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

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

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

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

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

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

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

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

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

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.