#146 The COLA Mirage: Why Inflation Is Quietly Shrinking Your Retirement
Listen to the Full Episode: Inflation doesn’t always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA
Listen to the Full Episode: Inflation doesn’t always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA
Listen to the Full Episode: Retirement isn’t just about making your money last, it’s about using it wisely while you still can. In this
Listen to the Full Episode: As the year closes, federal employees can’t afford to miss critical planning opportunities that protect their retirement and avoid
Listen to the Full Episode: A year-end retirement review can be a valuable step for federal employees who want to better understand their benefits
Listen to the Full Episode: Year-end is one of the most strategic times for Federal Employees to review their financial picture, retirement timeline, and
Listen to the Full Episode: In this episode of Plan Your Federal Retirement, Jamie C. Shilanski, RFC®, talks about one of the most stressful
Listen to the Full Episode: Ever wonder what questions other federal employees are asking as they plan for retirement? In this special episode, we’re taking
Listen to the Full Episode: When it comes to money, the emotional impact is often overlooked, but it can ‘make or break’ a family’s financial
Listen to the Full Episode: Healthcare is one of the most important, and often most confusing, parts of retirement. For federal employees, the combination of
Listen to the Full Episode: Social Security is one of the most misunderstood parts of retirement planning. For federal employees and their families, it’s not
Listen to the Full Episode: Are you a year away from retirement? The final 12 months before you retire from federal service are some of
Listen to the Full Episode: What does real retirement readiness look like? In this episode, Micah is joined by his father and mentor, Floyd, to
Listen to the Full Episode: Facing the New Challenges of Federal Retirement: What 2025 Means for You Federal retirement in 2025 requires thoughtful consideration of
Listen to the Full Episode: Are today’s market swings making you nervous about your retirement? You’re not alone but the good news is, there are
Listen to the Full Episode: In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski and Christian Sakamoto dive deep into the relationship
Listen to the Full Episode: Is your financial plan ready for unexpected changes? In this episode, Micah and Jamie highlight the importance of taking charge
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
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,
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
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
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
Listen to the Full Episode: Understanding your TSP withdrawal options is essential for a successful retirement. In this podcast episode, Micah and Christian break down
Listen to the Full Episode: Estate planning involves more than just creating a will; it’s about ensuring financial security, protecting your loved ones, and
Listen to the Full Episode: Planning for the future involves understanding what happens to your benefits after you are no longer here. In this podcast
Listen to the Full Episode: Are you considering early retirement under VERA? Before you make a decision that could affect your benefits for years to
Are you a federal employee considering Voluntary Early Retirement Authority (VERA)? This comprehensive guide breaks down eligibility, benefits, and financial impacts, including how VERA affects your pension, health insurance (FEHB), and Thrift Savings Plan (TSP). Learn the key steps to avoid costly mistakes, understand your FERS Special Retirement Supplement, and maximize your retirement benefits.
🎙 Watch our YouTube Podcast for expert insights.
📚 Join our “Retire Right” On-Demand Class to make informed decisions.
Read now to take control of your federal retirement!
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits professional, my primary advice—though not intended to be self-serving—is
https://youtu.be/EQqQhWMzTKs Federal Employees need to know what to anticipate if they choose to accept the Deferred Resignation package issued January 2025 to civilian federal employees.
Listen to the Full Episode: What does a Reduction in Force (RIF) or job change mean for your federal benefits and retirement plans? These transitions
Listen to the Full Episode: What impacts will the latest tax law changes, Social Security projections, and market uncertainties have on your FERS retirement benefits
Listen to the Full Episode: Are you ready to unlock the secrets to a stronger TSP in 2025? In this podcast episode, Christian and John
Listen to the Full Episode: Ready for retirement but still trying to figure out what comes after the paycheck? In this podcast episode, Jamie and
Listen to the Full Episode: How can Qualified Charitable Distributions in Retirement help you give strategically and reduce taxes? In this podcast episode, Christian and
Listen to the Full Episode: Ready to secure your federal retirement? In this podcast episode, Micah and Christian discuss essential steps to secure your federal
Listen to the Full Episode: Navigating federal retirement benefits can be complex, but understanding FERS contribution rates is key. These rates determine your eligibility, pension
Listen to the Full Episode: Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings
Hello PYFR team! I love the podcast and appreciate it and all the resources you offer. My question is about taxes on the pay-out of
Listen to the Full Episode: It is time to discuss retirement planning, cash flow management, and potential retirement expenses! In this special episode, Micah leads
Listen to the Full Episode: Are you ready to retire without looking back? Let’s discuss essential strategies for retirees to help ensure they can enjoy
My husband was retired in May of 2020 at age 65 after 20 years of service with the FBI. We kept our health, vision and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the most common things clients miss when talking
Listen to the Full Episode: This episode is all about some interesting real-life client stories in the world of retirement planning that happened during this
“should I delay my social security and let my wife draw it until my FRA? I planned on drawing at 62 anyways. I am retired navy and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and make sure you know how to manage your Year-End Tax
Listen to the Full Episode: As the year winds down, it’s time to get proactive about your finances and tax planning! Join us as we
“If I retire after age 62, and supplement my monthly FERS pension by making small withdrawals from my Traditional TSP (assume $2,000/ month), would IRS
Listen to the Full Episode: How do you know what to have in savings? Learn all about great tips on how to organize your savings
Listen to the Full Episode: How many months’ worth of living expenses do you need to have saved up and why? Do you have emergency
“I am turning 62 and I am drawing disability FERS. Can I draw social security and FERS together? And will my FERS change when I
Listen to the Full Episode: What if you erroneously select an annuity from the TSP instead of a withdrawal from it, can you reverse that
Listen to the Full Episode: Net vs. Gross income. Which one hits the door of your bank account? Changes regarding insurance? Life insurance, health insurance…
“Hello, I have 31k in my TSP. Is it possible to withdraw the total amount at one time? ” – Bill. https://youtu.be/ueICsrk2rtI Demystifying TSP Withdrawals
Listen to the Full Episode: Changes the Secure 2.0 brings and what do they mean for the retirees and federal employees, covered by Victoria Kellerman.
