Tag: FERS

What Are the Tax Implications of Early Retirement for Federal Employees

Key Takeaways:
Early retirement affects federal employees’ taxes in various ways, including how retirement income is taxed and potential penalties for early withdrawals.Understanding the tax implications of pensions, TSP withdrawals,…

Getting Rid of Debt Before Taking Early Federal Retirement

Key Takeaways:
Assessing your current debt situation is crucial to understanding and managing your financial obligations before early retirement.Implementing effective debt reduction strategies and long-term

How to Handle FEHB Coverage During and After Divorce

Key Takeaways:
Understanding FEHB eligibility and coverage rules is crucial for managing health insurance during and after di…

How Does Federal Service Years Affect Your CSRS Retirement

Key Takeaways:
The number of federal service years significantly impacts the calculation of your CSRS annuity.Understanding how credi…

Avoid These Common Mistakes in TSP Withdrawal Planning

Key Takeaways:
Avoiding common mistakes in TSP withdrawal planning can significantly enhance your financial security in retirement.Understanding RM…

Making the Switch: How to Convert FEGLI to an Individual Life Insurance Plan

Key Takeaways:
Converting FEGLI to an individual policy offers greater flexibility and potentially better coverage.