Although, as a federal employee, you should begin planning for retirement years before you hand in your application, the year before retirement is critical to set yourself up for the transition. This period is essential since you’ll have limited time to review your finances and make decisions that will affect the rest of your life.Continue reading “What Federal Employees Should Do 1 Year Before Retirement”
Category Archives: FEGLI
8 Things Federal Employees Should Do 5 Years Before Retirement
Retirement is a significant milestone, representing the culmination of years of hard work and the prospect of a well-deserved break. Retirement planning takes on even greater importance as a federal employee due to the unique benefits and complexities associated with your employment. While Feds enjoy a range of retirement benefits and opportunities, knowing when toContinue reading “8 Things Federal Employees Should Do 5 Years Before Retirement”
The Common And Costly Estate Planning Mistake Federal Employees Make
There are many financial mistakes that federal employees can make throughout their life but one of the most common that I see, and ironically one of the easiest to avoid, is naming and updating beneficiary designations. Yes, this sounds simple, but you may not realize how many beneficiary designations you have. And since it’s easyContinue reading “The Common And Costly Estate Planning Mistake Federal Employees Make”
How Much Federal Employees' Group Life Insurance Do You Need?
For many of us, life insurance is an essential part of our risk management plan; this is especially true if we have dependents. Determining how much coverage you need will vary and is based on personal and financial circumstances, such as your family’s composition, the amount required for immediate expenses, and the amount of ongoingContinue reading “How Much Federal Employees' Group Life Insurance Do You Need?”