The Federal Retirement Show

Are you a federal employee or retiree enrolled in FEHB and shocked by your Medicare Part B premium? You’re not alone—and you might be paying more than you should. In this episode, Val breaks down the key factors that determine your Medicare Part B premiums, including how your income, TSP withdrawals, and federal pension are used to calculate IRMAA (Income-Related Monthly Adjustment Amo...

Turning 65? Nearing retirement? This episode breaks down some of the most common—and confusing—questions federal employees and retirees face as they approach this milestone. In episode 133 of The Federal Retirement Show, Val covers - Age-Based Reductions to Social Security –Taxing Social Security, FEHB vs. Medicare, TSP Withdrawals – Learn how to avoid unnecessary taxes and...

In episode 131 of the Federal Retirement Show, Val goes into the latest budget legislation proposals that could significantly impact federal employees and retirees. From raising FERS contributions and eliminating the FERS supplement, to shifting to a “High-5” pension calculation and introducing at-will employment measures. Val also explores proposed filing fees for MSPB claims and effo...

In episode 132 of The Federal Retirement Show, Val explores supplemental income options like that can help bridge the gap between what you have and what you need. Most importantly, he answers a critical question: Why do so many people fail to secure the retirement they dream of? Spoiler: It’s not just about saving — it’s about planning. Don’t miss this episode if you’...

In episode 130 of the Federal Retirement Show, Val dives into a topic that often flies under the radar but can have a major impact on your federal retirement: Discontinued Service Time. Whether you're a seasoned federal worker or just starting your career in government service, understanding how prior federal service—especially service that was interrupted or ended—can affect your reti...

In episode 129 of the Federal Retirement Show, Val explores the Thrift Savings Plan (TSP) and explains why market volatility is a risky game for retirees. While TSP is a powerful retirement tool for federal employees and members of the military, not all investment strategies are created equal—especially when you're no longer bringing in a paycheck. Don’t miss this episode if you’...

Val dives into an often overlooked but important topic: the impact of death while actively employed as a federal worker. Val explains what happens to the benefits, salary, and retirement plans of a federal employee after their passing and discusses the policies and procedures that guide these situations, including survivor benefits, how life insurance works within federal employment, and the steps...

Val dives into a crucial topic for federal employees — what happens to your Thrift Savings Plan (TSP) loan when you separate from service? Whether you're retiring, resigning, or transitioning to a new job, dealing with an outstanding TSP loan is an important step in your financial planning. We break down your options, the consequences of inaction, and the best strategies for managing your lo...

Val dives deep into the intricacies of special groups retirement benefits within the federal government. From law enforcement officers to air traffic controllers, certain federal employees enjoy unique retirement packages designed to account for the physically demanding nature and high-risk environments of their jobs. We break down the different special groups, the eligibility requirements, and ho...

Val takes a deep dive into the crucial topic of debt elimination tailored specifically for government employees. He breaks down actionable strategies for paying off debt, and building a secure financial future in retirement. Don’t miss this episode if you’re looking to secure your financial future as a federal employee. Make sure to subscribe to The Federal Retirement Show for more epi...

Episode 124 of The Federal Retirement Show – Val dives into the ins and outs of federal employee retirement options, focusing on Deferred, Early, and Postponed retirement plans. Val breaks down: Deferred Retirement: What happens if you leave federal service before meeting the full eligibility requirements and how to keep your retirement benefits intact. Early Retirement: The pros and cons of...

Episode 123 of The Federal Retirement Show – Val is diving into the Thrift Savings Plan (TSP) – the retirement savings plan designed specifically for federal employees and uniformed services members. Val wants you to understand the core elements of the TSP, from contribution limits and investment options to the benefits of employer matching and the importance of diversifying your portf...

Episode 122 of The Federal Retirement Show – Val wants to simplify the Federal Employees Group Life Insurance (FEGLI) program—a key benefit for federal employees. Val covers what is FEGLI and give a clear breakdown of the FEGLI program and its purpose, as well as different coverage options, eligibility, and enrollment, and some key considerations. Don’t miss this episode if you&r...

