Fed Pilot Podcast
The Fed Pilot Podcast - Making Federal Benefits Understandable for Humans. Answering questions about Federal Retirement Benefits taken from the Fed Pilot workshops. Want us to ask a question for us to answer? https://fedpilot.com. Created by: Kevin Jones of http://FedPilot.com and Cassie Knight of http://FedOptions.co
The Questions You Haven't Been Asking
May 18, 2024 • 1 MIN
We want to highlight the importance of asking questions about retirement benefits, such as net pension and social security amounts, maximizing income and minimizing expenses, and tips to increase benefits. Attending workshops can help individuals ask the right questions to maximize their retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Reevaluating Your FEGLI
May 16, 2024 • 0 MIN
Remember to take in consideration the diferences between FEGLI and private life insurance, emphasizing that the best choice depends on individual circumstances. There is the option to increase FEGLI after certain life events, but we also suggest evaluating the cost and value of private life insurance. We want to highlight the importance of regularly assessing one's insurance needs and adjusting policies accordingly. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
You Are Retiring When!
May 10, 2024 • 1 MIN
We want to share our advice on the best day to retire being the last calendar day of the month for maximum benefits. Contrary to HR suggestions, retiring at the end of a pay period may not be in employees' best financial interest. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
These Aren't Your Typical Boring Workshops
May 8, 2024 • 1 MIN
The workshop on retirement benefits is far from boring; participants express surprise at the engaging content, with comments like "great presentation" and "I feel like such a newbie." We want to emphasize the importance of taking action after learning, we ensure participants will stay awake, engaged, and motivated throughout the workshop! Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
My One Non Negotiable Point
May 6, 2024 • 2 MIN
In federal workshops, it is crucial that the individual assisting with retirement planning comprehends Federal benefits to avoid costly mistakes common with generalists lacking specific expertise. We emphasize the necessity of seeking help from professionals with experience in dealing with federal employees to leverage insider knowledge and maximize benefits through various "hacks." My non-negotiable advice stresses the significance of understanding Federal benefits when crafting a retirement plan, highlighting the potential pitfalls of relying on generalists unfamiliar with the intricacies of federal employment. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Do the RIGHT THINGS in the RIGHT WAY
May 1, 2024 • 1 MIN
A valuable lesson for retirement planning we'd like to emphasize is the need to not only learn about benefits but also ensure proper execution to avoid wasted efforts or ineffective strategies. Just like in workshops, in retirement planning, it is essential to have guidance and validation to steer towards the right path for a successful outcome. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Can You Opt In Later? Maybe Not...
April 28, 2024 • 1 MIN
n discussions about survivor benefits during a workshop, it was clarified that once retired, individuals cannot easily rejoin the benefits system later. There might be a workaround through marriage. This highlights the importance of making informed choices during retirement paperwork as each benefit has unique rules and exceptions. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Getting All The Benefits You Need
April 26, 2024 • 1 MIN
We talked about the importance of considering Medicare Part A and Part B eligibility and penalties when planning for retirement healthcare. We want to emphasize the necessity of making informed decisions early to avoid unnecessary costs and ensure adequate coverage. Additionally, remember the significance of evaluating other healthcare options like TRICARE to optimize benefits and minimize expenses. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Will your PENSION be ENOUGH?
April 19, 2024 • 1 MIN
By understanding what deductions are made from the pension before it reaches their bank account, people realize the need for additional retirement savings. Taking proactive steps to adjust, optimize, and plan for retirement can lead to a more financially secure future compared to solely relying on government support. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
What You Can and Can't Do
April 16, 2024 • 1 MIN
We wanted to discuss the ability to stop paying the monthly premium for Medicare Part B at any time without penalty, highlighting the importance of considering the potential consequences of dropping coverage. We'd like to emphasize the complexity of Medicare rules and the need to understand the specific guidelines for each benefit to make informed decisions. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
WHEN to get taxed on your TSP?
April 13, 2024 • 1 MIN
Something to consider when planning for retirement is how to convert a regular TSP to a Roth TSP to avoid taxes in retirement. However, the TSP does not allow this conversion. Moving the money to an IRA and doing a Roth conversion can help save on taxes. It's important to plan when to be taxed in retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
The Questions You SHOULD Be Asking
April 12, 2024 • 1 MIN
We want to emphasize the importance of asking questions about taxation and retirement planning, highlighting that no question is dumb. By questioning whether pensions get taxed, individuals can uncover a broader understanding of how taxation impacts their income and retirement benefits. The encouragement to ask questions and seek knowledge ultimately leads to a more informed approach to retirement planning. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com Want to ask a question for me to answer in a video? Ask at https://fedpilot.com/contact-us
62 And Under 30 Years
March 22, 2024 • 1 MIN
Federal employees can fully retire at 62 with 5 years of service minimum, or at 60 with 20 years of service. For the Furs retirement system, hitting the minimum retirement age and having at least 30 years of service is crucial, but there is no penalty for retiring at 62 with less than 30 years of service. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Ya, But What Should YOU Do?
March 20, 2024 • 2 MIN
We like to emphasize the importance of not solely relying on general rules or emails for retirement decisions, using the example of potential penalties for retiring at 57 with a pension. While there may not be a direct penalty, the delay in receiving a cost of living adjustment until age 62 could be seen as a detriment to one's finances. The key takeaway is to carefully assess individual circumstances and make informed decisions rather than following broad guidelines. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Does Social Security Increase? YES and NO...
March 18, 2024 • 1 MIN
The decision to take Social Security benefits at age 62 comes with considerations about potential increases in the benefit amount. While taking benefits locks in a certain price, there are still annual cost of living adjustments that provide incremental increases. The decision between taking benefits early and waiting for larger increases involves careful planning to ensure receiving the maximum amount deserved. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
THIS is the RIGHT retirement mindset
March 15, 2024 • 2 MIN
Federal employees often worry about their financial security and healthcare options in retirement. It is crucial to plan ahead and make informed decisions to ensure peace of mind throughout retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
What Is NOT a QLE For FEGLI?
March 8, 2024 • 1 MIN
We discussed the necessity of having a Qualifying Life Event (QLE) to make changes to one's insurance policy, specifically focusing on the need for a QLE when increasing the coverage. It emphasizes that events like birth, marriage, or death qualify as QLEs, while retirement does not. Additionally, it warns about potential cost increases in insurance coverage every five years and advises viewers to evaluate if the added coverage aligns with their financial needs. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
RMDs from Trad & Roth
March 5, 2024 • 1 MIN
RMDs (Required Minimum Distributions) apply to traditional TSP contributions, where the IRS mandates withdrawals based on age to collect taxes. In the past, RMDs were also taken from Roth contributions, although it didn't align with taxing Roth accounts. However, the law has been updated to only require RMDs from traditional TSP contributions, making the process more logical and in line with tax principles.
Does Part-Time Count?
February 29, 2024 • 2 MIN
Understand the intricacies of how part-time work counts towards eligibility and benefits for federal employees with our video. While part-time work does count towards eligibility, the calculation for benefits considers the hours worked over the entire career, resulting in a prorated amount. Despite confusion, working part-time for a significant duration can still make an individual fully eligible for benefits at a certain age. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
Open Season In Retirement
February 29, 2024 • 1 MIN
The general rule for Federal Benefits (FB) after retirement dictates that if an action can be done as an employee with FB, it can also be done as a retiree. This principle applies to making changes during Open Season, having a spouse on the plan, and selecting specific FB plans. While there are exceptions, this rule serves as a guiding principle for making decisions regarding FB in retirement.
Is My Social Security Statement Correct?
February 26, 2024 • 1 MIN
We encourage individuals to regularly check the accuracy of their Social Security statements by logging into their accounts and reviewing each year's earnings closely. By ensuring the numbers align with one's actual income and comparing them to tax forms, discrepancies can be easily identified. This practice is crucial as the data is pulled from the IRS and any significant discrepancies should be addressed promptly.
Health Care Peace of Mind
February 20, 2024 • 1 MIN
Having both Medicare Part B and FB provides peace of mind by knowing exactly what healthcare expenses will be covered. Paying two premiums may seem redundant, but it ensures budgeting for healthcare without unexpected costs. Attending workshops can provide detailed information and clarity on the best healthcare options for peace of mind in retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com Want to ask a question for me to answer in a video? Ask at https://fedpilot.com/contact-us
Why Do They Leave Us In The Dark?
February 14, 2024 • 2 MIN
The federal government may not provide extensive information about retirement benefits due to resource limitations and reduced HR teams. Additionally, there may be a convenient but unintentional benefit for the government in not disclosing all retirement details, as it saves them money if individuals are unaware of how to maximize their benefits. However, it is important for individuals to consider these perspectives and seek out information to make informed decisions about their retirement.
The OFFICIAL Retirement Report
February 8, 2024 • 1 MIN
It is crucial to obtain the certified summary of federal service from OPM to ensure accurate retirement benefits. Many individuals have experienced issues where OPM did not recognize their complete service history, leading to complications in retirement. It is advised to obtain this report periodically, even every five years, to ensure OPM's records are accurate and updated. Join us at a Fed Pilot workshop (webinar or in-person) and learn about your benefits and how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com Want to ask a question for me to answer in a video? Ask at https://fedpilot.com/contact-us
Can I Have 2 ROTHs?
February 6, 2024 • 2 MIN
It is possible to have two Roth accounts, one within the TSP and another outside of it. However, it is important to note that these accounts have different rules and should be managed accordingly. The rules governing funds within the TSP may be different from those outside, and it is crucial to understand these distinctions in order to make informed decisions about where to house your money throughout your career and into retirement.
Move Before Or After Retirement?
February 1, 2024 • 3 MIN
Federal employees who are planning to retire and move to another state need to consider the impact of state taxes on their pension. It is important to determine when to change their address to ensure that mail is sent to the correct location. The timing of changing the address may not be a significant concern. It is essential to prioritize important matters and not get overly concerned about less significant ones. https://fedpilot.com
It's What You Don't Know That Can Hurt You
January 30, 2024 • 1 MIN
It is crucial to seek help and guidance in the complicated federal retirement process to avoid making mistakes that could have long-lasting consequences. Statistics show that the majority of retirement applications contain mistakes, highlighting the need for assistance. By continuously learning, subscribing, attending workshops, and seeking help, you can ensure a smooth transition into retirement and a secure future. https://fedpilot.com
SS Benefits Reducing Pension
January 23, 2024 • 1 MIN
We Received a unique question about whether Social Security benefits will reduce government pensions by 2/3. Thankfully the answer is No! However, it is extremely important to understand individual rules for retirement rather than relying on rumors or misconceptions. We help you make sure the rules you're following for your retirement are right for YOU, not for someone else. https://fedpilot.com/
Survivor Benefit Plan, What Happens If Your Spouse Dies
January 16, 2024 • 1 MIN
The Survivor Benefit Plan provides financial support and healthcare to spouses in the event of the retiree's death. However, if the spouse passes away first, the retiree can inform the Office of Personnel Management (OPM) and stop making payments to the program. https://fedpilot.com
What's Taken Out Of The Interim Check?
