Federal Retirement Benefits

18
May

Useful Retirement Planning Strategies for Government Employees

Working for the government usually requires a different type of retirement plan than average Americans who receive 401(k) plans from their employers and Social Security benefits from the government. Several retirement benefits are available to government employees. Here’s a look at how federal employees can strategize their retirement planning. Thrift Savings Plan Contributions and Investment Schemes A popular federal retirement

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27
Apr

5 Frequently Asked Questions About Federal Employee Insurance

Being a federal employee has many perks, including a robust pension scheme and health insurance plan. Here are answers to some of the questions you may have as you begin your federal retirement planning. Will My Premiums Increase When I Retire? No. Retirement won’t raise your premiums. You’ll be paying the same amount every month as you paid while you

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30
Mar

6 Common Myths About Federal Retirement Benefits You Need to Be Aware Of

If you’re a federal employee, you’ve likely heard or read about many do’s and don’ts regarding your retirement planning. However, depending on the source, some of the information may or may not be true. To help you effectively plan for your retirement, let’s dispel some of the myths surrounding federal employees’ retirement. Myth 1: Social Security Will Not Be There

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23
Mar

Qualified Vs. Nonqualified Retirement Plans: How Are They Different?

One way for employers to build employee loyalty is to offer retirement plans. The Employee Retirement Income Security Act (ERISA), which became effective in 1974, opens the door to qualified plans that protect employees. ERISA guidelines define which retirement plans are qualified and which ones are non-qualified. Here’s a look at how these plans differ. What is a Qualified Retirement

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