#110 5 Things You Need To Know As A Federal Employee BEFORE You Retire
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of
Listen to the Full Episode: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of
I am eligible to retire from fed service at 57 1/2. I will have 36 years of service. I plan on using my TSP to
Listen to the Full Episode: Are you seeking clarity on TSP strategies? Join us on our latest podcast episode, where Christian and JT decode the
I am 8 years from retirement and currently invested 100% in the C fund. When should I start moving money to the G fund and
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
Hello, I appreciate your videos very much. I am active duty and retiring next year, intending on becoming a GS employee. Can you do one
Listen to the Full Episode: Are you ready to embark on a journey towards a secureretirement? Join Micah and Tammy, as they analyze advanced retirement
Listen to the Full Episode: Join us for our bonus podcast, where we address the questions we received from federal employees before our latest YouTube
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: 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
I absolutely loved the episode on what you cannot do in the TSP. Naturally, it brought up other questions in my mind. Before I got
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
“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: Learn to make informed retirement decisions and secure your financial future with valuable information in regard to your TSP, covered
Listen to the Full Episode: Whether you’re just starting your career, planning for retirement, or already in retirement, or someone looking to understand TSP better,
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn why the TSP is such a phenomenal tool for your retirement and find out what you should know about
Listen to the Full Episode: In this episode, host Micah Shilanski and a special guest – JT Ferrin, delve into explaining the meaning of TSP
“I’m about 10 years out from retirement. I’m wanting to stop putting money into the traditional tsp and start a Roth. Is that doable?” –
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
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn what’s possible and what’s not when it comes to your TSP in retirement. Here are the 7 things you
Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make
“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
Listen to the Full Episode: One of the most essential and fundamental questions is choosing the right federal retirement plan! Do you know how much
“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: The benefits in retirement that Federal Employees have are based on three things: Pension Social Security TSP To avoid misconceptions
“I have been working in the federal system for 3 years and will retire within the next 5 years. I am 62. I have a
“My wife and I updated our wills two years ago, it states that all of our estate is to go to the survivor and if
Listen to the Full Episode: There are a couple of times a year when it’s really important to have clients come in and review things.
“Can I withdraw my FERS to use as a down payment for purchase of Real Estate?” – Tracey. https://www.youtube.com/watch?v=CPm4DDHl0-c&feature=youtu.be When Federal Employees use their retirement
“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: Pros and cons to moving investments around. Enjoy the show? Use the Links Below to Subscribe:
Listen to the Full Episode: Many people want to move investments into or out of their TSP, and there are a lot of questions surrounding
“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
Micah is flying solo in today’s podcast to answer this indirect question that he gets when meeting with clients. He discusses how to decide what
“If my TSP beneficiary is currently my Trust, then upon my death, will that transfer be made by a one time full payment -20% for
“If I erroneously select an annuity from the TSP instead of a withdrawal from it, can I reverse that option? Thanks.” – Orlando. https://www.youtube.com/watch?v=8T69Yxmht-k Listen,
“I am a retired FERS federal employee (age 65). I just watched your episode about a “like kind direct transfer” of tsp funds to an
“Hello Micah, I am so glad that I happened onto your website. I have read a lot of material and have watched a lot of
”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
Answering your questions about TSP, Roth conversions, and more. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Sometimes we get so caught up on end-of-the-year stuff that things can easily be missed or slip by us if we’re not careful. Tammy and
“Hey! I love the podcast, and I’m hoping you might be able to tell me if my Lifecycle fund-based investment strategy overlooks any important factors.