January 9, 2024 • 1 MIN
During a Fed Pilot Workshop, we discussed how Interim pension checks are received when retirement hasn't been fully adjudicated, which can take months. These checks are only between 40 to 60% of what the retiree deserves. Deductions for state taxes, dental and vision, and long-term care are not taken out of the interim pension checks, meaning retirees have to pay for these expenses out of pocket. We know how crucial it is to be financially prepared for the first year of retirement to cover these additional costs. https://fedpilot.com
Will FEHB Lapse?
January 4, 2024 • < 1 MIN
We received a question asking "Is there any lapse of coverage in my FEHB?" and the answer is NO! Understanding the details of how they make the coverage work can be complicated, let's just say, you're covered! https://fedpilot.com
Do I Need Medicare Part B To Keep FEHB?
December 19, 2023 • 1 MIN
Currently, there is no requirement to enroll in Medicare Part B if you are keeping your Federal Health Benefits, but this may change in the future. It is important to stay updated on the rules and regulations as they can change over time, and attending workshops can help ensure you understand and are prepared for any changes. https://fedpilot.com
How To Make The Right Changes
December 6, 2023 • 2 MIN
In our Fed Pilot retirement benefit workshop, we emphasize that participants should not make material changes without having a plan in place. Making changes without a plan may result in making the wrong decisions or timing the changes incorrectly. It is crucial to have a clear understanding of one's situation and goals before making any changes to retirement benefits. https://fedpilot.com
What Day Should I Retire?
November 30, 2023 • 2 MIN
When choosing a day to retire there are a few things to consider. Retiring at the last day of the month means you'll receive the retiring benefits on the first day of the following month, so some people like this strategy because they won't have a gap in their finances. Something more important to consider is your own mental and physical limitations, these are far more important than a 2 week paycheck. Always think about what your goals and priorities are! https://fedpilot.com
Retiring Internationally - What Should I Be Thinking About?
November 28, 2023 • 1 MIN
Retiring internationally involves considerations such as taxes, healthcare coverage, and long-term care. While you will be taxed by the US federal government regardless of your residence, you may also be subject to tax in the country you retire in. While FHB has international healthcare plans, it is essential to verify if they cover all your needs. Additionally, it is important to determine if your long-term care strategy, whether self-funded or through insurance, will provide coverage in your chosen country of retirement. https://fedpilot.com #heyfeds #fedpilot #FederalEmployees #federalretirement #FederalBenefits #retirementplanning
FEGLI misunderstandings - The Importance of Double Checking Insurance and Benefits Documentation
November 22, 2023 • 1 MIN
We want to highlight the importance of double-checking insurance and benefits documentation to ensure accuracy. With Linda's experience we learned, that her life insurance was coded incorrectly in the computer system after her husband passed away, and we want to help you avoid situations like this. We want to remind our Feds how important it is to review all their forms and ensure that any changes made to their benefits are correctly reflected in the system. https://fedpilot.com
Share The Love
November 17, 2023 • 1 MIN
FedPilot has live workshops for federal employees and agencies, both in-person and online. We love the face-to-face interaction and the opportunity for real discussions and question-and-answer sessions. This is where we get to meet federal employees and understanding their needs to provide the necessary information.
How much taxes am I paying on TSP Loans?
October 5, 2023 • 2 MIN
In this transcript, Kevin discusses the taxation process for loans from the TSP (Thrift Savings Plan). While TSP loans have a low interest rate and allow individuals to pay themselves back, there are important tax implications to consider.
It's not only how much, but when will you get money?
October 3, 2023 • 2 MIN
Kevin addresses a question about the Special Retirement Supply (SRS) and how it is distributed. They explain that the SRS is included in the normal pension check received by retirees. However, he caution that the SRS may not be automatically received during the initial period of up to a year or more, known as the interim pension check phase.
VA Disability & SRS
September 28, 2023 • 1 MIN
In this transcript, Kevin addresses a question about the impact of VA disability benefits on the Special Retirement Supplement (SRS) for federal employees. The earnings test associated with the SRS determines if retirees are eligible for the benefit based on their income.
FEHB in retirement with a spouse
September 26, 2023 • 1 MIN
In this transcript, Kevin discusses the F-E-H-B (Federal Employees Health Benefits) program and its applicability in retirement. He clarifies that the five-year rule for F-E-H-B does not require one's spouse to be a part of it, allowing them to be added as a plus one in retirement.
Do You Need Medicare Part D?
September 21, 2023 • 1 MIN
In this transcript, Kevin discusses Medicare coverage and the need for additional plans to cover prescription drugs and expenses not covered by Medicare Part B and D. He highlights the importance of understanding the different options available, such as Medicare supplementals and combinations, to ensure comprehensive coverage.
Mixing Military & Federal Pensions
September 19, 2023 • 1 MIN
Kevin discusses the possibility of collecting both a military pension and a federal pension simultaneously. He clarifies that this is possible if an individual retired from the military and then had a separate career with the federal government as a civilian, accumulating the necessary years of service to qualify for a federal pension.
Deleted TSP Beneficiaries?
September 14, 2023 • 1 MIN
Kevin emphasizes the importance of updating beneficiaries in the Thrift Savings Plan (TSP) for federal employees. He explain that when a person dies, the assets in their TSP account will go to the designated beneficiaries.
AGAIN: The wrong FEHB info is shared
September 12, 2023 • 2 MIN
In transcript, Kevin addresses a common misconception about federal employees' health insurance. He clarify that federal couples, who are both federal employees, do not necessarily need to have separate health insurance plans.
How are part-time hours calculated?
September 7, 2023 • 2 MIN
In this transcript, Kevin addresses the question of how part-time work affects federal employees' retirement benefits. He explain that part-time hours are treated as if they were full-time when calculating retirement benefits.