Listen to the Full Episode: Changes are happening, and questions have been raised! That is why we have a special guest in today’s episode –
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve
“I’m just about 65 and make about 125K a year working for the federal government. I plan to retire in five years when I’m 70.
“I retired as a FERS employee at age 56 with over 32 years of service. Upon retirement, I chose to withdraw $2000 per month from
Listen to the Full Episode: Have you noticed that the markets are down? Did you know there are some key opportunities to look into when
“How to plan which source to withdraw from and when (TSP, Roth, other investments) over the retirement years to supplement pensions and SS. Are tax
“I watched the very helpful video on ROTH IRA conversions. I will be retiring by the end of 2022 and I do not have any
Answering your tax questions. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
In this episode, Micah is joined by a special guest who will shed light on some myths and misconceptions that you may be dealing with
”I have gotten conflicting information about my lump sum annual leave. I plan on retiring on 12/31/21. I know that I will get my lump
What you need to be thinking about getting done in the new year. Listen to the Full Episode: Enjoy the show? Use the Links Below
It’s a new year, and Tammy and Micah are here to talk about some of the things that have changed, some of the things that
“I love your podcast and YouTube channel. Thanks. My question relates to Required Minimum Distributions. Looking far ahead I will turn 72 in June of
https://youtu.be/uFdTV3a4-XA “Hi, I have a question regarding Roth TSP which I have not gotten a clear answer on. I will be 54 this year. I
I am aware that after I put in ten years’ federal civilian creditable service and then retire, my FERS annuity will be reduced monthly by
https://youtu.be/sTR9M-po3jghttps://vimeo.com/590901980 Hello, first off, I wanted to say I really enjoy your podcasts. I have really learned a lot from you both over the past
“I stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
“Hello, I am a retired 58 yr old federal employee that retired after 34 years of service. My wife and I are looking at buying
Are you still allowed to contribute the maximum of $26,000 to the TSP even if you only work half of the year? Is there any
I am not sure this question is easy to answer but here goes. I retired in 2019 (LEO RET/Special Provisions) and immediately took a job
“Hi Micah and Tammy, I’m a Federal employee with 30 years in, and 5 years out from retirement. Can you explain how unused Sick and
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
You’ve worked your whole life, now you’re ready to retire. But do you know how to maximize your benefits and set yourself up for retirement
“Forgetting for the moment the part my personal $$ contributions were over the years….Will the IRS tax my FERS ‘Unreduced Monthly Annuity’ (UMA) or my
Do you have a plan put in place for who will inherit your assets after your demise? Many people are solely focused on increasing their
What is the Voluntary Contribution Program? The Voluntary Contribution Program was developed for employees who are part of the Civil Service Retirement System (CSRS). It
Once your FERS Supplement ends, should you take Social Security benefits? This really comes down to a case by case basis. As you probably know
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I am 65, born in (November) 1955. I’ve only been a Federal Civilian Employee for 5yrs this November. I’ve also withdrawn $7,000.00 last year for
There is so much that we can’t control, and it’s easy to focus on those things and feel helpless to stop them. But in this
Mary Beth Franklin is our go-to professional for all things Social Security benefits. With over 40 years as a financial journalist and a CFP® designation,
Today Micah’s sister, Jamie Shilanski, joins the show to talk about financial planning and the inconsistent advice that many people are hearing regarding their finances.
When is the right time to retire? And what are the different options as a federal employee? While everyone wants to retire early, the fact
Today Micah and Tammy are setting the record straight and dispelling some myths about what you actually need to retire with. There’s a lot of
We hear a lot of people say they want to turn on their social security as soon as possible in order to capitalize on the
Everyone looks forward to retirement and the freedom that comes along with no longer being locked down to a job, but what if it isn’t
“I was looking at my LES I noticed the FERS Retirement on deductions section is a different “year to date” amount from the FERS Retirement
When you retire, it’s not just about having the time to do everything that you want to do—it’s also about having the money to make
“I will retire in 2021 at 59 1/2 with 31 years of service. My pension will be over $4,000 a month and I have no
“I have a tsp question for you concerning the new TSP withdraw options. I retired in 2015 from air traffic control at age 50. Will
Question “Is the money that I withdrawal from my TSP in retirement all taxed as ordinary income or are the contributions that I made taxed
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
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
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
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
Without a doubt since its inception in 1997, the ROTH retirement account has gained tremendous popularity. Named after the Delaware Senator, William Roth, under
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
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided us
As a Federal Employee, how will the passing of the Tax Cuts and Job Act impact you? This is a great time of year in
The Best Kept Secret in CSRS eBook Only $7.97 Available for Instant Download CSRS and CSRS Offset Federal Employees have a unique benefit called the
When planning your federal retirement – it’s important to remember that your pension will be reduced. There are seven main pension reductions that affect federal
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
Micah Shilanski, CFP® Micah Shilanski is a CERTIFIED FINANCIAL PLANNER™ professional who specializes in helping federal employees get the most out of their federal retirement
How Will Your Federal Retirement Benefits Be Taxed?Many people simply forget – or perhaps just don’t understand the taxation of federal retirement benefits. Taxes will
Your Retirement Savings: Questions about Your ‘Cash Bucket’ A portion of your retirement savings needs to be in a ‘Cash Bucket’. A well-funded Cash Bucket
What it Means for Federal Employees in Alaska, Hawaii & US Territories The COLA Locality Pay transition is in progress. It started in 2010, and
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
The Non-Foreign AREA Act of 2009: COLA to Locality Pay The Non-Foreign AREA Act of 2009 spells out the transition from COLA to Locality Pay
New legislation means that Hawaii COLA is being phased out, and Locality Pay is being phased in. Federal Employees in Non-Foreign Areas are now being
*The Best Kept Secret in CSRS* The CSRS Voluntary Contributions Program (VCP) is a special component of the Civil Service Retirement System. eBook Only $7.97
TSP – “I can take my money out, however I want to in retirement!” Hi, I’m Micah Shilanski from Plan Your Federal Retirement. Welcome to
Listen to the Full Episode: Inflation doesn’t always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA
Listen to the Full Episode: Retirement isn’t just about making your money last, it’s about using it wisely while you still can. In this