In this episode, Tammy and Micah continue with the insights into TSP series and answer some great questions from active TSP participants. Whether you are
In this mini-series, Micah and Tammy have been talking about your TSP during a time of volatility and the strategies you can implement to encourage
“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
Today, Tammy and Micah continue to address questions they’ve been receiving regarding your TSP and market volatility. In this second part of the series, they
How are things going to unfold when it comes to your Thrift Savings Plan (TSP) account? Tammy and Micah have been getting a flood of
“I am a widow of a retired service member and receive military survivor annuity and VA pension based on my husband’s service connected death. I
Answering additional questions about Social Security, COLA, and TSP benefits. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Today, Micah and Tammy are picking up where they left off in the last episode and discussing Social Security COLA and your TSP COLA. They’ll
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 stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
I am considering leaving federal civilian employment after 14 years, which includes 8.5 years of military service. I read that I can still draw the
“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
Tips for figuring out the best plan for your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Will a form for retirement be sent to you, or do you have to request that form? Can you transfer money from a traditional TSP
At age 59 1/2, I would like to use a TSP one time withdrawal to pay off a mortgage then eventually transfer the balance to
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
Questions to ask yourself to ensure you’re properly balancing your social security and TSP so you get the most benefit. Listen to the Full Episode:
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
Are you wondering what to do about your social security or how to go about taking money from your TSP? If so, this episode is
What you need to know about your TSP benefits so you can avoid risk and maximize your retirement funds. Listen to the Full Episode: Enjoy
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
Hello Tammy and Micah, Great podcast! Learning a lot. About 5 years away for earliest retirement date. Question: let’s pretend money is NOT an issue
“I am 59 and planning to retire a year from now. My wife will retire at the same time (but at age 61, not a
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
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
What is the Special Retirement Supplement? FERS consists of 3 different components: the FERS annuity (pension), Social Security, and the Thrift Savings Plan (TSP). The
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
“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
“Micah, love your videos. I’m retired (58 years old) from USPS. Very aggressive in TSP. 40% C, 40% S, and 20% I- I’m down close
“Next May I can retire with 35 years at the age of 62. I was considering working 10 more months to retire at 63 and
“I retired on Dec 31 2019. Don’t you think I should pull all my money out of the TSP and put it in a high
“I am considering transferring/$10,000 from my TSP to my Roth account in Fidelity. Your presentation mentioned TSP to IRA to Roth. What’s the correct
“I am 60. I plan to work till 70. All bills will be paid off including house sept 2021. House value now 431,000. Tsp
Today Micah and Tammy are opening up the mailbag to answer your most burning questions about federal retirement. A few people wrote in asking about
“If I start contributing to Roth tsp this year. I am 56 that would mean I cannot take any contributions from the Roth’s for 5
Answering Retirement Questions If you have questions about your retirement from Federal Service, we can help! Our FERS Federal Fact Check for Federal Employees who
“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
TSP Contribution. My spouse recently changed her TSP contribution because her friend told her to. She currently has: L2030 80%, C-Fund 10% and S-Fund 10%.
“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
We have been receiving questions from Federal Employees across the United States this week, wondering if they should make changes in their TSP due to
“My strategy is to leave my TSP untouched and “will” it to my spouse” – Mike As Financial Advisors who work with Federal Employees, we
“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
“Thank you for the great videos, they are very informative. I do have a question for you. I am 59 years old and a retired
“Hi, I am approaching retirement age am starting to gather data. I worked for the VAMC from 1982-1996. I think I have both FERS and
“Just wondering if you ever give advice to widows/widowers. I believe we are in a unique situation that I seldom find addressed anywhere.” – Valerie
“Your TSP is an asset that can be given to future generations and your social security income is not. As the condition of social security
“If I choose to contribute to the ROTH Component of the TSP, how much can I contribute? Will ROTH TSP Contributions effect my Traditional TSP
Question “I retired from Federal Service under a VERA / VISP in 2017 with over 32 years of Federal Service and my MRA is 56
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
The Thrift Savings Plan (TSP) was created under the Federal Employee’s Retirement System Act of 1986 for federal employees and members of the uniformed services.