How to Maximize Your Retirement by Lowering Your Taxes
September 5, 2023 • 1 MIN
In this transcript, Kevin addresses a question regarding state taxes on federal retirement in Kansas. He explain that whether or not state tax is charged on retirement income depends on the specific source of income.
FEGLI Doesn't Look at Health Issues
August 29, 2023 • 1 MIN
In this transcript, Kevin addresses a question about the Federal Employees' Group Life Insurance (FEGLE) coverage. He clarify that FEGLE does offer automatic approved coverage, regardless of the individual's health situation, but only when they are first hired or during rare open seasons.
Confuse Yourself by Confusing Terms
August 24, 2023 • 2 MIN
Kevin emphasizes the importance of understanding and defining terms accurately when discussing retirement. He highlight the confusion that can arise when terms are mixed up, particularly in relation to the concept of a survivor.
The SRS & The Earnings Test
August 22, 2023 • 2 MIN
In this transcript, Kevin addresses a question about the impact of working while receiving Social Security benefits. He explain that if someone retires at 62 and starts drawing Social Security, they may still work, but there is an earnings test that can result in a penalty.
How Divorce Affects Retirement
August 17, 2023 • 1 MIN
Kevin discusses the impact of divorce on federal benefits such as the Thrift Savings Plan (TSP) and pension. He clarifies that while divorce can often affect these benefits, it is not always the case.
You're Asking the Wrong FEGLI Question
August 16, 2023 • 2 MIN
In this transcript, Kevin discusses a question posed in one of their workshops regarding life insurance. The person asking the question is 62 years old with considerable savings and no spouse to leave money to after their passing.
TSP: Just Because You Can Doesn't Mean You Should
August 10, 2023 • 1 MIN
In this transcript, Kevin addresses a question about whether it is better to put money into an IRA Roth or a TSP Roth for someone who is retiring in one year.
Roth IRA or Roth TSP? Which is better?
August 8, 2023 • 2 MIN
In this transcript, Kevin addresses a question about whether it is better to put money into an IRA Roth or a TSP Roth for someone who is retiring in one year.
Cancer & FEGLI
July 5, 2023 • 3 MIN
Kevin discusses the availability of life insurance through FEGLI for individuals with cancer. He explains that while FEGLI may become expensive over time, it remains an option for those who already have it, even if they develop cancer.
Can you take Medicare Part B at Anytime?
June 30, 2023 • 1 MIN
Kevin addresses a question about Medicare Part B and emphasizes the importance of proper planning. He explain that individuals cannot obtain Medicare Part B before the age of 65. Once they reach 65, they have the flexibility to decide when to enroll, even beyond the age of 100.
Retirement - Can you add to your TSP?
June 29, 2023 • 2 MIN
Kevin addresses a common misconception about adding money to the Thrift Savings Plan (TSP) after retirement. He explain that once retired, individuals cannot contribute additional funds to their TSP, even if they have inherited money or wish to continue saving.
Survivor Benefits for Spouse By Default
June 27, 2023 • 1 MIN
Kevin discusses the survivor benefit program for federal employees. It is automatic for married employees, but their spouse can elect to receive a lesser or no amount of benefits by signing a form and having it notarized.
Not a Full Retirement?
June 23, 2023 • 3 MIN
Kevin addresses the issue of exceptions in retirement planning. He discuss a specific scenario where an individual is 62 years old with only 15 years of service, but wishes to retire.
Using Overtime in your High3
June 22, 2023 • 2 MIN
Kevin discusses the topic of overtime and its impact on the high three calculation for pensions in the federal government. He explains that, in most cases, overtime does not count towards the high three, even if it is part of the job description or requirement.
What the SRS does after 62
June 20, 2023 • 1 MIN
Kevin addresses a question about the SRS (Special Retirement Supplement) and clarifies its impact.
Turning FERS into Gold
June 16, 2023 • 2 MIN
Kevin addresses a question about whether it is possible to take money from a retirement program (referred to as "furs") and use it to invest in physical gold for diversification.
Retirement Rumors (and how to deal with them)
June 15, 2023 • 2 MIN
Kevin emphasizes the importance of having a group of people to discuss retirement planning with, as it allows for the exchange of ideas and the opportunity to ask questions.
FEHB for family members
June 13, 2023 • 1 MIN
Kevin discusses the continuation of health benefits for family members after retirement. He explain that if a retiree's family members are already on their FEHP plan, such as a spouse or children, they will continue to have it as long as the retiree is alive. He emphasizes the benefits of this program, including the fact that the rates stay the same and the plan is flexible to suit the retiree's needs and those of their family.
When the Earnings Test applies and when it doesn't
June 9, 2023 • 3 MIN
Kevin encourages individuals to attend their workshop to learn more about the earnings test and why it is important to seek professional help. The goal is to ensure that individuals receive all the benefits they are entitled to while avoiding any costly mistakes. Overall, he emphasizes the need to understand the earnings test and how it applies to different types of income to maximize retirement benefits.
Why You Don't Want to Get Rules Confused
June 8, 2023 • 2 MIN
The main takeaway from this transcript is the importance of understanding retirement planning and the potential for confusion. He emphasizes the need to differentiate between different retirement plans and ages to properly plan for retirement. They suggest attending their workshops to gain a better understanding and avoid making mistakes.
The Magical 59 1/2 for TSP
June 6, 2023 • 1 MIN
Kevin answers a question regarding the Thrift Savings Plan (TSP). The question asks if someone who is about to retire, but hasn't yet, can do anything extra with their TSP.
TSP Transaction Fees
June 2, 2023 • 2 MIN
Kevin discuss the different investment options available to federal employees, including the TSP, GFC SNI funds, and $5,000 mutual funds. He explain that while there are fees associated with all of these options, the GFC SNI funds do not have transaction fees, whereas the $5,000 mutual funds do. Speaker 1 emphasizes the importance of being aware of fees and considering them when making investment decisions, but also notes that higher fees may be associated with better quality investments.
