At FedSmart Retirement, we offer a comprehensive range of services designed to help federal employees navigate the complexities of their retirement benefits. Our knowledge spans key areas such as FERS (Federal Employees Retirement System), CSRS (Civil Service Retirement System), and the Thrift Savings Plan (TSP). We also provide guidance on important benefits like Social Security, Medicare, FEHB (Federal Employees Health Benefits), FEGLI (Federal Employees Group Life Insurance), and Long-Term Care planning.
Whether you need assistance in understanding your pension, maximizing your savings, or ensuring your healthcare needs are met post-retirement, we offer personalized advice every step of the way.
At FedSmart Retirement, we guide federal employees through the complexities of their retirement systems, helping them make informed decisions about their financial future. With over 21 years of experience, our team has developed an in-depth understanding of federal retirement benefits, including FERS, CSRS, Thrift Savings Plan (TSP), Social Security, Medicare, and more.
We know that every federal employee’s retirement journey is unique. Whether you’re just starting to plan or you’re nearing retirement, we take a personalized approach to address your specific needs. Our understanding of Thrift Savings Plans (TSP), Social Security, Medicare, and other federal retirement benefits allows us to craft a financial strategy that’s tailored to your goals, to hopefully give you confidence as you transition into retirement.
FERS (Federal Employees Retirement System) and CSRS (Civil Service Retirement System) are two different retirement systems for federal employees. FERS is the more modern system, while CSRS is an older one. Each system has different rules, benefit structures, and eligibility requirements.
Maximizing your TSP involves understanding your investment options, contributing consistently, and making strategic withdrawals. We can help you develop a personalized plan to potentially grow your TSP for retirement.
Federal employees are eligible for Social Security benefits just like private-sector workers, but the timing and amount can vary based on your work history and retirement age. We can help you determine the suitable time to start your benefits.
Medicare becomes available to employees and retirees at age 65. We can help guide you through the process of enrolling in Medicare and understanding how it complements your FEHB (Federal Employees Health Benefits) plan.
Yes, you can keep your FEHB coverage into retirement as long as you have had them the immediate 5 years before retirement and are going out on an immediate unreduced pension.
FEGLI (Federal Employees Group Life Insurance) provides life insurance for federal employees. Whether you should keep your FEGLI coverage after retirement depends on your personal needs and goals. We help you evaluate your options.
Your pension from FERS or CSRS will provide regular lifetime income throughout retirement. We assist in understanding how much you can expect gross and more importantly net, and we’ll work with you to decide whether to supplement it with other savings or investments
The FERS supplement is a benefit for federal employees retiring under the Federal Employees Retirement System (FERS) before the age of 62. It acts as a bridge payment until you become eligible for Social Security benefits. To qualify you must go out under an immediate, unreduced retirement.
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