200. New Year Fed Finance Chat -- TSP Limits; Social Security Fairness Act Passes (CSRS employees/retirees)

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200. New Year Fed Finance Chat -- TSP Limits; Social Security Fairness Act Passes (CSRS employees/retirees)

6d ago 13:35

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Certified financial planner Brian Sigwart joined me on the podcast to discuss the elimination of the windfall provision, whichi limited CSRS employee social security benefits. (If you're a FERS employee, this won't impact you.) He also explains what you should be thinking about as we kick off a new calendar year (update your TSP contributions folks). Catch up contributions for folks of specific ages changed this year. You cna get more details here.

A WEP explainer:

https://www.ssa.gov/policy/docs/program-explainers/windfall-elimination-provision.html

Biden signed the bill:

https://www.psrs-peers.org/About-Us/News/2025/01/06/president-biden-signs-social-security-fairness-act--repeals-wep-and-gpo

Brian Sigwart's contact information:

Schedule a call with Brian here.

Brian Sigwart CFP® , RICP ®

CERTIFIED FINANCIAL PLANNER™ Professional

Financial Services Representative

11350 McCormick Road,

Executive Plaza IV, Suite 200

Hunt Valley, MD 21031

T: (410) 937-9098 Calls & Voicemails only

T: (410) 429-1031 Text only

F: (410) 785-7655

Bsigwart@financialguide.com

http://www.caafg.com/

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