Misconceptions about Early Outs
June 1, 2023 • 2 MIN
Kevin discuss recounts an experience where a man took an early out, expecting certain benefits that were not included in the package. He went through the benefits with him, the man began to realize that the early out was not as good of a deal as he wanted. While some individuals may still choose to take an early out, it is important to understand the implications and impact of the decision before doing so.
What if I change jobs?
May 26, 2023 • 2 MIN
Kevin suggests that people should not rely on blanket statements or general advice when it comes to buying back military time. Instead, they should evaluate their own situation and make an informed decision based on the specific details. The workshop provides an opportunity to do this and to ensure that the decision is the right one for each individual.
Military Buy Back - Yes or no?
May 25, 2023 • 1 MIN
Kevin encourages attending their workshop to gain a better understanding of the situation and make the right decision. Ultimately, the decision to buy back time from the military is up to the individual, and they should carefully consider their circumstances before making a decision.
Adding a new spouse to FEHB in Retirement?
May 23, 2023 • 2 MIN
Kevin explains that adding a spouse to health insurance and electing a survivor benefit in retirement are two separate processes. Getting married in retirement allows you to add your spouse to health insurance, but to keep the survivor benefit, you must elect it and start paying for it, even paying back missed premiums. It is recommended to attend workshops to better understand the complexity of the survivor benefit program.
Roth Conversions - To tax or not to tax
May 19, 2023 • 2 MIN
Kevin emphasizes that this type of conversion may not be the right move for everyone and recommends attending a workshop to learn more about the ins and outs of the process. He notes that it is a little complicated and requires careful consideration before making a decision. Overall, while the TSP does not allow for this type of conversion, it is possible to do so in a traditional IRA and can be a way to grow money tax-free over time.
Can I (Should I) work after federal retirement?
May 18, 2023 • 1 MIN
Kevin encourages individuals to attend their workshop to get specific questions answered and to gain a better understanding of the different avenues available to them. Ultimately, the decision to work a civilian job after retiring from the federal government is a personal one that should be carefully considered based on individual circumstances.
Can I add my Spouse to health care?
May 16, 2023 • 1 MIN
He emphasizes the importance of making plans for retirement and considering potential scenarios that may occur. By doing so, retirees can avoid unexpected situations and have contingency plans in place.
Why does the formula for sick leave change?
May 12, 2023 • 2 MIN
This video emphasizes the importance of understanding the changing rules around retirement benefits, particularly when it comes to sick leave. Speaker 1 encourages people to seek out help and attend workshops to ensure they have a clear understanding of how to calculate their retirement benefits.
Lifecycle funds not for old people?
May 11, 2023 • 1 MIN
Kevin discuss the common misconception about Lifecycle funds in retirement planning. He explain that despite the belief that these funds are only for younger people, they are actually designed for those who are about to retire.
Using or Storing Leave - Which is better?
May 9, 2023 • 1 MIN
Overall, Kevin advises that the decision on whether to use or store leave depends on personal goals. They encourage attendees to attend workshops to learn more about their options.
Can I still have Health Benefits if there is a break?
May 5, 2023 • 2 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Can you move your TSP while still working?
May 4, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How much can go into your Roth?
May 3, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Retiring in the middle of a pay period?
April 21, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
I’m past my MRA!
April 20, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Can your TRUST be your beneficiary?
April 18, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Move Traditional to Roth?
April 14, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Working From Home Affects your Retirement How?
April 13, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How the Debt Ceiling Affects Your Retirement (and your pay)
April 11, 2023 • 9 MIN
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Best State to Avoid Taxes?
April 6, 2023 • 2 MIN
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Locality Pay in Retirement?
April 4, 2023 • 6 MIN
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TSP Fees
March 31, 2023 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Is a lump sum an option?
March 30, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Overcontributing to TSP?
March 28, 2023 • 25 MIN
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Retire under 5 years?
March 24, 2023 • 1 MIN
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COLA & Best Retirement Month?
March 23, 2023 • < 1 MIN
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Working more than 42 years?
March 22, 2023 • 2 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Why you might use the Mutual Fund Window
March 21, 2023 • 5 MIN
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That’s not in my High3?!
March 20, 2023 • 2 MIN
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Can I Wait on Part B?
March 17, 2023 • 1 MIN
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Over MRA - What’s the Calculation?
March 16, 2023 • < 1 MIN
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Living Benefits on FEGLI?
March 15, 2023 • 1 MIN
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Mythbusters #2 - You get WHAT from your retirement?
March 14, 2023 • 15 MIN
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Lifecycle Open Window?
March 13, 2023 • 1 MIN
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#1: Pensions
March 10, 2023 • < 1 MIN
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#2: SRS
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#3: Social Security
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#4: Medical Benefits, FEHB & Medicare
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#5: Long-Term Care
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#6: Survivor Benefits
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#7: Federal Life Insurance (FEGLI)
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#8: Thrift TSP
March 10, 2023 • 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#9: Questions you don't know to ask
March 10, 2023 • < 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
#10: Dispelling Rumors
March 10, 2023 • 1 MIN
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#11: Retire ASAP & Control Your Retirement
March 10, 2023 • 1 MIN
Why attend a workshop? Join us: https://fedpilot.com
Why an Interim Pension Check?
March 10, 2023 • 2 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Oddball LEO question
March 9, 2023 • 2 MIN
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No Life Insurance?
March 8, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Busting our Favorite Retirement Benefits Myths #1
March 7, 2023 • 14 MIN
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The L&E Decoder Ring
March 6, 2023 • < 1 MIN
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Mid-year Cola in Retirement?
