VERA-Retirement-Guide-Federal-Employees
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.
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Fork in the Road: Frequently Asked Questions
What should Federal Employees facing the Fork in the Road do? As a Federal Employee Benefits expert, my primary advice—though not intended to be self-serving—is to consult your financial advisor. Someone who specializes in your benefits as a federal employee. Do not face these decisions alone; ensure you have a financial sounding board to thoroughly […]
Fork in the Road: A Comprehensive Guide to Deferred Resignation for Federal Employees
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. President Trump has issued executive orders requiring Federal Employees working remotely since the COVID outbreak in 2020 to return to their physical offices five days a week. Everyone anticipated that […]
#120 Reduction in Force (RIF) and Job Changes – What You Need to Know!
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 can bring uncertainty, but you can stay in control with the proper preparation. In this podcast episode, Micah and Floyd share strategies to help you navigate career changes and retirement […]
#119 FERS Retirement Benefits, What Federal Employees Should Know in 2025
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 in 2025? In this podcast episode, Micah and Floyd discuss actionable strategies to prepare you for a secure retirement. Learn how to navigate potential Social Security reductions, plan for tax […]
#118 TSP Secrets: The Key to Starting Your Year Off Right
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 reveal strategies to make the most of your Thrift Savings Plan. From updated contribution limits to the benefits of compounding interest, Roth contributions, and rebalancing your portfolio, this episode is […]
#117 The Psychological Impact of Retirement: Preparing for Life After Federal Service
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 Floyd dive deep into the emotional side of retirement, something many people overlook. Discover how to handle the loss of purpose, adjust to new routines, and stay connected with others […]
#116 The Strategic Role of Qualified Charitable Distributions in Retirement
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 John dive into the strategic role of Qualified Charitable Distributions (QCDs) in retirement planning. Discover how Qualified Charitable Distributions allow retirees to meet Required Minimum Distributions (RMDs) while supporting causes […]
#115 Essential Steps to Secure Your Federal Retirement: What You Need to Know
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 retirement and ensure you are financially prepared. Learn how securing your federal retirement involves managing cash flow, adjusting for inflation, and optimizing tax planning strategies. By focusing on ways to […]
#114 Boost Your Retirement Savings: Understanding FERS Contribution Rates
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 amount, and overall retirement plan. Understanding how FERS contribution rates impact your high-3 average salary and retirement dates is crucial for a secure financial future. Micah and Tammy discuss the […]
#113 Retirement Tax Traps: How to Avoid Surprises in Your Federal Retirement Planning
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 Distributions (QCDs), implementing effective tax strategies can significantly impact your financial future. Recognizing the importance of Required Minimum Distributions (RMDs) and the Income-Related Monthly Adjustment Amount (IRMAA) will empower you […]
#112 Crafting Your 10-Year Tax Plan: How to Reduce Liabilities in Your FERS Retirement
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 Plan (TSP) and learn how to access your funds without facing penalties. In this episode, Micah and Christian discuss vital topics, including various withdrawal options, the significance of your FERS […]