Chris Kowalik outlines what Medicare Part B covers, when it starts, how Medicare works with FEHB, and the base costs (and why you may pay more) more…
FERS Disability Retirement Annuity Calculation and Other Benefits
Ed Zurndorfer outlines the three ways a FERS disability retirement annuity is calculated (3 stages based on age), and the other benefits received in this type of retirement (including spousal survivor annuity, military service deposits, health and life insurance, and Thrift Savings Plan withdrawals). A practical example is included. more…
Understanding the Impact of TSP In-Service Withdrawals
The Federal Retirement Thrift Investment Board (FRTIB) just released this helpful video on the Thrift Savings Plan in-service withdrawal options. In-service TSP withdrawals are withdrawals you make from your TSP account while you’re still working for the federal government, and can have a serious impact on your TSP account. This video covers hardship withdrawals, age 59½ withdrawals, and other withdrawal considerations. more…
Understanding the Difference Between FERS Regular (Immediate) Retirement and FERS Disability Retirement
Disability retirement should be used only when attempts have been made to preserve an employee’s federal employment, and those attempts have failed. Ed Zurndorfer outlines the differences between a FERS immediate (and unreduced) retirement and a FERS disability retirement — including the minimum retirement age requirements, the FERS basic annuity, the FERS retirement annuity supplement and concerns regarding the Federal Employees Health Benefits and other benefits. more…
New TSP Training Webinars
The Thrift Savings Plan has announced its recent line-up of free training including the topics of TSP contributions, investment funds, loans, withdrawals, and death benefits more…