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FEGLI After Retirement: Here’s the One Thing to Avoid

02/01/2024
A basic overview of FEGLI and how it works- Understanding what happens to FEGLI after retiring from federal service One thing to avoid – don’t drop coverage when you can keep some coverage at no additional cost. The Federal Employee ... Read More

The Fed15 Podcast: How to Improve Your Financial Outlook in 2024

01/30/2024
Some steps to take in January that Feds can take to create a brighter financial future. Do you know how much you are paying in interest? How about earning? And Dan gives a great overview of FEGLI option A coverage. ... Read More
FERS Things First ; image: smiling older man

What Is FERS Pension? Deferred vs. Postponed Retirement Explained

01/24/2024
Understanding What Is FERS Pension: Deferred and Postponed Retirement Federal employees trying to pave their path to retirement should be aware of the age reduction penalties that come with retiring early. Here we explore the cost of two years (mostly ... Read More
FERS Things First ; image: smiling older man

FERS Things First: Age Reduction Penalties

01/24/2024
Understanding deferred and postponed FERS retirement and retiring early. What is the cost of 2 extra years of working? (60 vs. 62) Learn more about age reduction penalties and federal retirement. Federal employees trying to pave their path to retirement ... Read More

The Fed15 Podcast: Financial Planning for Your Federal Retirement

01/23/2024
Dan and Katelyn discuss some shotput before going over the following topics: 2024 GSA reimbursement rates for gas mileage who use a vehicle for federal business. Financial planning for federal employees: Katelyn goes over some tips and reminders. The Fed15 ... Read More

Monthly Quiz for Federal Employees: January 2024

01/19/2024
This month’s quiz for federal employees and retirees. UPCOMING TSP WEBINAR [ays_quiz id=”70″] **Written by Benjamin Derge, Financial Planner, ChFEBC℠ The information has been obtained from sources considered reliable but we do not guarantee that the foregoing material is accurate ... Read More

Non-Appropriated Fund Service and Retirement

01/18/2024
How Non-appropriated Fund (NAF) Service Affects Civil Service Retirement A Nonappropriated Fund (NAF) employee is an individual who is employed in and receives compensation from a Nonappropriated Fund Instrumentality (NAFI). NAF employees are federal employees, but they are not covered by ... Read More

Top 5 Steps for Making a Better Financial Future in 2024

01/17/2024
Start the year off right by focusing on a better financial future. Here are some steps you can take now. by STWS Advisor Jennifer Meyer, CFP© At the start of every year, we are focused on how we can improve ... Read More

Financial Planning at the Onset of Federal Retirement

01/11/2024
Learn the importance of managing income in the first several months after retiring from the federal government Expanding the gap between TSP withdrawals and why you need a rainy day fund Financial planning for federal employees can help ease transition ... Read More

High-Three Average Salary Calculation for Federal Employees

01/10/2024
“Federal employees who retire from federal service will receive a guaranteed pension in the form of a monthly annuity that is calculated using a “high three” average salary. Federal employees who meet the requirements to retire from federal service will ... Read More