Plan Your Federal Retirement Podcast

In this throwback episode Micah and Tammy will discuss what coverage do you have, and what coverage do you actually need? Everything you need to know about Medicare and Federal Employees Health Benefits, providing you with the answers you need to make informed decisions about your health coverage. Understand the importance of healthcare planning and find out the critical changes in healthcare plan...

The more confident you are that you won't be scammed, the more vulnerable you are. Scammed, Phished, Hacked, or Conned… isn't just for the vulnerable population anymore. It's happening with higher intensity levels than we have ever seen before. While there is never a "foolproof" method of avoiding being victimized, there are a few steps that you can take to safeguard yourself and your loved ones. ...

Is it possible to request a waiver to access the FERS Supplement two years early? My wife has 32/33 years but only turns 55 in August. Thanks. - Fred https://zurl.co/PcyUl

Is "buy and hold" really the best strategy for retirement investing? In this podcast episode, Micah and Christian explore why this popular approach might not hold up especially in retirement. They explain how inflation, market downturns, and income needs require a more flexible investment strategy. You'll learn to build a written plan, prepare for volatility, and make better decisions with your TS...

Thank you for your wonderful and helpful videos on postponed retirement. The one question I have remaining is - I understand that if I retire at MRA and 10 that I cannot take my annuity without penalty until I am 62. Is there an option to continue with health benefits at time of resignation and not collect annuity until age 62 or do you have to start both at the same time? - Nancy  https://zurl.co...

Think you know how your FERS pension, Social Security, or military retirement will be taxed? Think again. In this episode, Micah and Floyd break down the tax pitfalls federal employees often overlook—like unexpected withholding issues, taxable income from multiple sources, and the impact of rental property depreciation. They share real examples and strategies to help you plan ahead and avoid costl...

First, I have listened to your podcast for year,s and it has been a wealth of information. Thank you. Now for my question...I am a 54 year old federal law enforcement officer. I plan to retire in June after 33 years of service. My plan was always to transfer my TSP to an IRA so I had more control. I plan to take withdrawals from the TSP/IRA immediately upon retirement. However, I recently read tha...

What does retirement really look like beyond the financials? In this podcast episode, Micah and Floyd discuss what life is like after retirement, focusing on more than just finances. They cover essential topics such as planning your daily routine, staying active, considering relocation, and having conversations with your spouse. The episode offers key steps to help you create a meaningful and fulf...

I'm 65 now,  still working usps, when I retire in 1 to 2 years, I'm interested in keeping monthly health insurance down.  Is it more cost effective to keep fehb only, or get Medicare part b. I know best would be both, but I want to keep monthly cost low - Damian    https://zurl.co/veOww

Tax season can be overwhelming, but federal employees can stay ahead with the right strategies.  In this podcast episode, Micah and Christian break down essential tax planning techniques, including the importance of estimated tax payments, understanding tax brackets, and how to avoid common pitfalls. Discover how proactive tax planning can save you money and reduce stress when it's time to file. ...

Yes, good morning. Jeff here, wondering about having a postponed retirement. When the paperwork needs to be filled out, if I want to start that postponed retirement 2 years from now and I am actively working for the government now, when I walk out the door, if I do not have all that paperwork already in place, how difficult will it be for me to get those things completed after leaving service? Tha...

It's crucial to evaluate your TSP decisions as you approach retirement. Understanding the various benefits associated with your TSP can significantly impact your financial future.  In this podcast episode, Micah and Tammy delve into important topics regarding TSP withdrawals, available distribution options, and the associated tax implications. They provide insights on how elements such as timing,...

Good morning, my name is Alberto. I am a Mail Handler for the Postal Service with 40 years of service. Currently, I can carry over 520 hours of annual leave into 2024. I am planning to retire in December 2025. If I don't use any annual leave in 2025, I will accumulate an additional 208 hours. My big question is: will the Postal Service cut me a check for 520 hours or 728 hours? I'm hearing conflic...