What to Consider Before You Touch Your TSP—Federal Employees’ Guide to Making the Right Withdrawal Choices
Key Takeaways
Making withdrawals from your Thrift Savings Plan (TSP) as a federal employee can significantly impact your long-term financial health; understanding the tax implications and penalties is essential.Choosing the right wit …
FEGLI: Is It Still Worth It After You Retire? Here’s What the Numbers Say
Key Takeaways:
If you’re keeping FEGLI into retirement, understanding how the cost structure shifts as you age is critical—it might be costing you more than it’s worth.There are alternatives to consider that could save you mone…
FERS Isn’t Just Your Pension—Here’s Why It’s the Key to a Wealthy Retirement in 2024
Key Takeaways:
The Federal Employees Retirement System (FERS) isn’t just about your pension—it’s a powerhouse that ca…
Medicare vs. FEHB: The Dynamic Duo Federal Retirees Are Using to Slash Healthcare Costs
Key Takeaways:
Federal retirees are saving thousands by coordinating their Medicare and FEHB plans, giving them more options while cutting down healthcare expenses.Understanding how Medicare and FEHB work tog…
FERS in 2024: Why Federal Workers Are Recalculating Their Retirement Plans Right Now
Key Takeaways
FERS updates in 2024, including increased FEHB premiums and TSP limits, are reshaping federal workers’ retirement plans.Reviewing your FERS benefits in light of rising costs and new contribution limits is essentia…