March 3, 2023 • 1 MIN
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Can I do a back door Roth with TSP?
March 2, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Who is Responsible for your Retirement? (It's not who you think it is.)
March 1, 2023 • 21 MIN
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I have social security credit outside of VA
February 28, 2023 • 1 MIN
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What is the VCP?
February 27, 2023 • 1 MIN
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How often can you move your TSP money around?
February 24, 2023 • 1 MIN
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How do you figure out your high three?
February 23, 2023 • 1 MIN
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Changes to your TSP in 2023
February 22, 2023 • 21 MIN
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Can you roll all your TSP to IRA at once?
February 21, 2023 • 2 MIN
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What was MRA again?
February 17, 2023 • 1 MIN
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Switching FEHB carriers in retirement
February 16, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How the Debt Ceiling Affects YOU and Your Retirement
February 15, 2023 • 13 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
What do you mean that FEGLI is death insurance?
February 14, 2023 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Why is my pension going down?
February 13, 2023 • 1 MIN
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I’m married to another FERS. How does FEBH work if I die but I hold it?
February 10, 2023 • < 1 MIN
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Prorating Social Security from the SRS
February 9, 2023 • < 1 MIN
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Will I get the COLA in the next year?
February 8, 2023 • 1 MIN
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Is buying time back only for those in the military?
February 7, 2023 • 1 MIN
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Your spouse and the Survivor's Benefit - Is it automatic?
February 6, 2023 • 1 MIN
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What would be the pension formula for 5 yrs and age 67
February 3, 2023 • 1 MIN
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How long after you retire until you get your annual leave paid out?
February 2, 2023 • 1 MIN
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Where can you find out exactly how many years of service you have?
February 1, 2023 • 1 MIN
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What if you are already past your MRA?
January 31, 2023 • 1 MIN
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Imagine this: your pension runs out.
January 30, 2023 • < 1 MIN
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Is Medicare Part A Free?
January 27, 2023 • 1 MIN
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Tales of a Retiree - Brian
January 26, 2023 • 31 MIN
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When is maximum retirement coverage?
January 25, 2023 • < 1 MIN
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Double Taxed on TSP Loans?!?!
January 24, 2023 • 1 MIN
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Medicare Part B or a Penalty?
January 23, 2023 • 1 MIN
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Can I get my SRS if I retire after 62?
January 20, 2023 • < 1 MIN
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I almost didn't post this video
January 19, 2023 • 1 MIN
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A Story About How Messy Things Can Get
January 18, 2023 • 2 MIN
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What is a Fiduciary (Is it important?)
January 17, 2023 • 14 MIN
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How long do I have to buy back time?
January 13, 2023 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Does my spouse/kids not get my TSP if I die?
January 12, 2023 • 1 MIN
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Will I get a pension back pay?
January 11, 2023 • 1 MIN
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How Soon is Too Soon to Prepare for Retirement?
January 10, 2023 • 17 MIN
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Can I enroll in FEHB after retirement?
January 9, 2023 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Issues With Filling Out the Retirement Application
December 20, 2022 • 18 MIN
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Does your spouse get your pension if you were to pass?
December 19, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How do you get out of paying double taxes on a TSP loan?
December 16, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Does the HIGH-3 need to be consecutive?
December 15, 2022 • < 1 MIN
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Should I Invest the SBP Money Instead?
December 14, 2022 • 1 MIN
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Fed Long-Term Care Takes a Break
December 13, 2022 • 15 MIN
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What is the SRS Formula?
December 12, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How detailed does your retirement plan need to be?
December 9, 2022 • 2 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Is our HIGH-3 the same as our retirement report?
December 8, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Is Medicare Part B Required with TRICARE?
December 7, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Can you roll your TSP over all at once?
December 6, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Your Pension vs. TSP
December 5, 2022 • 11 MIN
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Do you take your locality pay with you?
December 2, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Will the gov't take care of your retirement?
December 1, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
The New TSP Website
November 30, 2022 • 14 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
5 Consecutive Years for FEHB?
November 29, 2022 • 1 MIN
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THANK YOU
November 23, 2022 • 1 MIN
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Social Security beneficiaries?
November 22, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How much $$$$ do I get in my bank account?
November 21, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Is the TSP the same as your Pension?
November 18, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Annual Leave Payout and Pay Raises
November 17, 2022 • 2 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
In Celebration of the SLS Liftoff Yesterday - Thank you
November 17, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Advice on TSP 3-5 years before retirement?
November 16, 2022 • 1 MIN
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It's OPEN SEASON!
November 15, 2022 • 1 MIN
Now expand your open season to more than just FEHB.
What is the W in CPI-W?
November 12, 2022 • 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
When can you change FEGLI?
November 11, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
FEHB Premiums are going up how much in 2023?!
November 10, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Do you use annual leave or cash out?
November 10, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
For FEHB, are spouses included in the 5-year rule?
November 8, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Can I take Social Security at age 60?
November 4, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
Should I make changes to my TSP?
November 3, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
How NOT to fill out a Retirement Application
November 1, 2022 • 18 MIN
Was this helpful information? Just wait until the workshop!
How do you know your retirement date?
November 1, 2022 • < 1 MIN
Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better.
It’s not just what you get and retirement, it’s also how you get it
October 29, 2022 • 1 MIN
Rarely do people ask, "When do I get it? And how? Is it automatic and immediate or do I need to do things and wait?"
3 Months until a pension check?
October 29, 2022 • < 1 MIN
It isn't just what you get, but when you get it.
The Biggest Financial Crisis to Your Retirement
October 25, 2022 • 20 MIN
This episode covers the black hole of federal retirement: There is no feedback loop. If you mess up your retirement, no one learn to avoid repeated mistakes.
