Episodes

  • Mutual Fund Window

    Mutual Fund Window
    Jul 17 2024
    The government made changes to the Thrift Savings Plan (TSP) by introducing a mutual fund window in 2022, offering access to 5,000 additional mutual funds beyond the typical GFC Sni funds. To explore these mutual funds, individuals can log into tsp.gov, create a mutual fund window account, and assess the fees associated with these funds. Despite the potential for higher fees, it's essential to evaluate if utilizing these mutual funds aligns with your financial goals and risk tolerance. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    3 mins
  • Dying Before Retirement

    Dying Before Retirement
    Jul 11 2024
    The Survivor Benefit Plan provides money and access to health care for a spouse if an employee were to die before retirement, with the benefit being free and automatic. After retirement, the spouse can still access the plan, but the employee would need to start paying for it if desired to continue the coverage. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    1 min
  • SCD and other details you missed

    SCD and other details you missed
    Jul 5 2024
    We want to highlight the importance of distinguishing between different Service Computation Dates (SCDs) for retirement and leave purposes. While the SCD for retirement can be found on pay stubs, the SCD for leave is different and crucial to understand to avoid making poor decisions.
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    1 min
  • Put Your Raise Where

    Put Your Raise Where
    Jun 27 2024
    To adjust contributions in your TSP, access your employee portal and modify the settings either by a percentage of your salary or a specific dollar amount. Opting for a percentage allows for automatic adjustments with raises, suggesting a strategy of saving extra income for retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com Want to ask a question for me to answer in a video? Ask at https://fedpilot.com/contact-us #heyfeds #fedpilot #federalemployees #federalretirement #federalbenefits #RetirementPlanning
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    1 min
  • What Gets Pulled Out When

    What Gets Pulled Out When
    May 25 2024
    In retirement, FHB premiums are taken out of your pension, but not all other deductions. Different parts of your pension have different rules. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    2 mins
  • The Questions You Haven't Been Asking

    The Questions You Haven't Been Asking
    May 18 2024
    We want to highlight the importance of asking questions about retirement benefits, such as net pension and social security amounts, maximizing income and minimizing expenses, and tips to increase benefits. Attending workshops can help individuals ask the right questions to maximize their retirement. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    2 mins
  • Reevaluating Your FEGLI

    Reevaluating Your FEGLI
    May 16 2024
    Remember to take in consideration the diferences between FEGLI and private life insurance, emphasizing that the best choice depends on individual circumstances. There is the option to increase FEGLI after certain life events, but we also suggest evaluating the cost and value of private life insurance. We want to highlight the importance of regularly assessing one's insurance needs and adjusting policies accordingly. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    2 mins
  • You Are Retiring When!

    You Are Retiring When!
    May 10 2024
    We want to share our advice on the best day to retire being the last calendar day of the month for maximum benefits. Contrary to HR suggestions, retiring at the end of a pay period may not be in employees' best financial interest. Join us at a Fed Pilot workshop (webinar or in-person) and not only learn about your benefits, but how to prepare for retirement. The earlier in your career, the better. Register: https://fedpilot.com
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    1 min