Federal retirement expert, Chris Kowalik, helps federal employees to understand how beneficiaries work, and what happens if no one is assigned to receive the benefit upon the death of an employee or retiree. An important topic that many federal employees overlook is making sure that their beneficiaries are up to date on several federal benefits. On the surface, this may … [Read more...] about Tips on Updating Beneficiaries to Your Federal Benefits
4 Myths About Taxes in Retirement
Federal retirement expert, Chris Kowalik, explains why taxes can derail an otherwise great retirement plan. When you’re planning for retirement, you want to make certain that your money lasts as long as possible (preferably as long as you do!). What’s one of the things that can derail an otherwise great retirement plan? Taxes. Taxes can potentially wreak havoc on your … [Read more...] about 4 Myths About Taxes in Retirement
3 Financial Pitfalls to Avoid in Retirement
A financially stable retirement depends on knowing what to do – and what not to do – with your benefits, money and assets. Federal retirement expert, Chris Kowalik, provides some common pitfalls to watch out for (and what to do about them) We all look forward to retirement as a rewarding and pleasurable time of our lives. A financially stable life … [Read more...] about 3 Financial Pitfalls to Avoid in Retirement
3 Crucial Federal Retirement Choices
There are a lot of moving parts when it comes to your retirement. Many of us become overwhelmed when faced with all of the options and decisions we need to make. Your retirement planning is a series of choices. Some are minor while others can have major consequences on your future and financial security. Given our extensive work with federal employees, we see the end … [Read more...] about 3 Crucial Federal Retirement Choices
New TSP Withdrawal and Loan Options from CARES Act
Federal retirement expert, Chris Kowalik, discusses the new guidance just released by the Thrift Savings Plan (TSP) with respect to the withdrawals and the loan options for participants affected by COVID-19. Is taking money out of your TSP account under these rules advantageous for you? Or, are there some hang-ups that you haven't considered? Chris will cover these four … [Read more...] about New TSP Withdrawal and Loan Options from CARES Act