Blog

Understanding Your Basic Federal Employee Benefits

October 21, 2021

Making the decision to retire can be overwhelming. Join PMA's financial advisor, Wade Guemmer, for a complimentary webinar to review your benefits in retirement.

This webinar will cover the fundamentals of the Federal Employees Retirement System (FERS) including:
-Basic calculations of the FERS pension and supplemental annuity;
-Different retirement options including immediate, postponed, and deferred options;
-Social Security basics, including the earnings test and Social Security taxability;
-Integrating Medicare with FEHB options;
-Federal Employee Group Life Insurance (FEGLI) with an emphasis on optional Part B;
-Survivor annuity;
-TSP overview – examine all 5 funds and a closer look at Lifecycle Funds;
-TSP Modernization Act and TSP withdrawal options before and after retirement;
-Potential tax implications for your estate or heirs if you leave money in TSP vs. transferring to an IRA.

The webinar will be hosted live via Zoom on Thursday, October 21st at 3PM Eastern. Registration is free for all PMA members. To RSVP for this event, please e-mail Wade.

PMA recommends attending Zoom presentations using your personal device for the best experience.

Related articles