Do you have FERS Retirement Questions? You’re not alone. Federal retirement benefits are complex.
Micah Shilanski, CFP®, is a financial planner who specializes in helping Federal Employees get the most out of their benefits. Micah has seen the mistakes people (and even some professionals!) make – and he wants to help you avoid them.
Over the years Micah has received an incredible number of questions from Federal Employees looking to understand their benefits. That’s why each month Micah answers a FERS retirement question in our ezine – FERS Federal Retirement Fact Check.
FERS Retirement Questions – Answered
Check out the list of questions we’ve already answered here…
“Where do I go to obtain the precise rules about ROTH IRA’s as they pertain to me? I am 55 and working as a Federal Employee and already contribute to the TSP ROTH and a ROTH IRA. I would like to know how the rules change at 59 1/2 with contributions.” – Kim
“I will likely have 5 years of federal service soon. Assuming an average 3 years of $185k, would I be able to take a pension after 5 years and what would be the estimated amount of the pension? Is the pension subject to income taxes if I am 59 when I retire?” – Nick
Is there a 10% penalty for signing up for $1,250 monthly straight withdrawal (not an annuity) from the TSP if I retire at my MRA @ 56 (but will not be 59 1/2)
“I have been using the regular TSP, and I am now 5+ years away from retirement. Should I change my allocations to contribute to the ROTH TSP?”
Do You Have a FERS Retirement Question?
If you’ve got a question you’re having a hard time finding the answer to, submit it here…
Need Personal Help?
Micah shares his experience through Plan-Your-Federal-Retirement.com. But he also works with individual clients. Micah helps his clients to understand their federal benefits and how to make the best choices for their personal situation.
If you’re looking for more personalized help in planning your federal retirement, consider a personal consultation with Micah. Micah is a CERTIFIED FINANCIAL PLANNER™ professional who specializes in helping Federal Employees get the most out of their retirement system.
Micah Has Unique Experience in Federal Benefits
Micah teaches in-person FERS Pre-Retirement classes. He is the founder of Plan-Your-Federal-Retirement.com. Micah has written articles for FedSmith.com. He’s been featured in articles for NARFE and GovExec. Micah has mentored other financial planners and has even taught in-person and online webinars with Tammy Flanagan.
But Micah’s most important experience with federal benefits comes from working one-on-one with his financial planning clients. Most of his clients are Federal Employees just like you.
Micah helps his Federal Employee clients through all of the nitty-gritty details. From planning for retirement, to handling the retirement paperwork, and enjoying life after retirement.
But Micah’s experience in unique. Because most experts in federal benefits know how things should go by the book – but very few have any real life experience helping individual federal employees through the entire retirement process.