Dan and Katelyn dive into the topic of federal employees taking on side gigs, discussing important considerations such as rules, regulations, compliance, taxes, deductions, and contributions. They also examine the best retirement dates between 2025 and 2030, offering insights into the rationale behind these optimal retirement windows.
Dan discusses key considerations for federal employees thinking about taking on a side gig. He covers some important rules and regulations that govern outside employment, helping employees stay compliant with federal guidelines. He also explains how additional income can impact taxes, deductions, TSP contributions, and the potential use of Roth IRAs or SEP IRAs. Dan emphasizes the importance of checking your department’s specific policies to avoid conflicts of interest and prevent future issues.
Katelyn explores the best times to retire, focusing on two key factors for FERS employees: the timing within the pay period and the optimal time of the month for pension calculations. She also explains the significance of Saturdays in this context and shares ideal retirement dates between 2025 and 2030. Katelyn addresses common income concerns and explains why December 31st is a popular retirement date among federal employees.
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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.