“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA
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
One of the questions that Federal Employees frequently ask us is how they can convert some of their Thrift Savings Plan (TSP) dollars into the
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
When we talk about your FERS Retirement, we’re really talking about several different benefits. FERS (Federal Employees Retirement System) has three main components: Basic FERS
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
When you are ready to retire, you have several TSP retirement choices. You can… Leave your money in the TSP Take monthly TSP withdrawals Annuitize
When most people think of FERS survivor benefits – they think of the survivor annuity. But you should know that there are actually many different
When we talk about CSRS Survivor benefits – most people think of the survivor annuity. But Civil Service Retirement System employees have several choices when
Video Transcription: Hi, I’m Micah Shilanski from Plan Your Federal Retirement. We just wrapped up a wonderful two days of teaching an eight-hour
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
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
*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: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of
I am eligible to retire from fed service at 57 1/2. I will have 36 years of service. I plan on using my TSP to
Listen to the Full Episode: Are you seeking clarity on TSP strategies? Join us on our latest podcast episode, where Christian and JT decode the
I am 8 years from retirement and currently invested 100% in the C fund. When should I start moving money to the G fund and
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
Hello, I appreciate your videos very much. I am active duty and retiring next year, intending on becoming a GS employee. Can you do one
Listen to the Full Episode: Are you ready to embark on a journey towards a secureretirement? Join Micah and Tammy, as they analyze advanced retirement
Listen to the Full Episode: Join us for our bonus podcast, where we address the questions we received from federal employees before our latest YouTube
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: 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
I absolutely loved the episode on what you cannot do in the TSP. Naturally, it brought up other questions in my mind. Before I got
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
“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: Learn to make informed retirement decisions and secure your financial future with valuable information in regard to your TSP, covered
Listen to the Full Episode: Whether you’re just starting your career, planning for retirement, or already in retirement, or someone looking to understand TSP better,
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn why the TSP is such a phenomenal tool for your retirement and find out what you should know about
Listen to the Full Episode: In this episode, host Micah Shilanski and a special guest – JT Ferrin, delve into explaining the meaning of TSP
“I’m about 10 years out from retirement. I’m wanting to stop putting money into the traditional tsp and start a Roth. Is that doable?” –
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
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn what’s possible and what’s not when it comes to your TSP in retirement. Here are the 7 things you
Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make
“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
Listen to the Full Episode: One of the most essential and fundamental questions is choosing the right federal retirement plan! Do you know how much
“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: The benefits in retirement that Federal Employees have are based on three things: Pension Social Security TSP To avoid misconceptions
“I have been working in the federal system for 3 years and will retire within the next 5 years. I am 62. I have a
“My wife and I updated our wills two years ago, it states that all of our estate is to go to the survivor and if
Listen to the Full Episode: There are a couple of times a year when it’s really important to have clients come in and review things.
“Can I withdraw my FERS to use as a down payment for purchase of Real Estate?” – Tracey. https://www.youtube.com/watch?v=CPm4DDHl0-c&feature=youtu.be When Federal Employees use their retirement
“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: Pros and cons to moving investments around. Enjoy the show? Use the Links Below to Subscribe:
Listen to the Full Episode: Many people want to move investments into or out of their TSP, and there are a lot of questions surrounding
“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
Micah is flying solo in today’s podcast to answer this indirect question that he gets when meeting with clients. He discusses how to decide what
“If my TSP beneficiary is currently my Trust, then upon my death, will that transfer be made by a one time full payment -20% for
“If I erroneously select an annuity from the TSP instead of a withdrawal from it, can I reverse that option? Thanks.” – Orlando. https://www.youtube.com/watch?v=8T69Yxmht-k Listen,
“I am a retired FERS federal employee (age 65). I just watched your episode about a “like kind direct transfer” of tsp funds to an
“Hello Micah, I am so glad that I happened onto your website. I have read a lot of material and have watched a lot of
”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
Answering your questions about TSP, Roth conversions, and more. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Sometimes we get so caught up on end-of-the-year stuff that things can easily be missed or slip by us if we’re not careful. Tammy and
“Hey! I love the podcast, and I’m hoping you might be able to tell me if my Lifecycle fund-based investment strategy overlooks any important factors.