Listen to the Full Episode: As the year closes, federal employees can’t afford to miss critical planning opportunities that protect their retirement and avoid
Listen to the Full Episode: A year-end retirement review can be a valuable step for federal employees who want to better understand their benefits
Listen to the Full Episode: Year-end is one of the most strategic times for Federal Employees to review their financial picture, retirement timeline, and
Listen to the Full Episode: In this episode of Plan Your Federal Retirement, Jamie C. Shilanski, RFC®, talks about one of the most stressful
Listen to the Full Episode: Ever wonder what questions other federal employees are asking as they plan for retirement? In this special episode, we’re taking
Listen to the Full Episode: When it comes to money, the emotional impact is often overlooked, but it can ‘make or break’ a family’s financial
Listen to the Full Episode: Healthcare is one of the most important, and often most confusing, parts of retirement. For federal employees, the combination of
Listen to the Full Episode: Social Security is one of the most misunderstood parts of retirement planning. For federal employees and their families, it’s not
Listen to the Full Episode: Are you a year away from retirement? The final 12 months before you retire from federal service are some of
Listen to the Full Episode: What does real retirement readiness look like? In this episode, Micah is joined by his father and mentor, Floyd, to
Listen to the Full Episode: Facing the New Challenges of Federal Retirement: What 2025 Means for You Federal retirement in 2025 requires thoughtful consideration of
Listen to the Full Episode: Are today’s market swings making you nervous about your retirement? You’re not alone but the good news is, there are
Listen to the Full Episode: In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski and Christian Sakamoto dive deep into the relationship
Listen to the Full Episode: Is your financial plan ready for unexpected changes? In this episode, Micah and Jamie highlight the importance of taking charge
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
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,
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
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
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
Listen to the Full Episode: Understanding your TSP withdrawal options is essential for a successful retirement. In this podcast episode, Micah and Christian break down
Listen to the Full Episode: Estate planning involves more than just creating a will; it’s about ensuring financial security, protecting your loved ones, and
Listen to the Full Episode: Planning for the future involves understanding what happens to your benefits after you are no longer here. In this podcast
Listen to the Full Episode: Are you considering early retirement under VERA? Before you make a decision that could affect your benefits for years to
Are you a federal employee considering Voluntary Early Retirement Authority (VERA)? This comprehensive guide breaks down eligibility, benefits, and financial impacts, including how VERA affects your pension, health insurance (FEHB), and Thrift Savings Plan (TSP). Learn the key steps to avoid costly mistakes, understand your FERS Special Retirement Supplement, and maximize your retirement benefits.
🎙 Watch our YouTube Podcast for expert insights.
📚 Join our “Retire Right” On-Demand Class to make informed decisions.
Read now to take control of your federal retirement!
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits professional, my primary advice—though not intended to be self-serving—is
https://youtu.be/EQqQhWMzTKs Federal Employees need to know what to anticipate if they choose to accept the Deferred Resignation package issued January 2025 to civilian federal employees.
Listen to the Full Episode: What does a Reduction in Force (RIF) or job change mean for your federal benefits and retirement plans? These transitions
Listen to the Full Episode: What impacts will the latest tax law changes, Social Security projections, and market uncertainties have on your FERS retirement benefits
Listen to the Full Episode: Are you ready to unlock the secrets to a stronger TSP in 2025? In this podcast episode, Christian and John
Listen to the Full Episode: Ready for retirement but still trying to figure out what comes after the paycheck? In this podcast episode, Jamie and
Listen to the Full Episode: How can Qualified Charitable Distributions in Retirement help you give strategically and reduce taxes? In this podcast episode, Christian and
Listen to the Full Episode: Ready to secure your federal retirement? In this podcast episode, Micah and Christian discuss essential steps to secure your federal
Listen to the Full Episode: Navigating federal retirement benefits can be complex, but understanding FERS contribution rates is key. These rates determine your eligibility, pension
Listen to the Full Episode: Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings
Hello PYFR team! I love the podcast and appreciate it and all the resources you offer. My question is about taxes on the pay-out of
Listen to the Full Episode: It is time to discuss retirement planning, cash flow management, and potential retirement expenses! In this special episode, Micah leads
Listen to the Full Episode: Are you ready to retire without looking back? Let’s discuss essential strategies for retirees to help ensure they can enjoy
My husband was retired in May of 2020 at age 65 after 20 years of service with the FBI. We kept our health, vision and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the most common things clients miss when talking
Listen to the Full Episode: This episode is all about some interesting real-life client stories in the world of retirement planning that happened during this
“should I delay my social security and let my wife draw it until my FRA? I planned on drawing at 62 anyways. I am retired navy and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and make sure you know how to manage your Year-End Tax
Listen to the Full Episode: As the year winds down, it’s time to get proactive about your finances and tax planning! Join us as we
“If I retire after age 62, and supplement my monthly FERS pension by making small withdrawals from my Traditional TSP (assume $2,000/ month), would IRS
Listen to the Full Episode: How do you know what to have in savings? Learn all about great tips on how to organize your savings
Listen to the Full Episode: How many months’ worth of living expenses do you need to have saved up and why? Do you have emergency
“I am turning 62 and I am drawing disability FERS. Can I draw social security and FERS together? And will my FERS change when I
Listen to the Full Episode: What if you erroneously select an annuity from the TSP instead of a withdrawal from it, can you reverse that
Listen to the Full Episode: Net vs. Gross income. Which one hits the door of your bank account? Changes regarding insurance? Life insurance, health insurance…
“Hello, I have 31k in my TSP. Is it possible to withdraw the total amount at one time? ” – Bill. https://youtu.be/ueICsrk2rtI Demystifying TSP Withdrawals
Listen to the Full Episode: Changes the Secure 2.0 brings and what do they mean for the retirees and federal employees, covered by Victoria Kellerman.
Listen to the Full Episode: Changes are happening, and questions have been raised! That is why we have a special guest in today’s episode –
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve
“I’m just about 65 and make about 125K a year working for the federal government. I plan to retire in five years when I’m 70.
