High-3 Calculation Confusion: Different Work Periods And FERS Multipliers
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your
Listen to the Full Episode: Join Tammy and Micah, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring
Listen to the Full Episode: Federal employees can use various calculators to estimate their FERS benefits, but accurate documentation and proper completion of estate planning
Listen to the Full Episode: Are you ready to take control of your retirement finances? Your current spending habits could shape your future retirement lifestyle
How do I calculate my high three? I was a FERS employee from 1991-2000 then returned to FERS in 2022. I am 58 with a
Hi! Love your podcasts and videos! I’m having a hard time figuring out my best dates and options for retiring soon. I’m trying to determine
Listen to the Full Episode: There are a lot of complexities in federal retirement benefits and retirement planning. Let’s unravel the key aspects and pitfalls
“Hello, Will OPM issue me a personal FERS Benefits Summary upon request (i.e., similar to the personalized benefit summary issued by Social Security) based on
“Can I take out a loan towards my FERS contributions? I’m a federal employee and no where close to retirement. Would it work like the
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the importance of retirement planning and the use
Listen to the Full Episode: It’s time to get invaluable insights from cash flow considerations to navigating the intricate rules of the Federal Employees Retirement
“What happens to a surviving spouse if an employee dies while working, but that employee was also in the process of buying back military time?
Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift
“If I started in the NAF system in 1996 and then converted to GS in 2008 we were told it would count towards retirement. From
“I am in the process of divorcing (prior to my federal retirement). I am considering agreeing to providing my soon to be ex-spouse partial survivor
Listen to the Full Episode: Christian Sakamoto joins the show again today to help answer some of the top questions we get from people who
Listen to the Full Episode: Sometimes there are misconceptions we have that lead to big mistakes before retirement—and they all stem from one main problem.
Answering your questions about military buy back. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
The question of whether to buy back military time is something that affects a lot of people. This episode features Christian Sakamoto, a great advisor
“Greetings, I am retired from the Army after 20 years as a Staff Sergeant. I am currently a GS 14 with 11 years under FERS.
“How do I know when it’s worth it to withdraw (refund) my FERS contribution when I leave the Fed workforce? if I have less than
“I have about 1,300 hours of sick leave. What is the best advice on what to do with those hours as retirement nears for me?
As a Federal Employee, your High-3 average salary refers to the average of the highest three consecutive years of base pay earned. This is calculated
Action items for maximizing your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
More and more federal employees are thinking about retiring at the end of the year, and while we’ve already gone over the best times to
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
I researched the cost of life insurance and purchased a 20 year fixed plan that costs less than half what FEGLI will for me starting
How to properly plan for the day of your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
With more retirement planning and with every year that retirement gets closer, the question is often asked, “What day is best to retire?” Tammy and
FERS Retirement Information The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate. Your benefits as
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
“… I recently went over the max earnings on my supplement and when I filled the form out in early June it is expected
“My husband wants to retire and he has been at the USPS and was always told he gets 60% of his basepay and the more
To have a comfortable and enjoyable retirement, you need a financial safety net to fund it all. So when you are planning for the rest
Welcome to the Plan Your Federal Retirement Podcast, where Certified Financial Planner Micah Shilanski and Principal Retirement Specialist Tammy Flanagan come together to ensure you
“Does “MRA plus 10” apply to my situation?, and if so, what would be my monthly Pension amount be if I put in for
“Can I be on the safe side to estimate my retirement deductions for FEHB, and Life Insurance by using the amount that is being deducted
