“Should I Sign Up for Medicare Part B?”
“I plan to retire in the next few months from USPS and take my health insurance with me. I am debating signing up for Medicare
“Where do I go to obtain the precise rules about ROTH IRA’s as they pertain to me? I am 55 and working as a Federal Employee and already contribute to the TSP ROTH and a ROTH IRA. I would like to know how the rules change at 59 1/2 with contributions.” – Kim
We have had a tremendous amount of questions from Federal Employees about participating in ROTHs, whether it be in the TSP or the private sector
“Can you have a Roth TSP and a Roth IRA?”
The Thrift Savings Plan (TSP) was created under the Federal Employee’s Retirement System Act of 1986 for federal employees and members of the uniformed services.
Are HSA’s Use or Lose?
HSA Plan Basics Health Savings Plans (HSA) are a powerful savings tool that could work in conjunction with your health plan if you participate in
FFFC – “When Should I Sign Up for Medicare?”
We receive a lot of questions from Federal Employees about when they should enroll in Medicare. Medicare is a nationally run health insurance program for
FFFC – “Is my HR retirement estimate always correct?”
“Always” Generally, an estimate from your Human Resources (HR) Department on your Federal Employee Retirement System (FERS) benefits is a good source of information for
“I will likely have 5 years of federal service soon. Assuming an average 3 years of $185k, would I be able to take a pension after 5 years and what would be the estimated amount of the pension? Is the pension subject to income taxes if I am 59 when I retire?” – Nick
Nick poses a great question worth exploring a little more in depth. The question asks about how several variables in the Federal Retirement System work
Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA @ 56 (but will not be 59 1/2)
“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA
“I have been using the regular TSP, and I am now 5+ years away from retirement. Should I change my allocations to contribute to the ROTH TSP?”
Traditional vs Roth TSP Understanding the difference between contributions to the Traditional vs Roth TSP is critical to long term financial planning. Before we dive
“As a Federal Employee, how much money can I put into my ROTH?”
Without a doubt since its inception in 1997, the ROTH retirement account has gained tremendous popularity. Named after the Delaware Senator, William Roth, under
“When Is It Too Late to Make Large TSP Contributions?”
One of the great questions that we get from people over age 50 is whether or not it is too late to really take advantage
“How can I convert some of my TSP dollars into my ROTH?”
One of the questions that Federal Employees frequently ask us is how they can convert some of their Thrift Savings Plan (TSP) dollars into the