“I retired as a FERS employee at age 56 with over 32 years of service. Upon retirement, I chose to withdraw $2000 per month from
Listen to the Full Episode: Have you noticed that the markets are down? Did you know there are some key opportunities to look into when
“How to plan which source to withdraw from and when (TSP, Roth, other investments) over the retirement years to supplement pensions and SS. Are tax
“I watched the very helpful video on ROTH IRA conversions. I will be retiring by the end of 2022 and I do not have any
Answering your tax questions. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
In this episode, Micah is joined by a special guest who will shed light on some myths and misconceptions that you may be dealing with
”I have gotten conflicting information about my lump sum annual leave. I plan on retiring on 12/31/21. I know that I will get my lump
What you need to be thinking about getting done in the new year. Listen to the Full Episode: Enjoy the show? Use the Links Below
It’s a new year, and Tammy and Micah are here to talk about some of the things that have changed, some of the things that
“I love your podcast and YouTube channel. Thanks. My question relates to Required Minimum Distributions. Looking far ahead I will turn 72 in June of
https://youtu.be/uFdTV3a4-XA “Hi, I have a question regarding Roth TSP which I have not gotten a clear answer on. I will be 54 this year. I
I am aware that after I put in ten years’ federal civilian creditable service and then retire, my FERS annuity will be reduced monthly by
https://youtu.be/sTR9M-po3jghttps://vimeo.com/590901980 Hello, first off, I wanted to say I really enjoy your podcasts. I have really learned a lot from you both over the past
“I stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
“Hello, I am a retired 58 yr old federal employee that retired after 34 years of service. My wife and I are looking at buying
Are you still allowed to contribute the maximum of $26,000 to the TSP even if you only work half of the year? Is there any
I am not sure this question is easy to answer but here goes. I retired in 2019 (LEO RET/Special Provisions) and immediately took a job
“Hi Micah and Tammy, I’m a Federal employee with 30 years in, and 5 years out from retirement. Can you explain how unused Sick and
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
You’ve worked your whole life, now you’re ready to retire. But do you know how to maximize your benefits and set yourself up for retirement
“Forgetting for the moment the part my personal $$ contributions were over the years….Will the IRS tax my FERS ‘Unreduced Monthly Annuity’ (UMA) or my
Do you have a plan put in place for who will inherit your assets after your demise? Many people are solely focused on increasing their
What is the Voluntary Contribution Program? The Voluntary Contribution Program was developed for employees who are part of the Civil Service Retirement System (CSRS). It
Once your FERS Supplement ends, should you take Social Security benefits? This really comes down to a case by case basis. As you probably know
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I am 65, born in (November) 1955. I’ve only been a Federal Civilian Employee for 5yrs this November. I’ve also withdrawn $7,000.00 last year for
There is so much that we can’t control, and it’s easy to focus on those things and feel helpless to stop them. But in this
Mary Beth Franklin is our go-to professional for all things Social Security benefits. With over 40 years as a financial journalist and a CFP® designation,
Today Micah’s sister, Jamie Shilanski, joins the show to talk about financial planning and the inconsistent advice that many people are hearing regarding their finances.
When is the right time to retire? And what are the different options as a federal employee? While everyone wants to retire early, the fact
Today Micah and Tammy are setting the record straight and dispelling some myths about what you actually need to retire with. There’s a lot of
We hear a lot of people say they want to turn on their social security as soon as possible in order to capitalize on the
Everyone looks forward to retirement and the freedom that comes along with no longer being locked down to a job, but what if it isn’t
“I was looking at my LES I noticed the FERS Retirement on deductions section is a different “year to date” amount from the FERS Retirement
When you retire, it’s not just about having the time to do everything that you want to do—it’s also about having the money to make
“I will retire in 2021 at 59 1/2 with 31 years of service. My pension will be over $4,000 a month and I have no
“I have a tsp question for you concerning the new TSP withdraw options. I retired in 2015 from air traffic control at age 50. Will
Question “Is the money that I withdrawal from my TSP in retirement all taxed as ordinary income or are the contributions that I made taxed
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
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
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
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
Without a doubt since its inception in 1997, the ROTH retirement account has gained tremendous popularity. Named after the Delaware Senator, William Roth, under
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
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided us
As a Federal Employee, how will the passing of the Tax Cuts and Job Act impact you? This is a great time of year in
The Best Kept Secret in CSRS eBook Only $7.97 Available for Instant Download CSRS and CSRS Offset Federal Employees have a unique benefit called the
When planning your federal retirement – it’s important to remember that your pension will be reduced. There are seven main pension reductions that affect federal
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
Micah Shilanski, CFP® Micah Shilanski is a CERTIFIED FINANCIAL PLANNER™ professional who specializes in helping federal employees get the most out of their federal retirement
How Will Your Federal Retirement Benefits Be Taxed?Many people simply forget – or perhaps just don’t understand the taxation of federal retirement benefits. Taxes will
Your Retirement Savings: Questions about Your ‘Cash Bucket’ A portion of your retirement savings needs to be in a ‘Cash Bucket’. A well-funded Cash Bucket
What it Means for Federal Employees in Alaska, Hawaii & US Territories The COLA Locality Pay transition is in progress. It started in 2010, and
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
The Non-Foreign AREA Act of 2009: COLA to Locality Pay The Non-Foreign AREA Act of 2009 spells out the transition from COLA to Locality Pay
New legislation means that Hawaii COLA is being phased out, and Locality Pay is being phased in. Federal Employees in Non-Foreign Areas are now being
*The Best Kept Secret in CSRS* The CSRS Voluntary Contributions Program (VCP) is a special component of the Civil Service Retirement System. eBook Only $7.97
TSP – “I can take my money out, however I want to in retirement!” Hi, I’m Micah Shilanski from Plan Your Federal Retirement. Welcome to
Listen to the Full Episode: Inflation doesn’t always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA
Listen to the Full Episode: Retirement isn’t just about making your money last, it’s about using it wisely while you still can. In this
Listen to the Full Episode: As the year closes, federal employees can’t afford to miss critical planning opportunities that protect their retirement and avoid
