Protecting Your Pension: How to Spot a Scam as a Federal Employee
https://youtu.be/AH8GKsjrlSQ The more confident you are that you won’t be scammed, the more vulnerable you are. Scammed, Phished, Hacked, or Conned… isn’t just for the vulnerable population anymore. It’s happening with higher intensity levels than we have ever seen before. While there is never a “foolproof” method of avoiding being victimized, there are a few […]
Is It Possible to Access Your FERS Supplement Early?
Is it possible to request a waiver to access the FERS Supplement two years early? My wife has 32/33 years but only turns 55 in August. Thanks. – Fred https://youtu.be/CdXnpGn13o4 The Federal Employees Retirement System (FERS) Supplement is a valuable benefit for federal employees who retire before becoming eligible for Social Security at age 62. […]
#128 Why “Buy and Hold” Doesn’t Always Work?
Listen to the Full Episode: Is “buy and hold” really the best strategy for retirement investing? In this podcast episode, Micah and Christian explore why this popular approach might not hold up—especially in retirement. They explain how inflation, market downturns, and income needs require a more flexible investment strategy. You’ll learn to build a written […]
Can You Delay Your Annuity and Still Keep FEHB Coverage?
Thank you for your wonderful and helpful videos on postponed retirement. The one question I have remaining is – I understand that if I retire at MRA and 10 that I cannot take my annuity without penalty until I am 62. Is there an option to continue with health benefits at time of resignation and […]
#127 Avoiding Tax Traps: What Every Federal Employee Should Know
Listen to the Full Episode: Think you know how your FERS pension, Social Security, or military retirement will be taxed? Think again. In this episode, Micah and Floyd break down the tax pitfalls federal employees often overlook—like unexpected withholding issues, taxable income from multiple sources, and the impact of rental property depreciation. They share real […]
Transferring TSP to IRA: Withdrawal Rules
First, I have listened to your podcast for year,s and it has been a wealth of information. Thank you. Now for my question…I am a 54 year old federal law enforcement officer. I plan to retire in June after 33 years of service. My plan was always to transfer my TSP to an IRA so […]
#126 Choosing Your Perfect Retirement Date: The Ultimate Checklist
Listen to the Full Episode: What does retirement really look like beyond the financials? In this podcast episode, Micah and Floyd discuss what life is like after retirement, focusing on more than just finances. They cover essential topics such as planning your daily routine, staying active, considering relocation, and having conversations with your spouse. The […]
Keeping Health Costs Low in Retirement: FEHB or Medicare Part B?
I’m 65 now, still working usps, when I retire in 1 to 2 years, I’m interested in keeping monthly health insurance down. Is it more cost effective to keep fehb only, or get Medicare part b. I know best would be both, but I want to keep monthly cost low. – Damian https://youtu.be/nOHQqhAzBV8 As a federal […]
MARKETS ARE FALLING! – What are YOUR rules on investing?
Every Investor should have their “Rules on Investing” in place for times of “market volatility and turmoil.” Times like this, I am often reminded of the old adage: The first rule of investing? Don’t lose money. And the second rule? Don’t forget the first. Those words, famously attributed to Warren Buffett, are echoing a little […]
#125 Tax Time Survival: How Federal Employees Can Get Ahead
Listen to the Full Episode: Tax season can be overwhelming, but federal employees can stay ahead with the right strategies. In this podcast episode, Micah and Christian break down essential tax planning techniques, including the importance of estimated tax payments, understanding tax brackets, and how to avoid common pitfalls. Discover how proactive tax planning can […]
Preparing for Postponed Retirement: What You Need To Do?
Yes, good morning. Jeff here, wondering about having a postponed retirement. When the paperwork needs to be filled out, if I want to start that postponed retirement 2 years from now and I am actively working for the government now, when I walk out the door, if I do not have all that paperwork already […]
#124 TSP Benefits: What You Need to Know Before Retiring
Listen to the Full Episode: It’s crucial to evaluate your TSP decisions as you approach retirement. Understanding the various benefits associated with your TSP can significantly impact your financial future. In this podcast episode, Micah and Tammy delve into important topics regarding TSP withdrawals, available distribution options, and the associated tax implications. They provide insights […]