Ep #76: Streams of Income
Listen to the Full Episode: Cashflow is the heartbeat of retirement, so you have to know the details of your income streams, the theory, and the reality behind some of your incomes. This way – you can work on your plan. The more we plan and apply, the easier and the more successful the retirement […]
Ep #75: The Importance of Building a Financial Plan
Listen to the Full Episode: Setting goals and mapping a strategy – these are the ground rules for taking the action in your hands! No, you don’t have to be precise or super accurate – we know things change, but navigating towards a point helps you reach the correct destination when sailing. Join today’s discussion […]
FERS Postponed Retirement
“Greetings, I think I have an understanding of FERS postponed retirement, but there is one point that I have been unable resolve. I am by all measures eligible to retire now – I am 61 years old with over 42 years of service (I bought back 21 years of military time). My question – If […]
Ep #74: Choosing the best Retirement Plan
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 you should save for your retirement? Are you being realistic with your intentions and expectations? Do you have a retirement income? And what if there is a gap… is there […]
FERS Supplement and Earnings Limitations
“August 2023 I will turn 62 and stop receiving the OPM Social security . After August for the remainder of 2023 will I still be subject to the earnings limitation? I don’t plan to start drawing actual social security. ” – Ed. Is the FERS Supplement Subject to the Social Security Earnings Test? Yes, the […]
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 […]