In this episode, Tammy and Micah continue with the insights into TSP series and answer some great questions from active TSP participants. Whether you are
In this mini-series, Micah and Tammy have been talking about your TSP during a time of volatility and the strategies you can implement to encourage
“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
Today, Tammy and Micah continue to address questions they’ve been receiving regarding your TSP and market volatility. In this second part of the series, they
How are things going to unfold when it comes to your Thrift Savings Plan (TSP) account? Tammy and Micah have been getting a flood of
“I am a widow of a retired service member and receive military survivor annuity and VA pension based on my husband’s service connected death. I
Answering additional questions about Social Security, COLA, and TSP benefits. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Today, Micah and Tammy are picking up where they left off in the last episode and discussing Social Security COLA and your TSP COLA. They’ll
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 stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
I am considering leaving federal civilian employment after 14 years, which includes 8.5 years of military service. I read that I can still draw the
“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
Tips for figuring out the best plan for your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Will a form for retirement be sent to you, or do you have to request that form? Can you transfer money from a traditional TSP
At age 59 1/2, I would like to use a TSP one time withdrawal to pay off a mortgage then eventually transfer the balance to
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
Questions to ask yourself to ensure you’re properly balancing your social security and TSP so you get the most benefit. Listen to the Full Episode:
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
Are you wondering what to do about your social security or how to go about taking money from your TSP? If so, this episode is
What you need to know about your TSP benefits so you can avoid risk and maximize your retirement funds. Listen to the Full Episode: Enjoy
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
Hello Tammy and Micah, Great podcast! Learning a lot. About 5 years away for earliest retirement date. Question: let’s pretend money is NOT an issue
“I am 59 and planning to retire a year from now. My wife will retire at the same time (but at age 61, not a
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
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
What is the Special Retirement Supplement? FERS consists of 3 different components: the FERS annuity (pension), Social Security, and the Thrift Savings Plan (TSP). The
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
“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
“Micah, love your videos. I’m retired (58 years old) from USPS. Very aggressive in TSP. 40% C, 40% S, and 20% I- I’m down close
“Next May I can retire with 35 years at the age of 62. I was considering working 10 more months to retire at 63 and
“I retired on Dec 31 2019. Don’t you think I should pull all my money out of the TSP and put it in a high
“I am considering transferring/$10,000 from my TSP to my Roth account in Fidelity. Your presentation mentioned TSP to IRA to Roth. What’s the correct
“I am 60. I plan to work till 70. All bills will be paid off including house sept 2021. House value now 431,000. Tsp
Today Micah and Tammy are opening up the mailbag to answer your most burning questions about federal retirement. A few people wrote in asking about
“If I start contributing to Roth tsp this year. I am 56 that would mean I cannot take any contributions from the Roth’s for 5
Answering Retirement Questions If you have questions about your retirement from Federal Service, we can help! Our FERS Federal Fact Check for Federal Employees who
“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
TSP Contribution. My spouse recently changed her TSP contribution because her friend told her to. She currently has: L2030 80%, C-Fund 10% and S-Fund 10%.
“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
We have been receiving questions from Federal Employees across the United States this week, wondering if they should make changes in their TSP due to
“My strategy is to leave my TSP untouched and “will” it to my spouse” – Mike As Financial Advisors who work with Federal Employees, we
“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
“Thank you for the great videos, they are very informative. I do have a question for you. I am 59 years old and a retired
“Hi, I am approaching retirement age am starting to gather data. I worked for the VAMC from 1982-1996. I think I have both FERS and
“Just wondering if you ever give advice to widows/widowers. I believe we are in a unique situation that I seldom find addressed anywhere.” – Valerie
“Your TSP is an asset that can be given to future generations and your social security income is not. As the condition of social security
“If I choose to contribute to the ROTH Component of the TSP, how much can I contribute? Will ROTH TSP Contributions effect my Traditional TSP
Question “I retired from Federal Service under a VERA / VISP in 2017 with over 32 years of Federal Service and my MRA is 56
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
The Thrift Savings Plan (TSP) was created under the Federal Employee’s Retirement System Act of 1986 for federal employees and members of the uniformed services.
