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Monthly E-News Understanding Social Security Disability Insurance (SSDI) Originally Published: November 2020By: Bob Braunstein, Federal Benefits Specialist The Relationship Between OPM Disability Retirement and SSDI Most Federal employees are able to retire from Federal service around 56 or 57 years of age after completing 30 or more years of creditable service. These retirements are immediate and…

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Do You Understand Your Federal Benefits? Look Below the Surface, Just in Case

By: Site Owner

Published: May 22, 2024

Author: Bob Braunstein, Federal Benefits Specialist

Did you think some Federal benefits are “no brainers”? Do you think these statements are true? 

While all these statements could be true, more often than not they aren’t. 

Let’s take a closer look:

High-3 average salary

While many believe their High-3 salary is always…

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This entry was posted in News on May 22, 2024 by Site Owner.

What Everyone Needs to Know About Money – Before Turning 40

By: Site Owner

Published: April 22, 2024

Author: Kaitlin Schaeffer Yardley, CFP®

Turning forty is often associated with over-the-hill, but it is also a time to reflect on the knowledge gained by reaching this milestone.  If knowledge is power, then by the time we reach forty we have learned some pretty powerful lessons. When it comes to making…

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This entry was posted in News, Uncategorized on April 22, 2024 by Site Owner.

Retirement – Do You Know the Requirements?

By: Site Owner

Published: March 20, 2024

Author: Ray Kirk, Ph.D., Federal Benefits Specialist

“I’m going to retire.”  Congratulations.  You’ve made the big decision.  Now, what do you do?  This article focuses on four important activities to get you started on the path to retirement.  They are:  Confirm your agency’s retirement application procedures and timelines; Get estimates…

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This entry was posted in News, Uncategorized on March 20, 2024 by Site Owner.

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What to Do First When a Loved One Dies

By: Site Owner

Published: March 2, 2024

Author: Marc S. Levine, Esq. Handler & Levine, LLC

The emotional aspect of dealing with the passing of a loved one, even if expected – can be distressing, but often, the most stressful and overwhelming part comes right after when you start thinking about the practicalities…

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This entry was posted in News on March 2, 2024 by Site Owner.

Senior Man

Smart Money Tips for the New Year

By: Site Owner

Published: January 24, 2024

Author: Karen Schaeffer, CFP®

Happy New Year! 

Quick, before the optimism of the season gives way to the same-old money habits, here are some smart money tips to ensure a prosperous new year.

Finally, if you’re struggling to implement what you know is a smart money strategy, maybe it’s time…

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This entry was posted in News on January 24, 2024 by Site Owner.

Year-End Financial Planning

By: Site Owner

Published: December 13, 2023

Author: Brian Kurrus, CFP®

The end of the year is a great time to review your financial plan and complete changes as you head into the new year. Here are some important year-end items to review.

1.  Maximize your 2023 retirement plan contributions to TSP by December 31st. You can max…

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This entry was posted in News on December 13, 2023 by Site Owner.

Year End

TRICARE Plus FEHB – A Possible Health Benefits “Ace in the Hole” Arrangement When You Retire

By: Site Owner

Published: December 6, 2023

Author: Bob Braunstein, Federal Benefits Specialist

Are you military retired? Are you planning to retire from civilian service at the end of a year? Then this article is for you. During the next Open Season consider enrolling in an FEHB plan to gain your Ace in the Hole. Follow the…

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This entry was posted in News on December 6, 2023 by Site Owner.

Cards Ace

How To Use Health Insurance Open Season to Reduce Your Tax Liability

By: Site Owner

Published: November 15, 2023

Author: Tom O’Rourke, Counsel

The annual health insurance Open Season offers Federal employees an opportunity to not only provide for their health coverage, but also to reduce their income tax liability. For 2023, the Open Season is from November 13 through December 11, 2023. During this period, Federal employees will be able…

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This entry was posted in News on November 15, 2023 by Site Owner.

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What Happens After You Retire?

By: Site Owner

Published: October 25, 2023

Author: Ray Kirk, Ph.D., Federal Benefits Specialist

“What happens next?” and “When do I start getting my annuity payments?”. 

These are two questions frequently asked by employees nearing retirement and recently retired employees. This article will explain the steps in the retirement application process and estimated timelines.

OPM recently posted a 

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This entry was posted in News on October 25, 2023 by Site Owner.

Retirement File

Your Social Security Retirement Benefit: What Income Determines It?

By: Site Owner

Published: September 27, 2023

Author: Bob Braunstein, Federal Benefits Specialist

When you file for your Social Security benefit, the amount you receive is generally based on your work earnings – income that you earned while working subject to the Social Security payroll tax.  Your benefit could otherwise be based on the work history of a…

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This entry was posted in News on September 27, 2023 by Site Owner.

Social Security Cards and Cash Money

Financial FAQs

By: Site Owner

Published: August 23, 2023

Author: Brian Kurrus, CFP®

Financial planning brings many questions on the path to retirement but some questions seem to come up more often than others.  Here are some of the most common frequently asked questions and key strategies to keep in mind. 

Should I pay off debt or invest?

Debt can…

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This entry was posted in News on August 23, 2023 by Site Owner.

Financial FAQ

Medicare and FEHB – What You Need To Know

By: Site Owner

Published: July 26, 2023

Author: Herb Casey, Federal Benefits Specialist

As a Federal employee or Federal retiree, you probably have had questions about how Medicare and Federal Employees Health Benefits (FEHB) work together. This article will help you understand the four most common Medicare Parts (A, B, C and D) available once you are eligible for…

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This entry was posted in News on July 26, 2023 by Site Owner.

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Federal Benefits FAQs

By: Site Owner

Published: June 21, 2023

Authors: Various

We asked our Federal Benefits Presenters to share questions that are most frequently asked during their presentations.

Question: My spouse and I are both Federal employees and want to know whether we should leave survivor benefits to each other.

Answer: There are important reasons you may want to leave a…

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This entry was posted in News on June 21, 2023 by Site Owner.

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Financial Literacy

By: Site Owner

Published: April 26, 2023

Author: Karen Schaeffer, CFP®

Happy Financial Literacy Month! We may have started the month with April Fool’s Day but there’s nothing foolish about having the skills to make smart money decisions. Sadly, according to various surveys and studies, it appears that most Americans do not possess a strong level of financial literacy. FINRA…

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This entry was posted in News on April 26, 2023 by Site Owner.

Wooden blocks with the text FINANCIAL LITERACY lie on a light background on a white calculator. Nearby is a black handle. Business concept

Tips for Building a Powerful Resume

By: Site Owner

Published: March 24, 2023

Author: George Marchant, Technical Recruiter

A resume is a document that represents one’s experience in their professional career. It is a glimpse in to one’s ability and track record that may or may not translate to future success in a job in the eyes of an employer. Resumes allow someone…

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This entry was posted in News on March 24, 2023 by Site Owner.

Understanding Service Computation Dates – Not So Simple

By: Site Owner

Published: March 22, 2023

Author: Bob Braunstein, Federal Benefits Specialist

Is your Retirement Service Computation Date the same date as your Leave Service Computation Date?

While this is likely, there are several reasons why they could be different. The rules and procedures for setting, constructing, or changing Service Computation Dates, also known as SCDs can…

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This entry was posted in News on March 22, 2023 by Site Owner.

Calcu Counts