Listen to the Full Episode: A year-end retirement review can be a valuable step for federal employees who want to better understand their benefits
Listen to the Full Episode: Year-end is one of the most strategic times for Federal Employees to review their financial picture, retirement timeline, and
Listen to the Full Episode: In this episode of Plan Your Federal Retirement, Jamie C. Shilanski, RFC®, talks about one of the most stressful
Listen to the Full Episode: Ever wonder what questions other federal employees are asking as they plan for retirement? In this special episode, we’re taking
Listen to the Full Episode: When it comes to money, the emotional impact is often overlooked, but it can ‘make or break’ a family’s financial
Listen to the Full Episode: Healthcare is one of the most important, and often most confusing, parts of retirement. For federal employees, the combination of
Listen to the Full Episode: Social Security is one of the most misunderstood parts of retirement planning. For federal employees and their families, it’s not
Listen to the Full Episode: Are you a year away from retirement? The final 12 months before you retire from federal service are some of
Listen to the Full Episode: What does real retirement readiness look like? In this episode, Micah is joined by his father and mentor, Floyd, to
Listen to the Full Episode: Facing the New Challenges of Federal Retirement: What 2025 Means for You Federal retirement in 2025 requires thoughtful consideration of
Listen to the Full Episode: Are today’s market swings making you nervous about your retirement? You’re not alone but the good news is, there are
Listen to the Full Episode: In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski and Christian Sakamoto dive deep into the relationship
Listen to the Full Episode: Is your financial plan ready for unexpected changes? In this episode, Micah and Jamie highlight the importance of taking charge
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
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,
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
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
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
Listen to the Full Episode: Understanding your TSP withdrawal options is essential for a successful retirement. In this podcast episode, Micah and Christian break down
Listen to the Full Episode: Estate planning involves more than just creating a will; it’s about ensuring financial security, protecting your loved ones, and
Listen to the Full Episode: Planning for the future involves understanding what happens to your benefits after you are no longer here. In this podcast
Listen to the Full Episode: Are you considering early retirement under VERA? Before you make a decision that could affect your benefits for years to
Are you a federal employee considering Voluntary Early Retirement Authority (VERA)? This comprehensive guide breaks down eligibility, benefits, and financial impacts, including how VERA affects your pension, health insurance (FEHB), and Thrift Savings Plan (TSP). Learn the key steps to avoid costly mistakes, understand your FERS Special Retirement Supplement, and maximize your retirement benefits.
🎙 Watch our YouTube Podcast for expert insights.
📚 Join our “Retire Right” On-Demand Class to make informed decisions.
Read now to take control of your federal retirement!
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits professional, my primary advice—though not intended to be self-serving—is
https://youtu.be/EQqQhWMzTKs Federal Employees need to know what to anticipate if they choose to accept the Deferred Resignation package issued January 2025 to civilian federal employees.
Listen to the Full Episode: What does a Reduction in Force (RIF) or job change mean for your federal benefits and retirement plans? These transitions
Listen to the Full Episode: What impacts will the latest tax law changes, Social Security projections, and market uncertainties have on your FERS retirement benefits
Listen to the Full Episode: Are you ready to unlock the secrets to a stronger TSP in 2025? In this podcast episode, Christian and John
Listen to the Full Episode: Ready for retirement but still trying to figure out what comes after the paycheck? In this podcast episode, Jamie and
Listen to the Full Episode: How can Qualified Charitable Distributions in Retirement help you give strategically and reduce taxes? In this podcast episode, Christian and
Listen to the Full Episode: Ready to secure your federal retirement? In this podcast episode, Micah and Christian discuss essential steps to secure your federal
Listen to the Full Episode: Navigating federal retirement benefits can be complex, but understanding FERS contribution rates is key. These rates determine your eligibility, pension
Listen to the Full Episode: Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings
Hello PYFR team! I love the podcast and appreciate it and all the resources you offer. My question is about taxes on the pay-out of
Listen to the Full Episode: It is time to discuss retirement planning, cash flow management, and potential retirement expenses! In this special episode, Micah leads
Listen to the Full Episode: Are you ready to retire without looking back? Let’s discuss essential strategies for retirees to help ensure they can enjoy
My husband was retired in May of 2020 at age 65 after 20 years of service with the FBI. We kept our health, vision and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the most common things clients miss when talking
Listen to the Full Episode: This episode is all about some interesting real-life client stories in the world of retirement planning that happened during this
“should I delay my social security and let my wife draw it until my FRA? I planned on drawing at 62 anyways. I am retired navy and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and make sure you know how to manage your Year-End Tax
Listen to the Full Episode: As the year winds down, it’s time to get proactive about your finances and tax planning! Join us as we
“If I retire after age 62, and supplement my monthly FERS pension by making small withdrawals from my Traditional TSP (assume $2,000/ month), would IRS
Listen to the Full Episode: How do you know what to have in savings? Learn all about great tips on how to organize your savings
Listen to the Full Episode: How many months’ worth of living expenses do you need to have saved up and why? Do you have emergency
“I am turning 62 and I am drawing disability FERS. Can I draw social security and FERS together? And will my FERS change when I
Listen to the Full Episode: What if you erroneously select an annuity from the TSP instead of a withdrawal from it, can you reverse that
Listen to the Full Episode: Net vs. Gross income. Which one hits the door of your bank account? Changes regarding insurance? Life insurance, health insurance…
“Hello, I have 31k in my TSP. Is it possible to withdraw the total amount at one time? ” – Bill. https://youtu.be/ueICsrk2rtI Demystifying TSP Withdrawals
Listen to the Full Episode: Changes the Secure 2.0 brings and what do they mean for the retirees and federal employees, covered by Victoria Kellerman.
Listen to the Full Episode: Changes are happening, and questions have been raised! That is why we have a special guest in today’s episode –
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve
“I’m just about 65 and make about 125K a year working for the federal government. I plan to retire in five years when I’m 70.