In episode 121 of The Federal Retirement Show, Val stresses the importance of going back to the fundamentals pertaining to your retirement. He breaks down key concepts like the FERS and CSRS systems, TSP, and the nuances of your pension, and you’ll learn how to navigate the often-complex world of federal benefits, along with tips on making the most of your retirement planning. Don’t mi...

Survivor benefits are a critical part of any financial planning strategy, but what happens when traditional options aren't the right fit? In episode 120 of The Federal Retirement Show, Val explores alternative solutions, from life insurance policies to trusts, and discuss how each can be tailored to provide peace of mind for families. Whether you’re planning for the unexpected or just lookin...

USPS Employees – Are you tired of working for the Federal Government? Are you interested in an early retirement? On episode 119 of The Federal Retirement Show, Val breaks down the buyout offer and how this recent development is a significant turning point for many long-time postal workers. Val takes you through the intricate details of the buyout program, its potential impact on the workforc...

Welcome to part two of a deep dive into federal employee retirement! In episode 118, Val addresses the most common misconceptions surrounding retirement benefits for federal workers. He also tackles the frequently asked questions and shed light on the complex details that can often be confusing or overlooked. From understanding the intricacies of Bonus and Overtime Pay included in High-3, how to c...

As we enter the new year, federal employees are facing a range of significant changes that could impact their benefits. In episode 117 of The Federal Retirement Show, Val goes into significant detail about the key updates federal workers need to be aware of for 2025. From adjustments in retirement plans, healthcare options, and pay scales to shifts in remote work policies and new workplace regulat...

In episode 116 of The Federal Retirement Show, Val sifts through the critical topic of Required Minimum Distributions (RMDs) for Thrift Savings Plan (TSP) participants. He breaks down the question of when federal employees and retirees need to start taking RMDs from their TSP accounts. Whether you're approaching retirement or already there, this episode provides essential information to help you n...

Are you prepared for the unexpected twists and turns of life? In this episode of The Federal Retirement Show, Val tackles the often-overlooked topic of Long-Term Care Insurance, the importance of proper estate planning and retirement savings strategies. Listen to Previous Episodes:  https://federalretirementshow.com/podcasts/ Subscribe to the show’s YouTube channel: www.youtube.com/@americanbenefi...

In episode 114 of The Federal Retirement Show, Val tackles a question many federal employees face: Should I retire at 60 or wait until 62? Val gives a detailed breakdown of the key differences, including how your FERS pension, Social Security benefits, and healthcare options are impacted by retiring at each age. Don’t miss this episode if you’re looking to secure your financial future as a federal...

As we head into 2025, understanding the updated Thrift Savings Plan (TSP) contribution limits is essential for federal employees who want to maximize their retirement savings. In episode 113 of The Federal Retirement Show, Val explains in detail the newly announced limits for TSP contributions and discuss what these changes mean for your financial planning. Whether you’re considering catch-up cont...

In episode 112 of The Federal Retirement Show, Val describes the 2024 Federal Employees Health Benefits (FEHB) Open Enrollment season! Whether you're a federal employee or retiree, now is your opportunity to review, compare, and adjust your health insurance options for the year ahead. Val breaks down what’s new this season, important dates to keep in mind, and strategies to ensure you’re making th...

Many federal employees hear about the “High-3” without fully grasping what’s included and how it affects their future benefits. In episode 111 of The Federal Retirement Show, Val simplifies a crucial aspect of federal employee retirement planning: understanding your High-3 average salary and what counts toward it. Val breaks down the components of your High-3 average salary, clear up common miscon...

In episode 110 of The Federal Retirement Show, Val does a deep-dive into a critical issue many federal employees overlook: the looming "tax-bomb." Whether you're approaching retirement, receiving disability benefits, or navigating various federal benefits, understanding how taxes impact your earnings is essential to avoid unwanted surprises. Don’t miss this episode if you’re looking to secure your...