One of the most frequent questions that we receive from FERS Employees is how do they apply for the FERS Supplement. If you searched
CSRS Voluntary Contributions Transfer to a Roth IRA While the CSRS VCP program was originally designed to allow CSRS to put more money in and
You need to know your FERS MRA to find out if you are eligible for different types of FERS retirement. Your Minimum Retirement Age will range
FERS Retirement with 10% Bonus:Higher Pension for Age 62 & 20 Years Some people who qualify for regular FERS retirement will also qualify for a
There are two main types of FERS Early Retirement. One is MRA+10 Retirement – which we’ll be discussing here. Another type of Early FERS Retirement
The SF 50 is the official form the government uses to determine your retirement eligibility and to calculate your federal retirement pension. If there is
When you take a FERS Retirement – you’ll receive a monthly pension for the rest of your life. How do you calculate this amount? First
New legislation means that Alaska COLA is being phased out, and the New Alaska Locality Pay Rate is being phased in. Federal Employees in Non-Foreign
Take Home Pay Concerns & Hidden Tax Increases The transition from COLA to Locality Pay for Federal Employees in Alaska, Hawaii and U.S. Territories brings
Retirement Planning for Federal Employees is Different Retirement planning for federal employees is unique. As a Federal Employee, you know you have one of the
Planning your federal retirement? You need to know that Federal Employees have unique financial planning needs that most generic financial planning doesn’t address. One of
Be prepared! Your Federal Pension check is usually delayed. Even if you have turned in all of your paperwork on time – in does not
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your
Listen to the Full Episode: Join Tammy and Micah, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring
Listen to the Full Episode: Federal employees can use various calculators to estimate their FERS benefits, but accurate documentation and proper completion of estate planning
Listen to the Full Episode: Are you ready to take control of your retirement finances? Your current spending habits could shape your future retirement lifestyle
How do I calculate my high three? I was a FERS employee from 1991-2000 then returned to FERS in 2022. I am 58 with a
Hi! Love your podcasts and videos! I’m having a hard time figuring out my best dates and options for retiring soon. I’m trying to determine
Listen to the Full Episode: There are a lot of complexities in federal retirement benefits and retirement planning. Let’s unravel the key aspects and pitfalls
“Hello, Will OPM issue me a personal FERS Benefits Summary upon request (i.e., similar to the personalized benefit summary issued by Social Security) based on
“Can I take out a loan towards my FERS contributions? I’m a federal employee and no where close to retirement. Would it work like the
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the importance of retirement planning and the use
Listen to the Full Episode: It’s time to get invaluable insights from cash flow considerations to navigating the intricate rules of the Federal Employees Retirement
“What happens to a surviving spouse if an employee dies while working, but that employee was also in the process of buying back military time?
Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift
“If I started in the NAF system in 1996 and then converted to GS in 2008 we were told it would count towards retirement. From
“I am in the process of divorcing (prior to my federal retirement). I am considering agreeing to providing my soon to be ex-spouse partial survivor
Listen to the Full Episode: Christian Sakamoto joins the show again today to help answer some of the top questions we get from people who
Listen to the Full Episode: Sometimes there are misconceptions we have that lead to big mistakes before retirement—and they all stem from one main problem.
Answering your questions about military buy back. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
The question of whether to buy back military time is something that affects a lot of people. This episode features Christian Sakamoto, a great advisor
“Greetings, I am retired from the Army after 20 years as a Staff Sergeant. I am currently a GS 14 with 11 years under FERS.
“How do I know when it’s worth it to withdraw (refund) my FERS contribution when I leave the Fed workforce? if I have less than
“I have about 1,300 hours of sick leave. What is the best advice on what to do with those hours as retirement nears for me?
