Do Federal Employees Get a Pension and Social Security? An In-Depth Look
Retirement planning is a crucial aspect of every working individual’s life, and for federal employees, understanding their unique...
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Nearly 83% of All Federal Employees will NOT be able to retire on their MRA date (Minimum Retirement Age) with the retirement income they hoped for. (Source: AARP)
Federal employees face a variety of challenges when it comes to managing their federal employee benefits. One of the biggest challenges is understanding the complex rules and regulations surrounding their retirement plans, such as the Federal Employees Retirement System (FERS) or the Civil Service Retirement System (CSRS) or the newly launched Blended Retirement System (BRS) for Uniformed Service Members. These systems have multiple components, including Annuities, Thrift Savings Plans (TSPs), and Social Security benefits, which can be difficult to understand and navigate.
Federal employees planning for retirement must also carefully consider factors such as inflation, taxes, and healthcare costs, as well as keep track of legislative changes that could affect their retirement benefits.
Given the complexity of these issues, it is important for federal employees to seek guidance from knowledgeable professionals and stay up-to-date on the latest developments in federal employee retirement planning and benefits.
We provide unbiased, insightful, & complimentary federal benefit training & federal retirement planning to all members of the FERS, CSRS and BRS retirement systems who
NEEDS & WANT our help.
Our founder, and Lead Federal Retirement Specialist Sikander Lodhi have been serving federal employees since 2017. He is a Retired US Army Veteran, and served as a Federal Employee, which gives him the unique insight into Federal Benefits, and the understanding of the needs of other Federal Employees, that most other financial professionals do not offer.
Our expert team is comprised of individuals with the required state and federal professional designations and licenses required in the financial industry.
We utilize educational, entertaining & information-packed online webinar training, in-person seminars, and onsite union/association workshops to deliver easy-to-understand facts & details on your six main federal employee benefits. Starting 2024, many of these webinars will be offered online through our "My Federal Financial University" program.
Additionally, we train & guide federal employees during complimentary one-on-one federal benefits consultations via Zoom or phone. This is where we can provide useful & pertinent knowledge on a personalized level, going in-depth and detailed on everything from your future pension income, to FEHB & everything in between.
Our goal is to make each of our clients feel fully informed and knowledgeable about their federal employee benefits. The #1 thing our clients say after a consultation is: “You gave me so much good information on many difficult topics in such an easy-to-understand way. I wish I have met you sooner!!!”
TESTIMONIALS
I am a Mid-Level Career Employee at DoE. I thought in between Pension, Social Security & TSP, and the benefits from wife's job we will be well taken care of in retirement.
However after attending the workshops we realized our financial house was not built right. Most of our money was exposed to too much risk with little gains. We were also set up for too much taxes in the future. With help of the experts we were able to strategize to protect our money from excessive risk and future taxes.
Robbie W.
Dept. of Education
As a physician me and my husband make very good income however, we have always found ourselves cash-poor.
We had an advisor from a big name firm, who we were not very impressed with over the years. After attending some of the workshops we realized that Federal Employees have different needs. Also, we are high income earners, and our previous advisor was not helping us with possible Tax-Advantage solutions because their company do not offer those.
Dr. Sandy W.
Dept. of Veterans Affairs
Even though I am an IRS employee, this workshop was the first time someone took the time to help me truly understand the difference between a Traditional IRA vs Roth IRA and how the match, automatic and contribution limits work.
My wife and I really enjoyed the process of working with an expert on building our financial house in order. Highly recommend the 1-1 consultations.
Quinn D.
IRS Employee
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