“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA
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
One of the questions that Federal Employees frequently ask us is how they can convert some of their Thrift Savings Plan (TSP) dollars into the
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
When we talk about your FERS Retirement, we’re really talking about several different benefits. FERS (Federal Employees Retirement System) has three main components: Basic FERS
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
When you are ready to retire, you have several TSP retirement choices. You can… Leave your money in the TSP Take monthly TSP withdrawals Annuitize
When most people think of FERS survivor benefits – they think of the survivor annuity. But you should know that there are actually many different
When we talk about CSRS Survivor benefits – most people think of the survivor annuity. But Civil Service Retirement System employees have several choices when
Video Transcription: Hi, I’m Micah Shilanski from Plan Your Federal Retirement. We just wrapped up a wonderful two days of teaching an eight-hour
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
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
*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: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of
I am eligible to retire from fed service at 57 1/2. I will have 36 years of service. I plan on using my TSP to
Listen to the Full Episode: Are you seeking clarity on TSP strategies? Join us on our latest podcast episode, where Christian and JT decode the
I am 8 years from retirement and currently invested 100% in the C fund. When should I start moving money to the G fund and
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
Hello, I appreciate your videos very much. I am active duty and retiring next year, intending on becoming a GS employee. Can you do one
Listen to the Full Episode: Are you ready to embark on a journey towards a secureretirement? Join Micah and Tammy, as they analyze advanced retirement
Listen to the Full Episode: Join us for our bonus podcast, where we address the questions we received from federal employees before our latest YouTube
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: 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
I absolutely loved the episode on what you cannot do in the TSP. Naturally, it brought up other questions in my mind. Before I got
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
“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: Learn to make informed retirement decisions and secure your financial future with valuable information in regard to your TSP, covered
Listen to the Full Episode: Whether you’re just starting your career, planning for retirement, or already in retirement, or someone looking to understand TSP better,
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn why the TSP is such a phenomenal tool for your retirement and find out what you should know about
Listen to the Full Episode: In this episode, host Micah Shilanski and a special guest – JT Ferrin, delve into explaining the meaning of TSP
“I’m about 10 years out from retirement. I’m wanting to stop putting money into the traditional tsp and start a Roth. Is that doable?” –
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
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn what’s possible and what’s not when it comes to your TSP in retirement. Here are the 7 things you
Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make
“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
Listen to the Full Episode: One of the most essential and fundamental questions is choosing the right federal retirement plan! Do you know how much
“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: The benefits in retirement that Federal Employees have are based on three things: Pension Social Security TSP To avoid misconceptions
“I have been working in the federal system for 3 years and will retire within the next 5 years. I am 62. I have a
“My wife and I updated our wills two years ago, it states that all of our estate is to go to the survivor and if
Listen to the Full Episode: There are a couple of times a year when it’s really important to have clients come in and review things.
“Can I withdraw my FERS to use as a down payment for purchase of Real Estate?” – Tracey. https://www.youtube.com/watch?v=CPm4DDHl0-c&feature=youtu.be When Federal Employees use their retirement
“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: Pros and cons to moving investments around. Enjoy the show? Use the Links Below to Subscribe:
Listen to the Full Episode: Many people want to move investments into or out of their TSP, and there are a lot of questions surrounding
“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
Micah is flying solo in today’s podcast to answer this indirect question that he gets when meeting with clients. He discusses how to decide what
“If my TSP beneficiary is currently my Trust, then upon my death, will that transfer be made by a one time full payment -20% for
“If I erroneously select an annuity from the TSP instead of a withdrawal from it, can I reverse that option? Thanks.” – Orlando. https://www.youtube.com/watch?v=8T69Yxmht-k Listen,
“I am a retired FERS federal employee (age 65). I just watched your episode about a “like kind direct transfer” of tsp funds to an
“Hello Micah, I am so glad that I happened onto your website. I have read a lot of material and have watched a lot of
”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
Answering your questions about TSP, Roth conversions, and more. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Sometimes we get so caught up on end-of-the-year stuff that things can easily be missed or slip by us if we’re not careful. Tammy and
“Hey! I love the podcast, and I’m hoping you might be able to tell me if my Lifecycle fund-based investment strategy overlooks any important factors.