“I retired as a FERS employee at age 56 with over 32 years of service. Upon retirement, I chose to withdraw $2000 per month from
Listen to the Full Episode: Have you noticed that the markets are down? Did you know there are some key opportunities to look into when
“How to plan which source to withdraw from and when (TSP, Roth, other investments) over the retirement years to supplement pensions and SS. Are tax
“I watched the very helpful video on ROTH IRA conversions. I will be retiring by the end of 2022 and I do not have any
Answering your tax questions. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
In this episode, Micah is joined by a special guest who will shed light on some myths and misconceptions that you may be dealing with
”I have gotten conflicting information about my lump sum annual leave. I plan on retiring on 12/31/21. I know that I will get my lump
What you need to be thinking about getting done in the new year. Listen to the Full Episode: Enjoy the show? Use the Links Below
It’s a new year, and Tammy and Micah are here to talk about some of the things that have changed, some of the things that
“I love your podcast and YouTube channel. Thanks. My question relates to Required Minimum Distributions. Looking far ahead I will turn 72 in June of
https://youtu.be/uFdTV3a4-XA “Hi, I have a question regarding Roth TSP which I have not gotten a clear answer on. I will be 54 this year. I
I am aware that after I put in ten years’ federal civilian creditable service and then retire, my FERS annuity will be reduced monthly by
https://youtu.be/sTR9M-po3jghttps://vimeo.com/590901980 Hello, first off, I wanted to say I really enjoy your podcasts. I have really learned a lot from you both over the past
“I stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
“Hello, I am a retired 58 yr old federal employee that retired after 34 years of service. My wife and I are looking at buying
Are you still allowed to contribute the maximum of $26,000 to the TSP even if you only work half of the year? Is there any
I am not sure this question is easy to answer but here goes. I retired in 2019 (LEO RET/Special Provisions) and immediately took a job
“Hi Micah and Tammy, I’m a Federal employee with 30 years in, and 5 years out from retirement. Can you explain how unused Sick and
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
You’ve worked your whole life, now you’re ready to retire. But do you know how to maximize your benefits and set yourself up for retirement
“Forgetting for the moment the part my personal $$ contributions were over the years….Will the IRS tax my FERS ‘Unreduced Monthly Annuity’ (UMA) or my
Do you have a plan put in place for who will inherit your assets after your demise? Many people are solely focused on increasing their
What is the Voluntary Contribution Program? The Voluntary Contribution Program was developed for employees who are part of the Civil Service Retirement System (CSRS). It
Once your FERS Supplement ends, should you take Social Security benefits? This really comes down to a case by case basis. As you probably know
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I am 65, born in (November) 1955. I’ve only been a Federal Civilian Employee for 5yrs this November. I’ve also withdrawn $7,000.00 last year for
There is so much that we can’t control, and it’s easy to focus on those things and feel helpless to stop them. But in this
Mary Beth Franklin is our go-to professional for all things Social Security benefits. With over 40 years as a financial journalist and a CFP® designation,
Today Micah’s sister, Jamie Shilanski, joins the show to talk about financial planning and the inconsistent advice that many people are hearing regarding their finances.
When is the right time to retire? And what are the different options as a federal employee? While everyone wants to retire early, the fact
Today Micah and Tammy are setting the record straight and dispelling some myths about what you actually need to retire with. There’s a lot of
We hear a lot of people say they want to turn on their social security as soon as possible in order to capitalize on the
Everyone looks forward to retirement and the freedom that comes along with no longer being locked down to a job, but what if it isn’t
“I was looking at my LES I noticed the FERS Retirement on deductions section is a different “year to date” amount from the FERS Retirement
When you retire, it’s not just about having the time to do everything that you want to do—it’s also about having the money to make
“I will retire in 2021 at 59 1/2 with 31 years of service. My pension will be over $4,000 a month and I have no
“I have a tsp question for you concerning the new TSP withdraw options. I retired in 2015 from air traffic control at age 50. Will
Question “Is the money that I withdrawal from my TSP in retirement all taxed as ordinary income or are the contributions that I made taxed
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
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
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
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
Without a doubt since its inception in 1997, the ROTH retirement account has gained tremendous popularity. Named after the Delaware Senator, William Roth, under
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
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided us
As a Federal Employee, how will the passing of the Tax Cuts and Job Act impact you? This is a great time of year in
The Best Kept Secret in CSRS eBook Only $7.97 Available for Instant Download CSRS and CSRS Offset Federal Employees have a unique benefit called the
When planning your federal retirement – it’s important to remember that your pension will be reduced. There are seven main pension reductions that affect federal
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
Micah Shilanski, CFP® Micah Shilanski is a CERTIFIED FINANCIAL PLANNER™ professional who specializes in helping federal employees get the most out of their federal retirement
How Will Your Federal Retirement Benefits Be Taxed?Many people simply forget – or perhaps just don’t understand the taxation of federal retirement benefits. Taxes will
Your Retirement Savings: Questions about Your ‘Cash Bucket’ A portion of your retirement savings needs to be in a ‘Cash Bucket’. A well-funded Cash Bucket
What it Means for Federal Employees in Alaska, Hawaii & US Territories The COLA Locality Pay transition is in progress. It started in 2010, and
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
The Non-Foreign AREA Act of 2009: COLA to Locality Pay The Non-Foreign AREA Act of 2009 spells out the transition from COLA to Locality Pay
New legislation means that Hawaii COLA is being phased out, and Locality Pay is being phased in. Federal Employees in Non-Foreign Areas are now being
*The Best Kept Secret in CSRS* The CSRS Voluntary Contributions Program (VCP) is a special component of the Civil Service Retirement System. eBook Only $7.97
TSP – “I can take my money out, however I want to in retirement!” Hi, I’m Micah Shilanski from Plan Your Federal Retirement. Welcome to
Listen to the Full Episode: Inflation doesn’t always show up loudly, and for many federal employees and retirees, the biggest danger is assuming COLA
Listen to the Full Episode: Retirement isn’t just about making your money last, it’s about using it wisely while you still can. In this
Listen to the Full Episode: As the year closes, federal employees can’t afford to miss critical planning opportunities that protect their retirement and avoid
Listen to the Full Episode: A year-end retirement review can be a valuable step for federal employees who want to better understand their benefits