The TRUTH About COLAs (It's not what they tell you.)
October 18, 2022 • 25 MIN
This episode covers the side of COLAs that the government doesn't talk about.
Why HR Retirement Reports SUCK
October 11, 2022 • 21 MIN
This episode covers how lacking HR retirement reports are and how to get one that you can actually use to plan for your whole retirement.
Why your SCD is wrong and you shouldn't use it
October 4, 2022 • 29 MIN
This episode explains why some years of service count, others don't, and how to tell the difference. And where to get your OFFICIAL years of service.
How TSP Address Changes Can Hurt You
September 27, 2022 • 16 MIN
This episode covers the little known, but major, issue of addresses in TSP. Not only how to change them, but why.
Never Fill Out Your Retirement Application Alone
July 19, 2022 • 21 MIN
This episode covers how difficult it is to fill out a retirement application by yourself. To get a comprehensive report on your federal retirement benefits: http://fednobabble.com No cost, no obligation, no sales pitch. No kidding.
Complex FEHB Issues in Retirement
July 7, 2022 • 23 MIN
This episode covers: - Health Insurance for living spouse - Health insurance for kids up to age 26 - Taking time off for health issues.
The New TSP - What is in it & What is NOT
June 28, 2022 • 44 MIN
This episode covers What is in the new TSP and what is not.
#54 - Medicare & Leaving Money on the Retirement Table
May 30, 2022 • 20 MIN
This episode covers: - Medicare - How NOT to leave money on the table when you retire
#53 - SS Statements & Finding Errors
May 23, 2022 • 21 MIN
This episode covers: - SSA Statements - What do you do if you have errors?
#52 - TSP Loans & The Role of HR
May 16, 2022 • 22 MIN
This episode covers: - TSP Loans - Role of HR
#50 - 2022 TSP Updates, Part 1
April 25, 2022 • 22 MIN
2022 TSP Changes
#49 - Vaccines and Retirement, Part 1
October 29, 2021 • 26 MIN
Don't want to get the vaccine but want to retire? Are you being told things about this process that may not be true? Ya, most likely.
#48 - 6 months, Postpone, What order?
June 29, 2021 • 19 MIN
This episode covers: - When to turn in paperwork - Defer or postpone? - What to take in what order
#47 - Enough $?, Best Plan, Pro Rata
June 22, 2021 • 20 MIN
This episode covers: - Do you have enough money? - Tax Planning - Equal distribution among TSP funds
#46 - When Can I?, When Should I, TSP Loans
June 1, 2021 • 15 MIN
- Retiring at MRA - Best time to retire - TSP loans after retiring
#45 - SRS & COLA, SS Payback, Help my TSP!
May 25, 2021 • 15 MIN
This episode covers: - Working after Retirement - Payback Social Security - GFCSI?
#44 - Pension Delay, Earnings Test, Double Taxes
May 18, 2021 • 21 MIN
This episode covers: - Getting your check - Avoiding the Earnings Test - Double taxed on loans
#43 - Work ‘til 62, TRICARE or FEHB, Would You Rather?
May 11, 2021 • 17 MIN
This episode covers: - WORKING TO 62 - TRICARE OR FEHB - Would you rather Roth or Traditional?
#42 - Buy Back, COLA, Mixed Life
May 4, 2021 • 12 MIN
This episode covers: - Buy Back - COLA @ 62 - Private Life Insurance vs. FEGLI
#41 - LEOs, Penalties, MRA & TSP
April 27, 2021 • 13 MIN
This episode covers: - LEO w/ 29.4 years - SS penalty after 65 - Accessing TSP @ 55
#40 - Burn or Save, Who Pays, IRA vs TSP ( Part 3)
April 20, 2021 • 23 MIN
This episode covers: - Use or Burn? - Who pays FEGLI? - TSP vs. IRA Part 3
#39 - Locality Pay, LTC, IRA vs TSP ( Part 2)
April 13, 2021 • 20 MIN
This episode covers: - Locality in High-3 - Transfering LTC - TSP vs. IRA Part 2
#38 - Buy Back, Secondary FEHB, IRA vs TSP ( Part 1)
April 6, 2021 • 22 MIN
This episode covers: - Buying back time - Medicare & FEHB - TSP & IRAs Part 1
#37 - Chronic Health, FEHB Drain, Mortgage Pay off
March 30, 2021 • 21 MIN
This episode covers: - Retiring with chronic health issues - Does pension cover FEHB? - Paying off home mortgages
#36 - Deferred, Fed Couples, Agency Match
March 23, 2021 • 21 MIN
This episode covers: - Deferred retirements - Bonuses for married federal couples - How TSP match works
#35 - Pension vs Annuity, FRA vs MRA, and Lump vs. Annuity
March 16, 2021 • 20 MIN
This episode covers: - Pension, annuity - what’s the difference? - FRAs & MRAs - the difference - TSP lump sums and the annuity
#34 - 62 & 16, Blue States, Roth Options
March 9, 2021 • 20 MIN
This episode covers: - When you can retire - Which states tax your pension - TSP Roth or private Roth?
#33 - HR 2478, Spousal SS, Equal Funds
March 3, 2021 • 21 MIN
This episode covers: - HR2478 & buying time back - States the tax your pension - Equal distribution between TSP funds
#32 - LWOP, L Funds, Beneficiary
February 25, 2021 • 24 MIN
- What does LWOP affect? - Switching L-FUNDS - TSP beneficiaries
#31 - Too Much $, FEGLI Basic, Balancing TSP
February 23, 2021 • 20 MIN
- Retiring in the middle of the year with SRS - Pick FEGLI back up? - TSP allocations
#30 - Penalties, Whole Life, Special Provision
February 18, 2021 • 20 MIN
- Medicare Part B penalty - Whole vs. Universal life insurance - Special Provision FERS
#29 - Early Bird, Price Hikes, and Allocations
February 17, 2021 • 20 MIN
- Early Social Security - FEGLI vs. private life insurance costs - Switching to Roth
#28 - Pension Refund, FICA, Roth Switch
February 11, 2021 • 19 MIN
This episode covers: - Lump sum after OPM processes? - Max SS & Rehiring - How can you switch to Roth?
