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Preparing for a RIF Separation

If you get a RIF separation email, there are certain decisions you need to make and there are programs available to you. Knowing these options and being prepared beforehand can help you get back on your feet quicker. In this episode we… • Review the options surrounding retirement. • Discuss the programs available if a RIF happens to you. • Offer critical action items you should consider starting today. Welcome to Financial Planning 4 Feds. We are dedicated to educating federal employees on how to maximize value from their government benefits by developing and executing a financial plan. 0:29 Introduction 2:10 Qualifications for Retirement 11:07 Severance Pay Eligibility 13:26 Unemployment Compensation 14:15 Reemployment Programs 15:46 Immediate Action Items Reemployment Programs 1. Agency Career Transition Assistance Plans (CTAP) 2. Priority Placement Program (PPP) 3. Reemployment Priority List (RPL) 4. Interagency Career Transition Assistance Plan (ICTAP) All Referenced Links OPM Website – Reductions in Force: https://www.opm.gov/policy-data-overs... UNEMPLOYMENT COMPENSATION FOR FEDERAL EMPLOYEES (UCFE) Fact Sheet: https://oui.doleta.gov/unemploy/docs/... Preparing for and Surviving a Government Shutdown video:    • Preparing for and Surviving a Government S...   eOPF Download Instructions from Dept of Commerce: https://www.commerce.gov/sites/defaul... Federal employees and their spouses are invited to complimentary educational workshops covering their federal benefits. For details, visit: https://fedimpact.com/VWP Federal Benefit Resources: https://www.opm.gov/ https://www.tsp.gov/ Would you like to know more? https://www.valorwealthpartners.com/   / smithec     / valor-wealth-partners     / valorwealthpartners