Listen to the Full Episode: Year-end is one of the most strategic times for Federal Employees to review their financial picture, retirement timeline, and
Listen to the Full Episode: In this episode of Plan Your Federal Retirement, Jamie C. Shilanski, RFC®, talks about one of the most stressful
Listen to the Full Episode: Ever wonder what questions other federal employees are asking as they plan for retirement? In this special episode, we’re taking
Listen to the Full Episode: When it comes to money, the emotional impact is often overlooked, but it can ‘make or break’ a family’s financial
Listen to the Full Episode: Healthcare is one of the most important, and often most confusing, parts of retirement. For federal employees, the combination of
Listen to the Full Episode: Social Security is one of the most misunderstood parts of retirement planning. For federal employees and their families, it’s not
Listen to the Full Episode: Are you a year away from retirement? The final 12 months before you retire from federal service are some of
Listen to the Full Episode: What does real retirement readiness look like? In this episode, Micah is joined by his father and mentor, Floyd, to
Listen to the Full Episode: Facing the New Challenges of Federal Retirement: What 2025 Means for You Federal retirement in 2025 requires thoughtful consideration of
Listen to the Full Episode: Are today’s market swings making you nervous about your retirement? You’re not alone but the good news is, there are
Listen to the Full Episode: In this episode of the Plan Your Federal Retirement podcast, Micah Shilanski and Christian Sakamoto dive deep into the relationship
Listen to the Full Episode: Is your financial plan ready for unexpected changes? In this episode, Micah and Jamie highlight the importance of taking charge
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
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,
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
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
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
Listen to the Full Episode: Understanding your TSP withdrawal options is essential for a successful retirement. In this podcast episode, Micah and Christian break down
Listen to the Full Episode: Estate planning involves more than just creating a will; it’s about ensuring financial security, protecting your loved ones, and
Listen to the Full Episode: Planning for the future involves understanding what happens to your benefits after you are no longer here. In this podcast
Listen to the Full Episode: Are you considering early retirement under VERA? Before you make a decision that could affect your benefits for years to
Are you a federal employee considering Voluntary Early Retirement Authority (VERA)? This comprehensive guide breaks down eligibility, benefits, and financial impacts, including how VERA affects your pension, health insurance (FEHB), and Thrift Savings Plan (TSP). Learn the key steps to avoid costly mistakes, understand your FERS Special Retirement Supplement, and maximize your retirement benefits.
🎙 Watch our YouTube Podcast for expert insights.
📚 Join our “Retire Right” On-Demand Class to make informed decisions.
Read now to take control of your federal retirement!
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits professional, my primary advice—though not intended to be self-serving—is
https://youtu.be/EQqQhWMzTKs Federal Employees need to know what to anticipate if they choose to accept the Deferred Resignation package issued January 2025 to civilian federal employees.
Listen to the Full Episode: What does a Reduction in Force (RIF) or job change mean for your federal benefits and retirement plans? These transitions
Listen to the Full Episode: What impacts will the latest tax law changes, Social Security projections, and market uncertainties have on your FERS retirement benefits
Listen to the Full Episode: Are you ready to unlock the secrets to a stronger TSP in 2025? In this podcast episode, Christian and John
Listen to the Full Episode: Ready for retirement but still trying to figure out what comes after the paycheck? In this podcast episode, Jamie and
Listen to the Full Episode: How can Qualified Charitable Distributions in Retirement help you give strategically and reduce taxes? In this podcast episode, Christian and
Listen to the Full Episode: Ready to secure your federal retirement? In this podcast episode, Micah and Christian discuss essential steps to secure your federal
Listen to the Full Episode: Navigating federal retirement benefits can be complex, but understanding FERS contribution rates is key. These rates determine your eligibility, pension
Listen to the Full Episode: Understanding how to navigate taxes in retirement is crucial for preserving your hard-earned income. From Roth conversions to Qualified Charitable
Listen to the Full Episode: Planning for your retirement requires a solid understanding of your options. Discover the best strategies for managing your Thrift Savings
Hello PYFR team! I love the podcast and appreciate it and all the resources you offer. My question is about taxes on the pay-out of
Listen to the Full Episode: It is time to discuss retirement planning, cash flow management, and potential retirement expenses! In this special episode, Micah leads
Listen to the Full Episode: Are you ready to retire without looking back? Let’s discuss essential strategies for retirees to help ensure they can enjoy
My husband was retired in May of 2020 at age 65 after 20 years of service with the FBI. We kept our health, vision and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and learn about the most common things clients miss when talking
Listen to the Full Episode: This episode is all about some interesting real-life client stories in the world of retirement planning that happened during this
“should I delay my social security and let my wife draw it until my FRA? I planned on drawing at 62 anyways. I am retired navy and
Listen to the Full Episode: Listen to this week’s recap episode with Sierra Steele and make sure you know how to manage your Year-End Tax
Listen to the Full Episode: As the year winds down, it’s time to get proactive about your finances and tax planning! Join us as we
“If I retire after age 62, and supplement my monthly FERS pension by making small withdrawals from my Traditional TSP (assume $2,000/ month), would IRS
Listen to the Full Episode: How do you know what to have in savings? Learn all about great tips on how to organize your savings
Listen to the Full Episode: How many months’ worth of living expenses do you need to have saved up and why? Do you have emergency
“I am turning 62 and I am drawing disability FERS. Can I draw social security and FERS together? And will my FERS change when I
Listen to the Full Episode: What if you erroneously select an annuity from the TSP instead of a withdrawal from it, can you reverse that
Listen to the Full Episode: Net vs. Gross income. Which one hits the door of your bank account? Changes regarding insurance? Life insurance, health insurance…
“Hello, I have 31k in my TSP. Is it possible to withdraw the total amount at one time? ” – Bill. https://youtu.be/ueICsrk2rtI Demystifying TSP Withdrawals
Listen to the Full Episode: Changes the Secure 2.0 brings and what do they mean for the retirees and federal employees, covered by Victoria Kellerman.
Listen to the Full Episode: Changes are happening, and questions have been raised! That is why we have a special guest in today’s episode –
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve
“I’m just about 65 and make about 125K a year working for the federal government. I plan to retire in five years when I’m 70.