#27 - Vacation Days, Locked in, Avoid Penalty
February 9, 2021 • 19 MIN
This episode covers: - Vacation days paid out earned income? - Locked into the next FEGLI increase - 59.5 to pull out money without a penalty
#26 - LEO 62, 1991, Tax Brackets
February 4, 2021 • 19 MIN
This episode covers: - COLAs at 62 - Buy back time for temporary service - ROTH conversion planning
#25 - SF-50, 240, Conversion
February 2, 2021 • 19 MIN
This episode covers: - What is an SF-50? - Buy back time for temporary service - ROTH conversion planning
#24 - Burning SL, Still There?, Army Reserve
January 28, 2021 • 19 MIN
This episode covers: - Burning sick leave hourly - "Gap Payment" at 62? - Army Reserve pensions & all this
#23 - Draw Down, Suspension, Roth Dump
January 26, 2021 • 16 MIN
This episode covers: - Daw money from Social Security - FEHB & ChampVA - All in Roth
#22 - Compression, W2s, TRICARE
January 21, 2021 • 19 MIN
This episode covers: - Sick Leave Conversion - Survivor Benefits & TSP - Tricare, Medicare, and issues
#21 - Formulas, 8%, 5%
January 19, 2021 • 19 MIN
This episode covers: - Part-time formulas - Social Security 8% increase - What the TSP 5% is
#20 - Divorce, Retire When, Regrets
November 26, 2020 • 19 MIN
This episode covers: - Divorce and benefits - Birthday or end of month? - I can retire when?!
#19 - Death, 21, Annuities
November 24, 2020 • 18 MIN
This episode covers: - What if my spouse dies first? - What happens at 21? - Annuities and RMDs?
#18 - Parents, QLEs, TSP
November 19, 2020 • 16 MIN
This episode covers: - Adding parents to FLC - Are QLEs the only time to change? - What's in my TSP?
#17- FRA, LWOP, APWU
November 17, 2020 • 16 MIN
This episode covers: - Full Retirement Age - Social Security - Leave without pay - Postal workers insurance
#16 - SCD, Adding Hubby, Fed Couples
November 12, 2020 • 15 MIN
This episode covers: - SCD - Adding a spouse, - Fed Couples
#15 - OPM’s Report, Wages, Designated Survivors
November 10, 2020 • 17 MIN
This episode covers: - OPM’s Repo - Wages - Designated Survivors
#14 - Double Fed, Sick Leave, VA Meds
November 5, 2020 • 22 MIN
This episode covers: - Double dipping pension - Sick Leave - again - VA vs. FEHB
#13 - HR’s Report - Delayed FEHB - Private Roths
November 3, 2020 • 21 MIN
This episode covers: - How HR's Report is different - Delaying FEHB - Double Dipping Roths
#12 - Actual Pay, W2, Catching Up - Fednobabble
October 29, 2020 • 21 MIN
What is High3 based on? - Paying Minimal Taxes - Catchup Contributions
#11 - Only Feds, The Bump, Losing Weight - Fednobabble
October 27, 2020 • 20 MIN
Fed only benefits - Full SS benefits bump? - LTC ineligibility because of weight
Double Payments, Rebates, Timeframes - Fednobabble #10
October 22, 2020 • 16 MIN
This episode covers: - Pension & Supplemental payments - Rebates from FEHB - Timelines for signing up for Medicare Part B
Eligibility, HR, Sick Leave - Fednobabble #9
October 20, 2020 • 14 MIN
This episode covers: - Tricare with FEHB - Advice from HR - Limits on using sick leave
Agencies, 1.7%, YE SS - Fednobabble Episode #8
October 15, 2020 • 20 MIN
Differences in Agencies; LEO's 1.7%; Year End Social Security Snafu
Tricare, Medicare, Healthcare - Fednobabble #7
October 13, 2020 • 16 MIN
Using TRICARE & FEHB Deducting Medicare Payments Changing health care plans
5 years - SCD - Watercooler - Fednobabble Episode 6
October 8, 2020 • 20 MIN
- 5 years in FEHB - Is your SCD your SCD? - Watercooler talk that can get you into trouble
Survivor Benefits - Military - Part B - Fednobabble Episode 5
October 6, 2020 • 20 MIN
- Married CSRS & FERS survivor benefits - Military Buyback - Medicare Part B
Finalize - Earnings Test - 59 1/2 - Fednobabble Episode 4
September 29, 2020 • 21 MIN
- Interim pension backpay - The Social Security Earnings Test - TSP loans at 59 1/2
Cash out - Supplement - Premiums - Fednobabble Episode 3
September 29, 2020 • 20 MIN
- Cashing out TSP - FERS Supplement - FLTCIP Premiums
Group - +1 - Wise Roths - Fednobabble Episode 2
September 29, 2020 • 20 MIN
- Group vs. Individual FEGLI - +1 vs. Indivial FEHB - Are Roths Wise?
High 3 - Interim - Loan - Fednobabble Episode 1
September 29, 2020 • 20 MIN
Fednobabble - Making Federal Benefits Understandable for Humans(in under 20 minutes)- High 3- +Interim pension checks- Loans from the TSPTo get a comprehensive report on your federal retirement benefits:http://fednobabble.comNo cost, no obligation, no...
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