As a Federal Employee, your High-3 average salary refers to the average of the highest three consecutive years of base pay earned. This is calculated
Action items for maximizing your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
More and more federal employees are thinking about retiring at the end of the year, and while we’ve already gone over the best times to
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
I researched the cost of life insurance and purchased a 20 year fixed plan that costs less than half what FEGLI will for me starting
How to properly plan for the day of your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
With more retirement planning and with every year that retirement gets closer, the question is often asked, “What day is best to retire?” Tammy and
FERS Retirement Information The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate. Your benefits as
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
“… I recently went over the max earnings on my supplement and when I filled the form out in early June it is expected
“My husband wants to retire and he has been at the USPS and was always told he gets 60% of his basepay and the more
To have a comfortable and enjoyable retirement, you need a financial safety net to fund it all. So when you are planning for the rest
Welcome to the Plan Your Federal Retirement Podcast, where Certified Financial Planner Micah Shilanski and Principal Retirement Specialist Tammy Flanagan come together to ensure you
“Does “MRA plus 10” apply to my situation?, and if so, what would be my monthly Pension amount be if I put in for
“Can I be on the safe side to estimate my retirement deductions for FEHB, and Life Insurance by using the amount that is being deducted
One of the most frequent questions that we receive from FERS Employees is how do they apply for the FERS Supplement. If you searched
CSRS Voluntary Contributions Transfer to a Roth IRA While the CSRS VCP program was originally designed to allow CSRS to put more money in and
You need to know your FERS MRA to find out if you are eligible for different types of FERS retirement. Your Minimum Retirement Age will range
FERS Retirement with 10% Bonus:Higher Pension for Age 62 & 20 Years Some people who qualify for regular FERS retirement will also qualify for a
There are two main types of FERS Early Retirement. One is MRA+10 Retirement – which we’ll be discussing here. Another type of Early FERS Retirement
The SF 50 is the official form the government uses to determine your retirement eligibility and to calculate your federal retirement pension. If there is
When you take a FERS Retirement – you’ll receive a monthly pension for the rest of your life. How do you calculate this amount? First
New legislation means that Alaska COLA is being phased out, and the New Alaska Locality Pay Rate is being phased in. Federal Employees in Non-Foreign
Take Home Pay Concerns & Hidden Tax Increases The transition from COLA to Locality Pay for Federal Employees in Alaska, Hawaii and U.S. Territories brings
Retirement Planning for Federal Employees is Different Retirement planning for federal employees is unique. As a Federal Employee, you know you have one of the
Planning your federal retirement? You need to know that Federal Employees have unique financial planning needs that most generic financial planning doesn’t address. One of
Be prepared! Your Federal Pension check is usually delayed. Even if you have turned in all of your paperwork on time – in does not
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your
Listen to the Full Episode: Join Tammy and Micah, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring
Listen to the Full Episode: Federal employees can use various calculators to estimate their FERS benefits, but accurate documentation and proper completion of estate planning
Listen to the Full Episode: Are you ready to take control of your retirement finances? Your current spending habits could shape your future retirement lifestyle
How do I calculate my high three? I was a FERS employee from 1991-2000 then returned to FERS in 2022. I am 58 with a
Hi! Love your podcasts and videos! I’m having a hard time figuring out my best dates and options for retiring soon. I’m trying to determine
Listen to the Full Episode: There are a lot of complexities in federal retirement benefits and retirement planning. Let’s unravel the key aspects and pitfalls
“Hello, Will OPM issue me a personal FERS Benefits Summary upon request (i.e., similar to the personalized benefit summary issued by Social Security) based on
“Can I take out a loan towards my FERS contributions? I’m a federal employee and no where close to retirement. Would it work like the
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the importance of retirement planning and the use
Listen to the Full Episode: It’s time to get invaluable insights from cash flow considerations to navigating the intricate rules of the Federal Employees Retirement
“What happens to a surviving spouse if an employee dies while working, but that employee was also in the process of buying back military time?
Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift
“If I started in the NAF system in 1996 and then converted to GS in 2008 we were told it would count towards retirement. From
“I am in the process of divorcing (prior to my federal retirement). I am considering agreeing to providing my soon to be ex-spouse partial survivor
Listen to the Full Episode: Christian Sakamoto joins the show again today to help answer some of the top questions we get from people who
Listen to the Full Episode: Sometimes there are misconceptions we have that lead to big mistakes before retirement—and they all stem from one main problem.
Answering your questions about military buy back. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
The question of whether to buy back military time is something that affects a lot of people. This episode features Christian Sakamoto, a great advisor
“Greetings, I am retired from the Army after 20 years as a Staff Sergeant. I am currently a GS 14 with 11 years under FERS.
“How do I know when it’s worth it to withdraw (refund) my FERS contribution when I leave the Fed workforce? if I have less than
“I have about 1,300 hours of sick leave. What is the best advice on what to do with those hours as retirement nears for me?