“I retired as a FERS employee at age 56 with over 32 years of service. Upon retirement, I chose to withdraw $2000 per month from
Listen to the Full Episode: Have you noticed that the markets are down? Did you know there are some key opportunities to look into when
“How to plan which source to withdraw from and when (TSP, Roth, other investments) over the retirement years to supplement pensions and SS. Are tax
“I watched the very helpful video on ROTH IRA conversions. I will be retiring by the end of 2022 and I do not have any
Answering your tax questions. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
In this episode, Micah is joined by a special guest who will shed light on some myths and misconceptions that you may be dealing with
”I have gotten conflicting information about my lump sum annual leave. I plan on retiring on 12/31/21. I know that I will get my lump
What you need to be thinking about getting done in the new year. Listen to the Full Episode: Enjoy the show? Use the Links Below
It’s a new year, and Tammy and Micah are here to talk about some of the things that have changed, some of the things that
“I love your podcast and YouTube channel. Thanks. My question relates to Required Minimum Distributions. Looking far ahead I will turn 72 in June of
https://youtu.be/uFdTV3a4-XA “Hi, I have a question regarding Roth TSP which I have not gotten a clear answer on. I will be 54 this year. I
I am aware that after I put in ten years’ federal civilian creditable service and then retire, my FERS annuity will be reduced monthly by
https://youtu.be/sTR9M-po3jghttps://vimeo.com/590901980 Hello, first off, I wanted to say I really enjoy your podcasts. I have really learned a lot from you both over the past
“I stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
“Hello, I am a retired 58 yr old federal employee that retired after 34 years of service. My wife and I are looking at buying
Are you still allowed to contribute the maximum of $26,000 to the TSP even if you only work half of the year? Is there any
I am not sure this question is easy to answer but here goes. I retired in 2019 (LEO RET/Special Provisions) and immediately took a job
“Hi Micah and Tammy, I’m a Federal employee with 30 years in, and 5 years out from retirement. Can you explain how unused Sick and
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
You’ve worked your whole life, now you’re ready to retire. But do you know how to maximize your benefits and set yourself up for retirement
“Forgetting for the moment the part my personal $$ contributions were over the years….Will the IRS tax my FERS ‘Unreduced Monthly Annuity’ (UMA) or my
Do you have a plan put in place for who will inherit your assets after your demise? Many people are solely focused on increasing their
What is the Voluntary Contribution Program? The Voluntary Contribution Program was developed for employees who are part of the Civil Service Retirement System (CSRS). It
Once your FERS Supplement ends, should you take Social Security benefits? This really comes down to a case by case basis. As you probably know
Tax season is upon us, and for many, it is a scary time. With so many opinions floating around, it is hard to decipher between
“I am 65, born in (November) 1955. I’ve only been a Federal Civilian Employee for 5yrs this November. I’ve also withdrawn $7,000.00 last year for
There is so much that we can’t control, and it’s easy to focus on those things and feel helpless to stop them. But in this
Mary Beth Franklin is our go-to professional for all things Social Security benefits. With over 40 years as a financial journalist and a CFP® designation,
Today Micah’s sister, Jamie Shilanski, joins the show to talk about financial planning and the inconsistent advice that many people are hearing regarding their finances.
When is the right time to retire? And what are the different options as a federal employee? While everyone wants to retire early, the fact
Today Micah and Tammy are setting the record straight and dispelling some myths about what you actually need to retire with. There’s a lot of
We hear a lot of people say they want to turn on their social security as soon as possible in order to capitalize on the
Everyone looks forward to retirement and the freedom that comes along with no longer being locked down to a job, but what if it isn’t
“I was looking at my LES I noticed the FERS Retirement on deductions section is a different “year to date” amount from the FERS Retirement
When you retire, it’s not just about having the time to do everything that you want to do—it’s also about having the money to make
“I will retire in 2021 at 59 1/2 with 31 years of service. My pension will be over $4,000 a month and I have no
“I have a tsp question for you concerning the new TSP withdraw options. I retired in 2015 from air traffic control at age 50. Will
Question “Is the money that I withdrawal from my TSP in retirement all taxed as ordinary income or are the contributions that I made taxed
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
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
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
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
Without a doubt since its inception in 1997, the ROTH retirement account has gained tremendous popularity. Named after the Delaware Senator, William Roth, under
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
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided
FERS Federal Fact Check! We love answering questions from Federal Employees about their benefits. Our passion for financial planning with Federal Employees has provided us
As a Federal Employee, how will the passing of the Tax Cuts and Job Act impact you? This is a great time of year in
The Best Kept Secret in CSRS eBook Only $7.97 Available for Instant Download CSRS and CSRS Offset Federal Employees have a unique benefit called the
When planning your federal retirement – it’s important to remember that your pension will be reduced. There are seven main pension reductions that affect federal
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
Micah Shilanski, CFP® Micah Shilanski is a CERTIFIED FINANCIAL PLANNER™ professional who specializes in helping federal employees get the most out of their federal retirement
How Will Your Federal Retirement Benefits Be Taxed?Many people simply forget – or perhaps just don’t understand the taxation of federal retirement benefits. Taxes will
Your Retirement Savings: Questions about Your ‘Cash Bucket’ A portion of your retirement savings needs to be in a ‘Cash Bucket’. A well-funded Cash Bucket
What it Means for Federal Employees in Alaska, Hawaii & US Territories The COLA Locality Pay transition is in progress. It started in 2010, and
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
The Non-Foreign AREA Act of 2009: COLA to Locality Pay The Non-Foreign AREA Act of 2009 spells out the transition from COLA to Locality Pay
New legislation means that Hawaii COLA is being phased out, and Locality Pay is being phased in. Federal Employees in Non-Foreign Areas are now being
*The Best Kept Secret in CSRS* The CSRS Voluntary Contributions Program (VCP) is a special component of the Civil Service Retirement System. eBook Only $7.97
TSP – “I can take my money out, however I want to in retirement!” Hi, I’m Micah Shilanski from Plan Your Federal Retirement. Welcome to