In this episode, and Katelyn discuss upcoming Social Security updates for 2026 and how federal employees can think strategically about when to claim benefits.
Katelyn breaks down several Social Security changes for 2026, including the projected COLA, the earnings test, taxation of benefits, and how claiming decisions interact with FERS pensions and TSP withdrawals. She also highlights why federal employees should consider survivor benefits, spousal benefits, and potential long-term funding concerns when planning their retirement income strategy.
Dan explores one of the biggest retirement decisions federal employees face: when to claim Social Security. He explains how benefits change when claiming at 62, full retirement age, or delaying until 70, and how health, longevity, work status, and spousal considerations can influence the decision. He also discusses coordinating Social Security with FERS pensions, TSP withdrawals, taxes, and Medicare costs to help retirees evaluate what claiming strategy may best fit their situation.
“Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Lee, Sipe & Associates, Inc. is not a registered broker/dealer and is independent of Raymond James. Content represents the opinions of the speaker and not necessarily those of Raymond James. Important Disclosure Information: http://raymondjames.com/smicd.htm.
The FedLife Podcast is your in-depth, biweekly deep dive into the world of federal benefits and retirement planning. Hosted by federal benefits expert Ed Zurndorfer and Dan Sipe of Serving Those Who Serve, each 30-minute episode unpacks the complexities of FERS and CSRS retirement, FEHB and Medicare, survivor benefits, tax planning, and more. Designed for federal employees and retirees who want more than just the basics, FedLife goes beyond the headlines to explore the rules, nuances, and strategies that can make a meaningful difference in your retirement. Remember: it’s your Fed life, make it a great one.
The Fed15 Podcast is your weekly 15(ish)-minute briefing on federal benefits and financial planning, built specifically for federal employees and retirees. Hosted by Dan Sipe and Katelyn Murray of Serving Those Who Serve, each episode delivers clear, actionable guidance on topics like FERS and CSRS retirement, TSP strategies, FEHB, survivor benefits, tax planning, and more! Whether you’re five years from retirement or already there, The Fed15 helps you cut through the noise, avoid costly mistakes, and make confident decisions about your federal benefits.