As a Federal Employee, your High-3 average salary refers to the average of the highest three consecutive years of base pay earned. This is calculated
Action items for maximizing your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
More and more federal employees are thinking about retiring at the end of the year, and while we’ve already gone over the best times to
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
I researched the cost of life insurance and purchased a 20 year fixed plan that costs less than half what FEGLI will for me starting
How to properly plan for the day of your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
With more retirement planning and with every year that retirement gets closer, the question is often asked, “What day is best to retire?” Tammy and
FERS Retirement Information The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate. Your benefits as
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
“… I recently went over the max earnings on my supplement and when I filled the form out in early June it is expected
“My husband wants to retire and he has been at the USPS and was always told he gets 60% of his basepay and the more
To have a comfortable and enjoyable retirement, you need a financial safety net to fund it all. So when you are planning for the rest
Welcome to the Plan Your Federal Retirement Podcast, where Certified Financial Planner Micah Shilanski and Principal Retirement Specialist Tammy Flanagan come together to ensure you
“Does “MRA plus 10” apply to my situation?, and if so, what would be my monthly Pension amount be if I put in for
“Can I be on the safe side to estimate my retirement deductions for FEHB, and Life Insurance by using the amount that is being deducted
One of the most frequent questions that we receive from FERS Employees is how do they apply for the FERS Supplement. If you searched
CSRS Voluntary Contributions Transfer to a Roth IRA While the CSRS VCP program was originally designed to allow CSRS to put more money in and
You need to know your FERS MRA to find out if you are eligible for different types of FERS retirement. Your Minimum Retirement Age will range
FERS Retirement with 10% Bonus:Higher Pension for Age 62 & 20 Years Some people who qualify for regular FERS retirement will also qualify for a
There are two main types of FERS Early Retirement. One is MRA+10 Retirement – which we’ll be discussing here. Another type of Early FERS Retirement
The SF 50 is the official form the government uses to determine your retirement eligibility and to calculate your federal retirement pension. If there is
When you take a FERS Retirement – you’ll receive a monthly pension for the rest of your life. How do you calculate this amount? First
New legislation means that Alaska COLA is being phased out, and the New Alaska Locality Pay Rate is being phased in. Federal Employees in Non-Foreign
Take Home Pay Concerns & Hidden Tax Increases The transition from COLA to Locality Pay for Federal Employees in Alaska, Hawaii and U.S. Territories brings
Retirement Planning for Federal Employees is Different Retirement planning for federal employees is unique. As a Federal Employee, you know you have one of the
Planning your federal retirement? You need to know that Federal Employees have unique financial planning needs that most generic financial planning doesn’t address. One of
Be prepared! Your Federal Pension check is usually delayed. Even if you have turned in all of your paperwork on time – in does not
Hi. I have congressional experience and a break in service and I have just retired to the executive branch and I was wondering how the
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream? Understanding your spending goals and determining your
Listen to the Full Episode: Join Tammy and Micah, as they share their insights on navigating retirement preparation, avoiding common mistakes with OPM, and ensuring
Listen to the Full Episode: Federal employees can use various calculators to estimate their FERS benefits, but accurate documentation and proper completion of estate planning
Listen to the Full Episode: Are you ready to take control of your retirement finances? Your current spending habits could shape your future retirement lifestyle
How do I calculate my high three? I was a FERS employee from 1991-2000 then returned to FERS in 2022. I am 58 with a
Hi! Love your podcasts and videos! I’m having a hard time figuring out my best dates and options for retiring soon. I’m trying to determine
Listen to the Full Episode: There are a lot of complexities in federal retirement benefits and retirement planning. Let’s unravel the key aspects and pitfalls
“Hello, Will OPM issue me a personal FERS Benefits Summary upon request (i.e., similar to the personalized benefit summary issued by Social Security) based on
“Can I take out a loan towards my FERS contributions? I’m a federal employee and no where close to retirement. Would it work like the
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the importance of retirement planning and the use
Listen to the Full Episode: It’s time to get invaluable insights from cash flow considerations to navigating the intricate rules of the Federal Employees Retirement
“What happens to a surviving spouse if an employee dies while working, but that employee was also in the process of buying back military time?