In this episode, Tammy and Micah continue with the insights into TSP series and answer some great questions from active TSP participants. Whether you are
In this mini-series, Micah and Tammy have been talking about your TSP during a time of volatility and the strategies you can implement to encourage
“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
Today, Tammy and Micah continue to address questions they’ve been receiving regarding your TSP and market volatility. In this second part of the series, they
How are things going to unfold when it comes to your Thrift Savings Plan (TSP) account? Tammy and Micah have been getting a flood of
“I am a widow of a retired service member and receive military survivor annuity and VA pension based on my husband’s service connected death. I
Answering additional questions about Social Security, COLA, and TSP benefits. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Today, Micah and Tammy are picking up where they left off in the last episode and discussing Social Security COLA and your TSP COLA. They’ll
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 stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
I am considering leaving federal civilian employment after 14 years, which includes 8.5 years of military service. I read that I can still draw the
“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
Tips for figuring out the best plan for your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Will a form for retirement be sent to you, or do you have to request that form? Can you transfer money from a traditional TSP
At age 59 1/2, I would like to use a TSP one time withdrawal to pay off a mortgage then eventually transfer the balance to
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
Questions to ask yourself to ensure you’re properly balancing your social security and TSP so you get the most benefit. Listen to the Full Episode:
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
Are you wondering what to do about your social security or how to go about taking money from your TSP? If so, this episode is
What you need to know about your TSP benefits so you can avoid risk and maximize your retirement funds. Listen to the Full Episode: Enjoy
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
Hello Tammy and Micah, Great podcast! Learning a lot. About 5 years away for earliest retirement date. Question: let’s pretend money is NOT an issue
“I am 59 and planning to retire a year from now. My wife will retire at the same time (but at age 61, not a
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
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
What is the Special Retirement Supplement? FERS consists of 3 different components: the FERS annuity (pension), Social Security, and the Thrift Savings Plan (TSP). The
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
“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
“Micah, love your videos. I’m retired (58 years old) from USPS. Very aggressive in TSP. 40% C, 40% S, and 20% I- I’m down close
“Next May I can retire with 35 years at the age of 62. I was considering working 10 more months to retire at 63 and
“I retired on Dec 31 2019. Don’t you think I should pull all my money out of the TSP and put it in a high
“I am considering transferring/$10,000 from my TSP to my Roth account in Fidelity. Your presentation mentioned TSP to IRA to Roth. What’s the correct
“I am 60. I plan to work till 70. All bills will be paid off including house sept 2021. House value now 431,000. Tsp
Today Micah and Tammy are opening up the mailbag to answer your most burning questions about federal retirement. A few people wrote in asking about
“If I start contributing to Roth tsp this year. I am 56 that would mean I cannot take any contributions from the Roth’s for 5
Answering Retirement Questions If you have questions about your retirement from Federal Service, we can help! Our FERS Federal Fact Check for Federal Employees who
“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
TSP Contribution. My spouse recently changed her TSP contribution because her friend told her to. She currently has: L2030 80%, C-Fund 10% and S-Fund 10%.
“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
We have been receiving questions from Federal Employees across the United States this week, wondering if they should make changes in their TSP due to
“My strategy is to leave my TSP untouched and “will” it to my spouse” – Mike As Financial Advisors who work with Federal Employees, we
“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
“Thank you for the great videos, they are very informative. I do have a question for you. I am 59 years old and a retired
“Hi, I am approaching retirement age am starting to gather data. I worked for the VAMC from 1982-1996. I think I have both FERS and
“Just wondering if you ever give advice to widows/widowers. I believe we are in a unique situation that I seldom find addressed anywhere.” – Valerie
“Your TSP is an asset that can be given to future generations and your social security income is not. As the condition of social security
“If I choose to contribute to the ROTH Component of the TSP, how much can I contribute? Will ROTH TSP Contributions effect my Traditional TSP
Question “I retired from Federal Service under a VERA / VISP in 2017 with over 32 years of Federal Service and my MRA is 56
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
The Thrift Savings Plan (TSP) was created under the Federal Employee’s Retirement System Act of 1986 for federal employees and members of the uniformed services.
