Player FM - Internet Radio Done Right
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Checked 29d ago
Добавлено девять лет назад
Контент предоставлен Chris Kowalik. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Chris Kowalik или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
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How the FERS Supplement is Affected if You Work After Retiring
Manage episode 329548912 series 1142073
Контент предоставлен Chris Kowalik. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Chris Kowalik или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
ProFeds Founder, Chris Kowalik, gives the simple formula to know if federal retirees might work themselves right out of the Special Retirement Supplement if they have a job after leaving federal service.
Key takeaways:
- General overview of how the SRS program works
- The “earnings test” applied and what happens if you make too much money
- We’ll cover a few examples (and give you an easy formula to figure this out for yourself)
- An overlooked element of the SRS earnings test that can be your silver lining
48 эпизодов
Manage episode 329548912 series 1142073
Контент предоставлен Chris Kowalik. Весь контент подкастов, включая эпизоды, графику и описания подкастов, загружается и предоставляется непосредственно компанией Chris Kowalik или ее партнером по платформе подкастов. Если вы считаете, что кто-то использует вашу работу, защищенную авторским правом, без вашего разрешения, вы можете выполнить процедуру, описанную здесь https://ru.player.fm/legal.
ProFeds Founder, Chris Kowalik, gives the simple formula to know if federal retirees might work themselves right out of the Special Retirement Supplement if they have a job after leaving federal service.
Key takeaways:
- General overview of how the SRS program works
- The “earnings test” applied and what happens if you make too much money
- We’ll cover a few examples (and give you an easy formula to figure this out for yourself)
- An overlooked element of the SRS earnings test that can be your silver lining
48 эпизодов
Все серии
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, reviews the IRS rules which allow you to take from your TSP at various ages (and if you’re allowed to access TSP between now and 9/30). KEY TAKEAWAYS: How do employees access TSP after they have separated (resigned or retired) How long employees have to wait take withdrawals from TSP What penalties may apply to withdrawals prior to age 59 ½ Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, highlights what federal employees need to do to keep their government health insurance (FEHB) and government life insurance (FEGLI). KEY TAKEAWAYS: What requirements must be met to keep FEHB after leaving federal service What types of retirement allow FEHB to continue What to do if you don’t meet these requirements Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, addresses federal employees who are on the younger side with only a few years of service to see what opportunities may exist with the deferred resignation offer. KEY TAKEAWAYS: Who falls into this category What are the consequences of taking this resignation offer How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

1 [Deferred Resignation] Part 6: Employees Who Are Close to Retirement (But Won’t Qualify for an Early Out) 9:23
ProFeds Founder, Chris Kowalik, addresses federal employees who are close to being eligible to retire, but don’t meet the requirements for an Early Out (VERA). KEY TAKEAWAYS: Who falls into this category What are the consequences of taking this resignation offer How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, discusses how the Deferred Resignation applies to federal employees who are already fully-eligible to retire (and what to do if you’ve already filed for retirement)! KEY TAKEAWAYS: How to know if you are fully-eligible to retire What steps need to be taken to accept the resignation offer How to change your retirement date to reflect 9/30 How your pension will change Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, discusses how the Deferred Resignation applies to federal employees who have met their Minimum Retirement Age, but don’t have the years of service necessary to be fully-eligible to retire. KEY TAKEAWAYS: Who qualifies for an MRA+10 retirement What effect does this have on your pension How can you avoid penalties to your pension How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, discusses the new twist added by OPM just days before federal employees decide if they stay or go. This change includes relaxed eligibility standards through the Early Out (VERA) option for those who qualify. KEY TAKEAWAYS: Who qualifies for an Early Out How does it change this decision for many people What effect does this have on your pension How are other benefits like FEHB, FEGLI, the Supplement & TSP affected Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, identifies 10 important questions that federal employees should ask of their agency’s HR department before they resign. KEY TAKEAWAYS: Documents you need to get Actions that need to be taken Expectations moving forward Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, discusses the concerns of the legitimacy of the “Deferred Resignation” offer that expires on February 6th – and why distrust and uncertainty are running high among federal workers. KEY TAKEAWAYS: The unorthodox method in which this offer was made The uncertainty of many important details The general distrust among the federal workforce The concerns about “what’s next” Additional resources: Link to OPM announcement: OPM.gov/fork Link to OPM FAQs: OPM.gov/fork/faq Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, unpacks why most New Year’s resolutions fail and how federal employees can reframe their mindset to get what they really want. KEY TAKEAWAYS: The key behind why most New Year’s resolutions fail The power of incremental changes The breakdown of effective goal-setting The reward of meaningful resolutions Additional resources: Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet Book mentioned, Atomic Habits by James Clear: https://jamesclear.com/atomic-habits…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, reveals the real truth behind why so many federal employees take advice from the “self-appointed office experts” at the proverbial water cooler. KEY TAKEAWAYS: Why water cooler experts can be dangerous (and sometimes helpful) What to do when you are getting advice about money from a co-worker Why you might feel compelled to take their advice What to do once you have the information (before you take action)! Additional resources: Local workshop locations and dates: FedImpact.com/attend To be introduced to a local financial professional: FedImpact.com/request-to-meet…
ProFeds Founder, Chris Kowalik, lays out the 8 planning principles that can help federal employees take control of their financial future Key takeaways: The timing of when you’re taking action The decision making process (and what happens if you don’t make decisions) Taking ownership of your future
ProFeds Founder, Chris Kowalik, shares a behind-the-scenes look at the recent updates ProFeds has made to its website and resources for federal employees. Key takeaways: We have a bigger message to share with federal employees preparing to retire, We embrace growth and change, so we continue to bring you helpful tools and resources, We want to give federal employees a first-class experience.…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, shares Super Bowl insights and what that has to do with your retirement from federal service. Key takeaways: What to do when you find yourself as the “underdog” How to keep your head in the game and be “In it to Win it?” When your play calling becomes a crucial element of your game strategy Who to rely on for guidance and leadership when the stakes are high Why to always keep your eye on the game clock & understand the rules of the game…
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FedImpact: Candid Insights for Your Federal Retirement

ProFeds Founder, Chris Kowalik, shares how taking these steps early can help you to retire with financial confidence. Key takeaways: NUMBERS: what facts and figures need to be on your radar TIMELINE: what does your retirement countdown look like ADVANTAGES: what unique decisions are available to you to give you an unfair advantage over your peers MINDSET: what shifts may need to be made to your thinking about your big retirement plan…
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