Question Hi. New subscriber here and now a regular viewer. What closing price do we get when we do an interfund transfer? Is it that day when we submit the interfund transfer request, or the next day? I kinda know the answer but I’m not so sure. Hope you can Read more…
Benjamin Franklin once said this now famous quote: “An ounce of prevention is worth a pound of cure”. In other words, planning ahead to prevent a problem is often way easier (and cheaper) than having to deal with it when the problem finally boils over and hits us square in Read more…
The TSP (Thrift Savings Plan) is an incredibly convenient and effective tool in building wealth. It allows employees to take money straight from their paychecks and invest it while also getting great tax advantages. If you invest in the traditional TSP (this is where most Fed’s money is at) Read more…
Question 1 Found your podcast and have been listening to it everyday on my mail route. You have answered SO many questions. Thank you. I will be 56 and have 30 years with the PO in 2023. If I start hitting my TSP at that time will I still Read more…
Question 1 Hi great channel! I will be retiring in March with 20 years of service under the law enforcement FERS and I am concerned because we are being told it’s going to take 6 months to receive even a partial FERS check and up to 12 months to receive Read more…
https://youtu.be/mgL13LuJJxo Question As always, thank you so much for your clear videos. For the most part you clear up the murky topic called retirement. My question is: I’m 59 and retiring this year and I have just sold my home. The proceeds of that sale went to pay off Read more…
Retirement accounts (TSP, IRA, 401k etc.) can be a great way to save money for retirement while also getting significant tax benefits. But with these benefits comes a number of rules that limit when and how you can access these funds. One of the most well known rules Read more…
https://youtu.be/DP6ITRdbZmQ Question Regarding employees who leave federal service before retiring: Can you tell us about the process for applying to receive a refund on FERS, yes FERS, contributions. Answer If you want to get a refund for your retirement contributions then you need to fill out SF 3106 and Read more…
