Federal employees often assume their benefits will “take care of themselves.” Unfortunately, many discover too late that small missteps can lead to permanent reductions in income or unexpected expenses. Here are some of the most common federal benefits mistakes—and how to avoid them. Mistake #1: Waiting Too Long to Review Benefits Many employees wait until […]
Federal retirement is often described as a “three-legged stool”: FERS, TSP, and Social Security. Each leg is important on its own, but the real strength comes from how they work together. Understanding how to coordinate these three income sources is one of the most important financial steps a federal employee can take. Understanding the Three […]
Federal employees receive one of the most comprehensive benefits packages available—but that doesn’t always make it easy to understand. In fact, many federal workers don’t realize how complex their benefits really are until they’re close to retirement or facing a major life decision. This guide breaks down the core federal employee benefits and explains how […]