For Your Benefit

For Your Benefit

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For Your Benefit episodes

  • Spring Cleaning for the Self
    May 8, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Kari Utz-Wolsky, Nutrition and Conditioning Specialist, CFT, SPN, SSC (ISSA).  We do spring cleaning for the house, why not for ourselves? Get a head start on your summer fitness goals. On today’s program, Kari will talk about:
    How to clean up your mental space
    Using gardening as grounding
    Tips for seasonal allergy relief
    Don’t be a target for the pesky bugs
    Send in a question: Email us in advance at [email protected]
    53 min
  • Best Dates to Retire
    May 1, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Tammy Flanagan, Senior Benefits Director at NITP, Inc.
    Choosing YOUR best date to retire will help you maximize and coordinate your final days on the payroll of your agency with the first days of receiving your hard-earned retirement benefit.
    Today’s program will address the details that you need to know as you begin your transition to retirement under FERS and CSRS:
    Determine if choosing the end of the year for your retirement makes sense.
    Learn the benefits of a mid-year separation for your retirement.
    Once you decide on your exact retirement date, then you can figure out the value of your lump sum annual leave payout and the amount of “use or lose” sick leave you will have.
    Tax planning should be part of your “best date to retire” decision.
    Learn how to prepare for delays in retirement processing that may occur throughout the retirement planning process.
    There are clues to know when it’s “time” for retirement.
    YOUR best retirement date may not be the same as your coworkers.
    There are important retirement planning steps everyone should take during the months leading up to your retirement date.
    Know when to “turn on” your Social Security retirement.
     
    For questions or comments, email us in advance at [email protected]
    53 min
  • Preparing for the Loss of a Parent, Spouse, or Other Family Member

    April 24, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Joel Cundick, CFP®. On today’s program, Joel will talk about what to do after the sudden death of a spouse, parent, or other family member.  He will discuss the importance of having finances in order in advance and answer the questions:

    • What information can you gather now to minimize the difficulty of a possible death of a spouse?
    • What modifications should be made to a portfolio to stress-test it for that kind of change?
    • If you have recently lost a spouse, what are the most important things to do financially?
    • What dates are critical to remember and why?

      • For questions or comments, email us in advance at [email protected]

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      53 min
    • TSP Update from the Experts
      April 17, 2023 on ForYourBenefit, host Bob Leins, CPA® and co-host Tammy Flanagan, Senior Benefits Director at NITP, Inc., welcome Kim Weaver, Director, External Affairs, Federal Retirement Thrift Investment Board.
      Today’s discussion will focus on answering the following questions:
      The TSP changed recordkeepers last June. What did participants get from the transition?
      SECURE 2.0 became law at the end of 2022 and made a number of changes that apply to the TSP. What are they and when are they going to be implemented?
      Stats! How many participants receive the 5% match? How many millionaires? Average account balances?
      What were the administrative expenses for 2022?
      53 min
    • Understanding the Consequences of Taxes on Fixed Income
      April 10, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes John Jilek, CFP®. Are you thinking about retiring soon? Do you understand the consequences of taxes on fixed income? Tune in to this program to enhance your understanding of the following:
      Tax Withholding 101 for Federal employees. Be prepared to fully understand how you are taxed at the Federal, State, and Local levels.
      Unwinding the myth of retirement in a lower tax bracket. It just doesn’t happen for FEDs.
      Understanding the taxation issue associated with TSP pretax contributions and growth.
      Roth TSP contributions. It’s not too late, take advantage of this before you retire to build a tax-free nest egg. No – You don’t make too much income to contribute.
      Consider a team of professionals to help you through the critical years transitioning from working income to retirement income.
      The Secure Act and Secure Act 2.0 may not favor you or your beneficiaries. Make sure you plan appropriately.
      For questions or comments, email us in advance at [email protected]
      53 min
    • Financial Literacy
      April 3, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Karen Schaeffer, CFP®
      It’s Financial Literacy Month! People who are financially literate are generally less vulnerable to financial fraud and more likely to be financially secure. Join Karen Schaeffer, CFP® to learn how to master important financial skills and concepts including:
      Tracking and managing personal spending,
      Using debt responsibly,
      The miracle of compounding,
      Investment dos and don’ts, and
      Resources for improving your financial literacy.
      For questions or comments, email us in advance at [email protected]
      53 min
    • Understanding the Medicare Program

      March 27, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes David Santana, Health Insurance Specialist from the Centers for Medicare and Medicaid Services.

      • Understand your Medicare coverage choices to maximize your benefits
      • Evaluate the cost of enrolling in Medicare and premium payments
      • Summarize the choices to make an informed Medicare enrollment decision
      • Learn about recent laws that affect the Medicare program

        • For questions or comments, email us in advance at [email protected]

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        50 min
      • Are You on Track to Meet Your 2022 Tax Filing Deadline?
        March 20, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes Tom O’Rourke, Counsel. Today’s program will focus on issues related to meeting your 2022 tax filing deadline, including:
        The need to file and pay your taxes in a timely manner
        What to do if you owe taxes but cannot afford to pay
        How you can use the 2022 tax filing season as a guide to future tax saving opportunities to minimize your 2023 tax liability
        The recently enacted Secure 2.0 and the major changes in the law affecting individual taxpayers
        For questions or comments, email us in advance at [email protected]
        53 min
      • What Do I Need Life Insurance to Cover?
        March 13, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes M. Shane Canfield, CEO, and Laurie Lee, Chief Financial Officer, WAEPA. Today’s guests will talk about financial well-being and that life insurance has more uses than many are aware of. March is Women’s History Month. Today’s discussion will also focus on women and how to ensure they have the financial tools and resources they need.
        Needs analysis for life insurance at the individual level
        Coverage gap: What does it mean and how do we solve it
        Determine your financial goals and create a timeline for each goal
        The importance of financial preparation
        Obtaining the right amount of life insurance, especially for women
        What WAEPA is doing to help Federal employees
         For questions or comments, email us in advance at [email protected]
        52 min
      • Personal Insurances Overview

        March 6, 2023 on ForYourBenefit, host Bob Leins, CPA® welcomes John Jilek, CFP®. There is a 100 percent chance we will all pass away some day. Life insurance, for the majority of us, can be an important vehicle to provide financial security for those left behind. What are the milestones of life insurance for Federal Employees? Why you should think of life insurance as death insurance. Does life insurance make financial sense if held for the long term?

        • LTC Insurance is a necessity for all Federal employees that are not able to self-insure.
        • Putting Long Term Care Insurance into perspective now that the Federal LTC program is on hold.
        • Find an alternative.
        • Don’t procrastinate.
        • Property Casualty Insurance is the most overlooked personal insurance by Federal employees.
        • PIC = Proper Insurance Coverage
        • Umbrella Liability Insurance is the least understood and bought by Federal employees.
        • No Umbrella Liability = Bullseye for Lawsuit

          • For questions or comments, email us in advance at [email protected]

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          53 min

        About For Your Benefit

        From the publisher's feed

        Host Bob Leins and presenters from NITP, Inc., the national leader in Federal retirement planning seminars, present topics of interest to the Federal community including Federal benefits, Social…