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The Federal Employee Retirement System (FERS) is one of the most comprehensive (and sometimes complicated!) retirement programs to navigate.
Your benefits as a FERS Employee are PACKED full of opportunities for retirement income planning, investing, health care, life insurance, long-term care insurance, survival benefits, and more!
It can be a lot to understand your benefits by themselves, let alone how they fit into your overall financial plan.
That is why Plan Your Federal Retirement works to educate Federal Employees on their benefits and how those benefits play into your greater financial plan.
We do not just tell you what your benefits are but, instead, what they mean! This way, when you’re ready to make “Big Life Decisions,” you can take the time to do the research and feel more educated about the decisions you’re making.
Here are some of the topics we will provide you with information on:
Oh, and while you are here, do not forget to sign up for our FERS Federal Fact Check. We take real questions from Federal Employees throughout the country and explain their benefits, how they work, and what they should watch out for.
What is a Creditable Service? Simply put, the Creditable Service is the amount of time a federal employee has worked for the federal government that counts towards their retirement, or
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 allows those employees to contribute
What is the difference between an Immediate Retirement and an Early Retirement? Let’s first define what an Immediate Retirement is, and what you need to do in order to qualify
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 Special Retirement Supplement (SRS), AKA
Get the most out of your federal retirement benefits by taking advantage of the FERS resources created by Micah Shilanski, CFP®, and the team of independent financial advisors at Shilanski & Associates, Inc. Join the thousands of federal employees who trust us to guide them in their retirement planning journey because of our unique perspective of how your FERS benefits contribute to your comprehensive financial plan.
7 CLASSIC RETIREMENT MISTAKES Federal Employees Make