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The 30 Must-Answer Questions for Federal Employees
How prepared are you for your retirement from federal service? Find out by answering the questions below. You may also download a printable version.
- Do you know your “best possible” retirement date?
- Do you know what it costs to take “Early-Out” or “MRA+10” retirement?
- Do you know how to eliminate debt and avoid debt in retirement?
- Do you know your projected monthly income in retirement?
- Do you know how long it takes to receive a full retirement check?
- Do you know which retirement survivor benefit to choose for your spouse?
- Do you know who else can receive a survivor benefit, if you’re not married?
- Do you know what the basic annuity provides if you die as an employee?
- Do you know what the basic annuity provides if you become disabled?
- Do you know what the private sector value is for your basic annuity?
- Do you know what other benefits are received if you die as an employee?
- Do you know how you can find your Social Security benefit amounts?
- Do you know which Social Security penalties you need to be concerned with?
- Do you know how FEGLI provides paid-up life insurance in your retirement?
- Do you know how much FEGLI option B will cost you in the next 5-10 years?
- Do you know how you and your spouse can keep FEHBP in retirement?
- Do you know how FEHBP works with Medicare parts A/B/C/D?
- Do you know the best tool to use in choosing your FEHB Plan?
- Do you know what percentage of the FEHBP costs you will pay as a retiree?
- Do you know how FSA works in your last calendar year of employment?
- Do you know how the TSP loan program can be used to get ready for retirement?
- Do you know how many partial withdrawals you get in a lifetime?
- Do you know the TSP contribution limits per pay period?
- Do you know how you move TSP money to a Traditional IRA while working?
- Do you know how TSP can be reallocated and rebalanced consistently?
- Do you know which TSP fund is not available to the general public?
- Do you know why TSP’s annual summary projections may be inaccurate?
- Do you know TSP’s investment philosophy and why it matters?
- Do you know exactly what you are doing with TSP and why?
- Do you have a financial coach who will teach you exactly what to do and why?
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