Using an HSA: Tax Deduction Now, Tax-Free Money Later for Medical Expenses
HSAs (Health Savings Accounts) are special accounts designed to give you a tax deduction for qualified medical expenses. When you use this benefit correctly, you get a tax deduction now and get to use...
View ArticleBefore You Take the CSRS VCP Annuity…
Many times when people consider the VCP annuity, it looks like a viable option. However, there are critical problems with the CSRS VCP annuity that you should know about before you sign on the dotted...
View ArticleWhat if Your Income Dropped by 40%?
Imagine you're retired and living on a fixed income of $5,200/month. But suddenly your income dropped to $3,000/month. What changes would you have to make? Would you be able to stay retired? Who is...
View ArticleUnique ‘Gaps’ in Your FERS Retirement Income
Did you know that your FERS retirement income will have some unique twists and turns? Your retirement income will start, stop and change in ways that simply won't compute in most financial planning...
View Article3 Big Whammies for Early Social Security
Starting Social Security at age 62? Or anytime before your Full Social Security Age (65-67)? Most Federal Employees are too - but they usually haven't heard of the three big whammies that come with...
View ArticleYour Three ‘Buckets of Money’
Most Federal Employees make investment decisions on an account-by-account basis. But before you can make good choices for specific investments, it's important to look at the big picture for retirement...
View ArticleAt the Brink of an Irreversible Mistake
One federal employee ended up pulling his retirement paperwork before the big day because he almost made an irreversible mistake. He was relying on all the previous benefits estimates he had received...
View ArticleThe Biggest Problem with Benefits Estimates
Many federal employees receive Benefits Estimates when they're planning their retirement. Getting a Benefits Estimate from your HR can be a helpful place to start, but there is a big problem that most...
View ArticleMonte Carlo and Social Security Success
Did you know that changing when you turn on Social Security could increase your chances of successful retirement? The author provides an example with 4 different scenarios and how it affects the...
View ArticleYour Best Benefit? Ability to Keep FEHB in Retirement
As a federal employee, you have a number of great benefits. There is one that is often taken for granted but the author says it is actually your greatest benefit as a federal employee.
View Article
