Fed15 Podcast: Planning for Retirement–TSP Withdrawals and FEHB Considerations скачать в хорошем качестве

Fed15 Podcast: Planning for Retirement–TSP Withdrawals and FEHB Considerations

Dan and Katelyn discuss different TSP withdrawal options covering their pros, cons, and important things to consider when making this decision. They also discuss FEHB in retirement covering eligibility, what stays the same and what may appear different. Ultimately they discuss the importance of planning ahead to make well informed decisions for your future. https://www.stwserve.com/blog If you’d like to meet with an STWS advisor, pick a spot on our calendar here: https://stwserve.com/meet-with-us/ Register for Webinars: https://stwserve.com/register Katelyn covers how to avoid common pitfalls when withdrawing from your TSP, offering valuable insights into the three main withdrawal options. She starts by explaining the process of a full withdrawal, followed by a detailed breakdown of partial withdrawals and, finally, the installment option. For each option, Katelyn explores the key features, highlighting the pros and cons, as well as sharing best practices to help you make an informed decision. Dan focuses on FEHB in retirement, explaining when you can continue your coverage after you retire. He highlights how deductions may change, shifting from bi-weekly payments while working to monthly payments in retirement. Dan also covers the options for maintaining coverage—whether it’s for family, self plus one, or self-only—and the flexibility to make changes during open season. Additionally, he discusses the option of considering a Medicare Advantage plan within FEHB for further coverage in retirement. He also emphasizes key considerations, including the tax implications to keep in mind and the importance of planning ahead. **DISCLAIMER – THIS IS NOT FINANCIAL ADVICE** The Fed15 podcast is presented by Serving Those Who Serve, a financial planning practice serving federal government employees and retirees all over the country. This podcast is presented for information and entertainment only and is not intended to be taken as financial advice. All listeners should consult their personal advisors before taking any action. The opinions expressed therein are not the opinions of Raymond James or Serving Those Who Serve. Insurance policies have exclusions and/or limitations. The cost and availability of life insurance depend on factors such as age, health and the type and amount of insurance purchased. As with most financial decisions, there are expenses associated with the purchase of life insurance. Policies commonly have mortality and expense charges. In addition, if a policy is surrendered prematurely, there may be surrender charges and income tax implications. Guarantees are based on the claims paying ability of the insurance company. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. There is no assurance any of the trends mentioned will continue or forecasts will occur. Investing involves risk and you may incur a profit or loss regardless of strategy selected. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional.