Description
Obtain the information you need to make fully informed decisions about retirement. Gain valuable retirement planning information related to the Civil Service Retirement System (CSRS) and the Federal Employees Retirement System (FERS). Learn how your health and life insurance benefits carry over into retirement, and also about Social Security, Medicare, and Thrift Savings Plan (TSP) withdrawal options. Receive an overview of financial and estate planning.Duration
2 days
Level
FoundationalWho Should Attend?
Federal law enforcement officers or firefighters covered by either CSRS or FERS who are within 10 years of retirement. Employees who do not anticipate retiring within the next 10 years should take Mid-Career Retirement Planning, FERS Participants Only (BENE8120A).Credits
1.2 CEU'sLearning Outcomes
Determine when you are able to retire and explain the major steps involved in the retirement application process
Understand how your annuity will be computed and what benefits will be payable to your survivors
Decide whether you will be entitled to Social Security benefits, including Medicare, and how/whether your Social Security benefit will be affected by either the Windfall Elimination Provision or the Government Pension Offset
Identify your federal health and life insurance benefits after retirement
Identify TSP withdrawal options
Identify your retirement income needs and develop appropriate financial plans for your retirement
