"Should I keep my FEHB plan after I retire?" is one of the most important questions Federal employees must answer as they prepare to end their service. By Brian Swerdlow One of the more complex federal benefits is the Federal Employee Health Benefit or FEHB. Many government employees struggle with the decision to [...]
Authored By Vincent J. Bono, JD.Annuity Innovators Contributed by Brian Swerdlow Retirement planning involves an almost overwhelming number of decisions, including choosing the correct mix of products and strategies to help you achieve your financial objectives. One potential approach to income planning for retirement is annuitization. Annuitization enables a retiree to add [...]
Federal employees enjoy a variety of retirement benefits, among which the FERS Supplement and the 10% Pension Bonus stand out. However, you cannot get these benefits simultaneously due to their specific eligibility criteria. This article explores the pros and cons of each to help you determine which might be more advantageous for [...]
In this three and half minute video, Teresa Kuhn, JD, RFC gives you just a few of the reasons why specially-designed and modified whole life insurance is catching on as perhaps the ultimate cash management tool. 21st Century whole life policies bear little resemblance to what your parents or grandparents may have had. Check out [...]
https://www.youtube.com/watch?v=9TxPXSgmBoI by Brian Swerdlow Many federal retirees are eligible to receive Social Security benefits as early as age 62. However, some choose to wait until their full retirement age (FRA) to claim their benefits. The full retirement age for those born in 1958 is currently 66 years and eight months, rising to age 67 [...]
https://www.youtube.com/watch?v=GnvXRxejwVI
by Rick Sparkman Pathfinders Wealth The Internal Revenue Service (IRS) and the Treasury Department have issued the final rules for required minimum distributions (RMDs) for beneficiaries under the 10-year rule, effective September 17, 2024. These rules affect beneficiaries of retirement accounts, mandating annual distributions with the requirement to deplete the entire account within [...]
by Brian Swerdlow The FERS Supplement, also known as the Social Security Supplement or Special Retirement Supplement, is officially referred to as the Retiree Annuity Supplement (RAS) by the Office of Personnel Management (OPM) in Chapter 51 of the CSRS/FERS Handbook. Despite common misconceptions, this benefit applies not only to employees under the [...]
by Brian Swerdlow Artificial intelligence (AI) is poised to transform the workforce, bringing both opportunities and challenges. Predictions suggest that AI will significantly impact job tasks for a substantial portion of the workforce, potentially automating thirty percent or more of work hours. Despite these impending changes, businesses and Congress have done little to [...]
Are you a USPS employee? Get ready for your new health insurance program. by Brian Swerdlow As the United States Postal Service (USPS) gears up to launch a new health insurance program, the Office of Personnel Management (OPM) is addressing a crucial issue: the potential impact on Medicare-eligible retirees who opt out of [...]
by Brian Swerdlow Selecting the right Federal Employee Health Plan (FEHB) for you and your family is a crucial decision that impacts your healthcare coverage and finances. With numerous plans available, it's essential to navigate through the options carefully to find the one that best meets your needs. Here are three critical steps [...]
by Brian Swerdlow If you work for the federal government then you appreciate the numerous benefits, including attractive and robust insurance options. A standout perk is your ability to potentially continue your insurance coverages into retirement. However, not all employees qualify, and specific requirements must be met. Here’s a look at how some [...]
