The FedChoice Charitable Foundation is thrilled to announce that it is expanding its partnership with the Blacks in Government, Inc. (BIG) by launching the Guy Fleming Scholarship, a Collaborative Educational Scholarship Program.
But it’s smart to dig into the numbers to explore all the possibilities and use that information against the emotional part of the decision.
I was recently talking with one of my clients who is coming up on 40 years of federal service about retirement. He’ll be 62 when he hits 40 years in 2024 and the back of the napkin FERS annuity math looks like this:
It’s true, the Federal Employee Group Life Insurance program doesn’t garner as much thought as it might warrant. FEGLI is another option in your planning and there are both things to like and not like about the coverage.
We’ll look at the answer, and provide some information on how Social Security, the TSP, and other investment income may be taxed as well.
The maximum multiplier most employees may receive on the FERS basic annuity is 1.1%. You must retire on an immediate annuity having reached age 62 (or older) with 20 or more years of service. This is a 10% raise above the most common 1% multiplier.
My goal is to give you the perspective of a financial planner and how key benefits and planning items play together within the context of a financial plan. First, I want to start with a quick story.
On Tuesday, February 27, Andrey Gidaspov, Executive Director, FedChoice Charitable Foundation, joined Danista Hunte, Maryland Philanthropy…
I grew up in the mountains near Altoona in Central Pennsylvania and attended Penn State University (PSU) to study finance. I’m also a third- generation financial advisor – as a kid I worked in my father’s financial planning office and from a young age
On Tuesday, January 30, the FedChoice Charitable Foundation hosted winners of its Fall 2023 Grant Cycle Teachers’ Aid Program (TAP) awards at FedChoice FCU Headquarters.