An Overview of FERS & CSRS SurvivorshipDifferences between the two retirement systems’ benefitsQualifying relativesCost of electing benefitsWhat forms should be filled out to ensure qualifying relatives receive the survivorshipOther Information for FERS & CSRS AnnuitantsSpousal Survivor annuities (including former spouses)Cost to give an insurable interest survivor annuityInformation about the basic employee death benefitChild an...

An Overview of Financial Planning for Federal EmployeesSetting goalsPractical considerationsProjecting future income needsHow much money will you need saved when you retire?How do your retirement benefits come into play?The Retirement “Tripod”CSRS and FERS annuities, plus military pensionsSocial Security benefitsTSP, IRAs, and other savings/investmentsEd thoroughly explores all 3 components! Other Information to ConsiderHealth Insu...

An Overview of FERS & Different Types of RetirementTypes of service used for determining eligibility to retire under FERSEmployee and agency contributions to FERSMilitary service and temporary timeThe FERS annuity computationMinimum age and service requirementsEarly retirementDeferred retirement and “postponed” retirementUnderstanding the Annuity ComputationAmount of an annuityLength of service and unused sick leaveHigh-3 avera...

An Overview of Life Insurance for Federal EmployeesGroup Life, including the Federal Employee Group Life Insurance Plan (FEGLI), and individual like policies from private companies, with information about term life insurance versus permanent or whole life insurance Understanding the FEGLI PlanIn depth education about FEGLI Basic, and Options A, B, and C- including considerations all feds should make about FEGLI when approaching retirement Othe...

An Overview of Early Retirement for Federal Employees, to include: RIF protocolsUnderstanding the Voluntary Early Retirement Authority (VERA) and how it applies to FERS employeesUnderstanding VSIPsUnderstanding Discontinued Service Retirement and how it impacts FERS employeesEligibility requirements and how to determine if you're eligible for early retirement through one of these methodsHow your pension is calculated and what to expect in bene...

An Overview of How Federal Benefits are TaxedFERS AnnuityCSRS AnnuityTSP Withdrawals from both Traditional and Roth TSP accountsSurvivor BenefitsEd reviews how the IRS treats each of these items for Federal Employees. Other Tax Planning Topics to ConsiderThe taxation of Social Security Benefits, how much the state you live in impacts your net amount of income, and which states have the highest and lowest property tax rates The 2017 Tax LawHow...

An Overview of CSRS & Different Types of RetirementTypes of service used for determining eligibility to retire under CSRSEmployee and agency contributions to CSRSMilitary service and temporary timeThe CSRS annuity computationMinimum age and service requirementsEarly retirement and deferred retirementUnderstanding the Annuity ComputationAmount of an annuityLength of service and unused sick leaveHigh-3 average salaryEffective date of your an...

An Overview of the Thrift Savings Plan (TSP)Contributions and how they work, including limits and getting the biggest matchWays to maximize tax savingsThe main differences between Roth and Traditional TSP accountsUnderstanding the Different FundsAn overview of the five main TSP funds (G, F, C, S, & I) and the Lifecycle (or “L” Funds), plus tips for developing an effective investment strategy that matches your time horizon, risk...

An Overview of the 4 Types of Social Security BenefitsRetirement, disability, survivor, MedicareEligiblity requirements for each type,How the amounts are calculatedHow they apply to the financial plans of federal employees, both FERS and CSRS employeesUnderstanding the Common PitfallsThe Windfall Elimination Program for CSRSEarnings TestSpecial Retirement Supplement for FERSGovernment Pension Offsets (GPO)How the benefits are taxedInformation...

An Overview of FERS for Special Provision EmployeesJob classificationsTypes of Retirement PlansMandatory Payroll WithholdingsInformation on the TSPRetirement PlanningMilitary ServiceCalculating Your FERS AnnuityRedeposits and DepositsMinimum Retirement AgesSick and Annual LeaveCalculating Years of ServiceHigh-3 Average SalaryOther Information for FERS Workers with Special ProvisionsThe Special Retirement SupplementBest times to retireCOLAs......