Ep #73: Costly Mistakes
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… Any different kinds of SCD and any tips on taxes? Do you know all these rules and details you should consider while planning your retirement? We hope you get the […]
Withdrawing from Your TSP
“Hello, I have 31k in my TSP. Is it possible to withdraw the total amount at one time? ” – Bill. Demystifying TSP Withdrawals TSP withdrawals are a crucial aspect of managing your retirement savings. It’s important to comprehend the various withdrawal options and the implications they have on your financial landscape. Here, we break […]
Ep #72: Criminal Issues with Health Insurance and Survival Benefits
Listen to the Full Episode: Accidents happen, but some come with severe consequences. For example, when covering someone with your HSA that you shouldn’t cover, you can face severe penalties! That is why in today’s episode, Tammy and Micah cover some fraudulent issues that can come up with health insurance and survivor benefits. Listen in […]
FEHB in Retirement
“Hello , I worked for 11 years as a federal employee until age 57, now I am 62 , can I still get fehb, ie I am not enrolled in fehb since age 57 .” – Khalid. Securing Federal Employee’s Health Benefits (FEHB) in Retirement: A Comprehensive Guide At Plan Your Federal Retirement (PYFR), we […]
Ep #71: Secure Act 2.0 with Steven Jarvis
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 – Steven Jarvis, CPA. Micah and Steven will answer the most common question out there these days and clear out all of your confusion. Join us and find out what is […]
Planning to Retire with COLA Adjustments
“When should I retire to take advantage of the planned big 2023 COLA increase? If I retire in December, will my pension benefits be increased in January 2023, or my first pension check must be in 2022 to take advantage of the COLA adjustment?” – Konstantin. https://youtu.be/SW8qEwkxjuE There are always two sides to a question […]
Ep #70: Changes in Planning Over The Years, Social Security
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 about one of the most essential things in your retirement planning – Social Security – we have Floyd Shilanski and his years of experience. Find out the different strategies you […]
Choosing between Deferred Retirement and Postponed Retirement
“I plan to retire at age 57 with an MRA + 10 option. I don’t plan on taking my FERS retirement out until later age 61 or 62 depending. I have the basic life insurance and single. What is the best option to defer retirement or postpone retirement?” – Floyd. https://youtu.be/fmvas8zxa_I As a federal employee, […]
Ep #69: Sick Leave for Retirement
Listen to the Full Episode: It is crucial to be hyper-intentional when it comes to your retirement! How big of a change can your sick leave make? And how important is this subject when choosing the best day for your retirement? In this episode, we detail some tweaks you can make to your retirement plan […]
Ep #68: Social Security Increase and Cash Flow
Listen to the Full Episode: Whether you are 30, 50, or 70, a subject that has a hold on you is how to improve your financial situation. How much are you saving, and how can you save more? How can you organize your income better? It is crucial to ensure you are not just […]
Does it make sense to consolidate for your retirement?
“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 good amount of money in the 403b from my previous employer, 25 years’ worth. Are there any disadvantages/advantages in rolling over my 403b into the TSP? Thank you for your […]
Ep #64: Spending Money in Retirement
Listen to the Full Episode: Christian Sakamoto joins the show again today to discuss cash flow and the money you spend in retirement. This is often a topic that isn’t addressed properly, and budgeting typically puts a bad taste in people’s mouths, but in this episode, you will hear why some of the greatest advisors […]