FERS MID-CAREER RETIREMENT PLANNING
This seminar is available as a 1 or 2 day course. Two day versions include local experts on estate and financial planning.
This seminar provides employees at the mid-career level with an understanding of how their federal benefits will help them meet their retirement goals. It is designed to meet the needs of employees who are more than 10 years away from retirement eligibility and have at least 5 years of service. Emphasis will be placed on investment strategies and management of the TSP. Students will be introduced to online calculators which help them project TSP account balances at retirement and illustrate how much income their TSP accounts may generate in retirement. They will learn what they must do to get credit for non-covered civilian positions and military service when calculating their FERS annuities. Disability and survivor benefits will be covered. Students will receive an in-depth explanation of FEGLI and how it will change in retirement, which will help them in exploring alternatives today. And they will learn the value of other federal insurances now and in retirement.
Topics included in a typical mid-career agenda are as follows:
Creating a financial framework
- Establishing goals
- Balancing long and short term goals
- Managing debt
Understanding Your FERS Retirement Plan
- Your FERS Annuity and the supplement
- Your Social Security
- Your Thrift Savings Plan
Other investment vehicles such as IRAs
Getting the most out of your Federal Insurance
- Understanding your FEGLI overage and how costs increase over time
- Making the right moves now to continue your FEHB in retirement
- Long-Term Care Insurance for you and qualified relatives (such as parents)
- Dental, Vision and Flexible Spending
Tools of Estate Planning
Creating an Action Plan
Retirement Training &
Coaching Services, Inc.
We are a SAM Registered Company.
References are available upon request.