Stay ConnectedFinancial Planner and benefits professional discuss the intricacies of
the Federal Employee Retirement System. This real world experience allows these benefits professionals to address questions they are most frequently asked by Feds as well as Human Resource departments on how benefits work.
Investment advisory services offered through CWM, LLC, an
SEC Registered Investment Advisor. 431 W 7th Ave Ste
100 Anchorage, AK 99501 (907) 278-1350
How many months' worth of living expenses do you need to have saved up and why? Do you have emergency (911 account) reserves? These questions bother a lot of people. But, the fundamental question for each of us is: What should we have in savings?
If you want to know what experts will advise you, tune in to today's podcast, where Micah and Floyd discuss the importance of emergency funds for working and retired individuals.
Find out why you should be intentional about saving and separating different accounts for different purposes and why you should consider using different banks for operating and savings accounts.
What you need to know about the earnings test for FERS Supplement and earned income.
Does everybody have the right to a FERS Supplement? Learn all about who will receive it and what you need to do and watch out for, covered by Sierra Steele.
The FERS supplement is a great benefit of your FERS retirement package. This supplement is available to federal employees who retire before age 62 and is a substitute for social security. The amount of the supplement is calculated using the same formula as Social Security, but it is unique to each employee. It's designed to create a social security piece of retirement that needs to be added for those who retire before the age of 62. But do you know what can reduce this supplement or even terminate it?
Join today's Micah and Tammy discussion and find your answers on how is the FERS Supplement Calculated and how the earned income affects it.
What do you need to know about any advantages/disadvantages of filling out beneficiary designation forms to restate this assignment? And what are the advantages/disadvantages to naming my Revocable Living Trust (husband and wife) as beneficiary?
Learn what's possible and what's not when it comes to your TSP in retirement. Here are the 7 things you can not do in TSP in Retirement, covered by Sierra Steele.
Retirement can be challenging, especially when it comes to managing your finances. One of the biggest mistakes you can make is assuming you can do anything you want with your thrift savings plan (TSP) after retirement. As a federal employee, you have phenomenal benefits, but as with any other tool, they have strengths and weaknesses. Knowing them can save you lots of money!
Tune in to today's episode, where Micah and Tammy are sharing the seven things you cannot do with your TSP in retirement and will help you understand the rules governing your TSP in retirement to avoid any costly mistakes.
I am turning 62 and I am drawing disability FERS . Can I draw social security and FERS together? End will my FERS change when I turn 62?
https://plan-your-federal-retirement.com/fers-and-social-security/
The importance of knowing what lies ahead, what to expect and what steps to take when transitioning to retirement, covered by Sierra Steele.
You are getting closer to retirement, but specific tasks must be completed to enjoy it thoroughly. You'll need to take care of all paperwork, or at least have copies of everything, a few months before retirement and a few months after the process starts, and make sure that all questions concerning service history have been answered. You should contact the human resources department, get an update on any electronic personnel records, and make sure that any beneficiary designations and health and life insurance election forms are completed. Also, before you turn it on, double-check everything.
Micah and Tammy guide you through your retirement transition in this episode. So, make sure you listen to the entire episode and implement the action items they provide because the transitional phase may be frightening for many individuals. Don't allow that to happen to you.
Our TOPPODCAST Picks 
