Dan and Katelyn discuss two important retirement income decisions: preparing for required minimum distributions (RMDs) and determining whether delaying Social Security benefits until age 70 makes sense.
Dan explains how required minimum distributions (RMDs) can impact taxes, Social Security taxation, and future Medicare premiums. He covers the SECURE 2.0 changes to RMD ages, common mistakes federal retirees make before their first RMD, and strategies that may help reduce future tax shocks through gap-year planning, withdrawal coordination, Roth conversions, and Qualified Charitable Distributions (QCDs).
Katelyn explores how federal employees can build a Social Security bridge strategy when delaying benefits until age 70. She discusses creating an income floor using a FERS pension, funding the gap years with TSP withdrawals, part-time work, and other savings, while managing taxes and IRMAA concerns. She also explains how delaying benefits can strengthen survivor income and when waiting until 70 may or may not fit a retirement plan
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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.