Listen to the Full Episode: You’ve been working and saving and planning for your retirement. And when you retire, you go through a psychological shift
“If I started in the NAF system in 1996 and then converted to GS in 2008 we were told it would count towards retirement. From
“I am in the process of divorcing (prior to my federal retirement). I am considering agreeing to providing my soon to be ex-spouse partial survivor
Listen to the Full Episode: Christian Sakamoto joins the show again today to help answer some of the top questions we get from people who
Listen to the Full Episode: Sometimes there are misconceptions we have that lead to big mistakes before retirement—and they all stem from one main problem.
Answering your questions about military buy back. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
The question of whether to buy back military time is something that affects a lot of people. This episode features Christian Sakamoto, a great advisor
“Greetings, I am retired from the Army after 20 years as a Staff Sergeant. I am currently a GS 14 with 11 years under FERS.
“How do I know when it’s worth it to withdraw (refund) my FERS contribution when I leave the Fed workforce? if I have less than
“I have about 1,300 hours of sick leave. What is the best advice on what to do with those hours as retirement nears for me?
As a Federal Employee, your High-3 average salary refers to the average of the highest three consecutive years of base pay earned. This is calculated
Action items for maximizing your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
More and more federal employees are thinking about retiring at the end of the year, and while we’ve already gone over the best times to
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
I researched the cost of life insurance and purchased a 20 year fixed plan that costs less than half what FEGLI will for me starting
How to properly plan for the day of your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
With more retirement planning and with every year that retirement gets closer, the question is often asked, “What day is best to retire?” Tammy and
FERS Retirement Information The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate. Your benefits as
What is my FERS contribution? Depending on your start date, your contribution will be either be 0.8%, 3.1%, or 4.4% to FERS. The chart below
How is my benefit calculated? In order to calculate your FERS pension, you will need to know your creditable years of service as well as
Does it make sense to stay a full thirty years in the federal government just to receive a better pension? Ten years (or more) before
“… I recently went over the max earnings on my supplement and when I filled the form out in early June it is expected
“My husband wants to retire and he has been at the USPS and was always told he gets 60% of his basepay and the more
To have a comfortable and enjoyable retirement, you need a financial safety net to fund it all. So when you are planning for the rest
Welcome to the Plan Your Federal Retirement Podcast, where Certified Financial Planner Micah Shilanski and Principal Retirement Specialist Tammy Flanagan come together to ensure you
“Does “MRA plus 10” apply to my situation?, and if so, what would be my monthly Pension amount be if I put in for
“Can I be on the safe side to estimate my retirement deductions for FEHB, and Life Insurance by using the amount that is being deducted
One of the most frequent questions that we receive from FERS Employees is how do they apply for the FERS Supplement. If you searched
CSRS Voluntary Contributions Transfer to a Roth IRA While the CSRS VCP program was originally designed to allow CSRS to put more money in and
You need to know your FERS MRA to find out if you are eligible for different types of FERS retirement. Your Minimum Retirement Age will range
FERS Retirement with 10% Bonus:Higher Pension for Age 62 & 20 Years Some people who qualify for regular FERS retirement will also qualify for a
There are two main types of FERS Early Retirement. One is MRA+10 Retirement – which we’ll be discussing here. Another type of Early FERS Retirement
The SF 50 is the official form the government uses to determine your retirement eligibility and to calculate your federal retirement pension. If there is
When you take a FERS Retirement – you’ll receive a monthly pension for the rest of your life. How do you calculate this amount? First
New legislation means that Alaska COLA is being phased out, and the New Alaska Locality Pay Rate is being phased in. Federal Employees in Non-Foreign
Take Home Pay Concerns & Hidden Tax Increases The transition from COLA to Locality Pay for Federal Employees in Alaska, Hawaii and U.S. Territories brings
Retirement Planning for Federal Employees is Different Retirement planning for federal employees is unique. As a Federal Employee, you know you have one of the
Planning your federal retirement? You need to know that Federal Employees have unique financial planning needs that most generic financial planning doesn’t address. One of
Be prepared! Your Federal Pension check is usually delayed. Even if you have turned in all of your paperwork on time – in does not