
https://youtu.be/2hWCgU7QjlY As a federal employee, you’ve dedicated years or even decades of service to your country, and along the way, you’ve built a significant nest egg through your Thrift Savings Plan (TSP), pension, and other benefits. But as many of the federal employees we’ve worked with have learned—often too late—saving Read more…
As a federal employee, planning for retirement includes understanding how to manage taxes effectively. Whether you are currently working or retired, implementing smart tax strategies can help you keep more of your hard-earned money. This guide outlines some of the best tax-saving strategies for federal employees, with a particular focus Read more…
One of the most critical yet often overlooked decisions in retirement planning is the order in which you withdraw funds from your Thrift Savings Plan (TSP). The topic we will be covering will go over withdrawal strategies if you have both traditional and Roth TSP money. The strategy you choose Read more…
Social Security benefits provide an important source of income for many Americans in retirement, and most federal employees are no exception. However, while most federal employees’ Social Security benefits are calculated in the same way as those for private-sector workers, there are some unique nuances to consider. This article will 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…
Required Minimum Distributions (RMDs) can be a significant consideration for federal employees nearing retirement. At first glance, the RMD rules may appear daunting. RMDs are mandatory withdrawals from retirement accounts starting at a certain age, with tax implications that could potentially alter a retirement plan. However, with proactive planning and 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…
