As a civilian Federal employee, you have access to what the Government calls a Thrift Savings Plan or TSP. The TSP bears a striking similarity to some privately held retirement vehicles, like the 401k. In the same way, many companies contribute to employee 401k plans, the Government makes contributions and matches to your TSP. Maximizing [...]
Many Federal employees choose to retire on December 31st. This is primarily to optimize the conversion of paid time off. Unfortunately, this tendency causes a severe backlog in the ability of the Office of Personnel Management or OPM to process retirement requests promptly. Because of this delay, many employees have had to live on reduced [...]
As a US Government employee under the Federal Employee Retirement System, or FERS, you have at least three income streams in your retirement: The Thrift Savings Program, Social Security, and your government pension annuity. Understanding the income streams from each is key to retirement planning. The formula for determining your annuity is: 1% (or 1.1%) [...]
In 1987 the Office of Personnel Management for the Federal Government rolled out a new retirement plan for Federal employees in the Civil Service Retirement System (CSRS). The new Federal Employee Retirement System (FERS) was very different from the existing program and is now the most commonly held retirement program for Federal employees. The government [...]
For Federal government retirees, time in service is one of the most critical elements in determining when they can retire and how large their annuity payments could be. The good news is that a few situations can improve those numbers and make your retirement outlook a bit rosier. Military Time Buyback Many federal employees have [...]
Connect With Us
Jameson Financial Solutions
is proud to affirm its ownership of
and
Jameson Financial Solutions Cage: 88DU2
Copyright Federal Retirement Experts | All Rights Reserved | Privacy Policy | Terms of Use
Any media logos and/or trademarks used on this website are the property of their respective owners and no endorsement by those owners of the advisor or firm is stated or implied.
We are an independent financial services firm helping individuals create retirement strategies using a variety of insurance products to custom suit their needs and objectives. Federal Retirement Experts is a wholly owned subsidiary of Jameson Financial Solutions.
Any references to protection benefits or steady and reliable income streams on this website refer only to fixed insurance products. They do not refer, in any way, to securities or investment advisory products. Annuity guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company. Annuities are insurance products that may be subject to fees, surrender charges and holding periods which vary by insurance company. Annuities are not FDIC insured.
The information and opinions contained in any of the material requested from this website are provided by third parties and have been obtained from sources believed to be reliable, but accuracy and completeness cannot be guaranteed. They are given for informational purposes only and are not a solicitation to buy or sell any of the products mentioned. The information is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation.