“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA
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
One of the questions that Federal Employees frequently ask us is how they can convert some of their Thrift Savings Plan (TSP) dollars into the
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
When we talk about your FERS Retirement, we’re really talking about several different benefits. FERS (Federal Employees Retirement System) has three main components: Basic FERS
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
When you are ready to retire, you have several TSP retirement choices. You can… Leave your money in the TSP Take monthly TSP withdrawals Annuitize
When most people think of FERS survivor benefits – they think of the survivor annuity. But you should know that there are actually many different
When we talk about CSRS Survivor benefits – most people think of the survivor annuity. But Civil Service Retirement System employees have several choices when
Video Transcription: Hi, I’m Micah Shilanski from Plan Your Federal Retirement. We just wrapped up a wonderful two days of teaching an eight-hour
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
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
*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: Are you ready to turn your retirement savings into a reliable income stream as Federal Employee? Navigating the complexities of
I am eligible to retire from fed service at 57 1/2. I will have 36 years of service. I plan on using my TSP to
Listen to the Full Episode: Are you seeking clarity on TSP strategies? Join us on our latest podcast episode, where Christian and JT decode the
I am 8 years from retirement and currently invested 100% in the C fund. When should I start moving money to the G fund and
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
Hello, I appreciate your videos very much. I am active duty and retiring next year, intending on becoming a GS employee. Can you do one
Listen to the Full Episode: Are you ready to embark on a journey towards a secureretirement? Join Micah and Tammy, as they analyze advanced retirement
Listen to the Full Episode: Join us for our bonus podcast, where we address the questions we received from federal employees before our latest YouTube
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: 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
I absolutely loved the episode on what you cannot do in the TSP. Naturally, it brought up other questions in my mind. Before I got
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
“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: Learn to make informed retirement decisions and secure your financial future with valuable information in regard to your TSP, covered
Listen to the Full Episode: Whether you’re just starting your career, planning for retirement, or already in retirement, or someone looking to understand TSP better,
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn why the TSP is such a phenomenal tool for your retirement and find out what you should know about
Listen to the Full Episode: In this episode, host Micah Shilanski and a special guest – JT Ferrin, delve into explaining the meaning of TSP
“I’m about 10 years out from retirement. I’m wanting to stop putting money into the traditional tsp and start a Roth. Is that doable?” –
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
“Love your podcast! I am a Federal retiree and fine with Thrift Savings Plan (TSP) and Federal Employees Group Life Insurance (FEGLI) standard order of
Listen to the Full Episode: Learn what’s possible and what’s not when it comes to your TSP in retirement. Here are the 7 things you
Listen to the Full Episode: Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make
“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
Listen to the Full Episode: One of the most essential and fundamental questions is choosing the right federal retirement plan! Do you know how much
“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: The benefits in retirement that Federal Employees have are based on three things: Pension Social Security TSP To avoid misconceptions
“I have been working in the federal system for 3 years and will retire within the next 5 years. I am 62. I have a
“My wife and I updated our wills two years ago, it states that all of our estate is to go to the survivor and if
Listen to the Full Episode: There are a couple of times a year when it’s really important to have clients come in and review things.
“Can I withdraw my FERS to use as a down payment for purchase of Real Estate?” – Tracey. https://www.youtube.com/watch?v=CPm4DDHl0-c&feature=youtu.be When Federal Employees use their retirement
“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: Pros and cons to moving investments around. Enjoy the show? Use the Links Below to Subscribe:
Listen to the Full Episode: Many people want to move investments into or out of their TSP, and there are a lot of questions surrounding
“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
Micah is flying solo in today’s podcast to answer this indirect question that he gets when meeting with clients. He discusses how to decide what
“If my TSP beneficiary is currently my Trust, then upon my death, will that transfer be made by a one time full payment -20% for
“If I erroneously select an annuity from the TSP instead of a withdrawal from it, can I reverse that option? Thanks.” – Orlando. https://www.youtube.com/watch?v=8T69Yxmht-k Listen,
“I am a retired FERS federal employee (age 65). I just watched your episode about a “like kind direct transfer” of tsp funds to an
“Hello Micah, I am so glad that I happened onto your website. I have read a lot of material and have watched a lot of
”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
Answering your questions about TSP, Roth conversions, and more. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Sometimes we get so caught up on end-of-the-year stuff that things can easily be missed or slip by us if we’re not careful. Tammy and
“Hey! I love the podcast, and I’m hoping you might be able to tell me if my Lifecycle fund-based investment strategy overlooks any important factors.
In this episode, Tammy and Micah continue with the insights into TSP series and answer some great questions from active TSP participants. Whether you are
In this mini-series, Micah and Tammy have been talking about your TSP during a time of volatility and the strategies you can implement to encourage
“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
Today, Tammy and Micah continue to address questions they’ve been receiving regarding your TSP and market volatility. In this second part of the series, they
How are things going to unfold when it comes to your Thrift Savings Plan (TSP) account? Tammy and Micah have been getting a flood of
“I am a widow of a retired service member and receive military survivor annuity and VA pension based on my husband’s service connected death. I
Answering additional questions about Social Security, COLA, and TSP benefits. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Today, Micah and Tammy are picking up where they left off in the last episode and discussing Social Security COLA and your TSP COLA. They’ll
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 stumbled on your podcast and the information is GOLD – thank you! I am 45 and 15 years away from retirement. This year I
I am considering leaving federal civilian employment after 14 years, which includes 8.5 years of military service. I read that I can still draw the
“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
Tips for figuring out the best plan for your retirement. Listen to the Full Episode: Enjoy the show? Use the Links Below to Subscribe:
Will a form for retirement be sent to you, or do you have to request that form? Can you transfer money from a traditional TSP
At age 59 1/2, I would like to use a TSP one time withdrawal to pay off a mortgage then eventually transfer the balance to
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
Questions to ask yourself to ensure you’re properly balancing your social security and TSP so you get the most benefit. Listen to the Full Episode:
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
Are you wondering what to do about your social security or how to go about taking money from your TSP? If so, this episode is
What you need to know about your TSP benefits so you can avoid risk and maximize your retirement funds. Listen to the Full Episode: Enjoy
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
Hello Tammy and Micah, Great podcast! Learning a lot. About 5 years away for earliest retirement date. Question: let’s pretend money is NOT an issue
“I am 59 and planning to retire a year from now. My wife will retire at the same time (but at age 61, not a
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
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
What is the Special Retirement Supplement? FERS consists of 3 different components: the FERS annuity (pension), Social Security, and the Thrift Savings Plan (TSP). The
What is the FERS Basic Benefit Plan? As a Federal Employee, your retirement consists of three components: your Basic Benefit (also called your annuity or
“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
“Micah, love your videos. I’m retired (58 years old) from USPS. Very aggressive in TSP. 40% C, 40% S, and 20% I- I’m down close
“Next May I can retire with 35 years at the age of 62. I was considering working 10 more months to retire at 63 and
“I retired on Dec 31 2019. Don’t you think I should pull all my money out of the TSP and put it in a high
“I am considering transferring/$10,000 from my TSP to my Roth account in Fidelity. Your presentation mentioned TSP to IRA to Roth. What’s the correct
“I am 60. I plan to work till 70. All bills will be paid off including house sept 2021. House value now 431,000. Tsp
Today Micah and Tammy are opening up the mailbag to answer your most burning questions about federal retirement. A few people wrote in asking about
“If I start contributing to Roth tsp this year. I am 56 that would mean I cannot take any contributions from the Roth’s for 5
Answering Retirement Questions If you have questions about your retirement from Federal Service, we can help! Our FERS Federal Fact Check for Federal Employees who
“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
TSP Contribution. My spouse recently changed her TSP contribution because her friend told her to. She currently has: L2030 80%, C-Fund 10% and S-Fund 10%.
“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
We have been receiving questions from Federal Employees across the United States this week, wondering if they should make changes in their TSP due to
“My strategy is to leave my TSP untouched and “will” it to my spouse” – Mike As Financial Advisors who work with Federal Employees, we
“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
“Thank you for the great videos, they are very informative. I do have a question for you. I am 59 years old and a retired
“Hi, I am approaching retirement age am starting to gather data. I worked for the VAMC from 1982-1996. I think I have both FERS and
“Just wondering if you ever give advice to widows/widowers. I believe we are in a unique situation that I seldom find addressed anywhere.” – Valerie
“Your TSP is an asset that can be given to future generations and your social security income is not. As the condition of social security
“If I choose to contribute to the ROTH Component of the TSP, how much can I contribute? Will ROTH TSP Contributions effect my Traditional TSP
Question “I retired from Federal Service under a VERA / VISP in 2017 with over 32 years of Federal Service and my MRA is 56
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
The Thrift Savings Plan (TSP) was created under the Federal Employee’s Retirement System Act of 1986 for federal employees and members of the uniformed services.
“Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA
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
One of the questions that Federal Employees frequently ask us is how they can convert some of their Thrift Savings Plan (TSP) dollars into the
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
When we talk about your FERS Retirement, we’re really talking about several different benefits. FERS (Federal Employees Retirement System) has three main components: Basic FERS
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
When you are ready to retire, you have several TSP retirement choices. You can… Leave your money in the TSP Take monthly TSP withdrawals Annuitize
When most people think of FERS survivor benefits – they think of the survivor annuity. But you should know that there are actually many different
When we talk about CSRS Survivor benefits – most people think of the survivor annuity. But Civil Service Retirement System employees have several choices when
Video Transcription: Hi, I’m Micah Shilanski from Plan Your Federal Retirement. We just wrapped up a wonderful two days of teaching an eight-hour
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
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
*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
